people · May 21, 2026

GitLab Executive Chair Sytse Sijbrandij Converts All Class B Shares to Class A

GitLab Executive Chair Sytse Sijbrandij converted all Class B common stock to Class A common stock on May 14, 2026. The conversion reduced voting power from 10 votes per Class B share to 1 vote per Class A share and was executed under a Rule 10b5-1 trading plan adopted in December 2025 with the Form 4 filing occurring on May 18, 2026. Sijbrandij remains Executive Chair and the largest Class A shareholder with no shares purchased or sold in the transaction. The move followed personal tax planning unrelated to any company sale or disagreement. Sytse Sijbrandij held 15.1 million of the 16.4 million Class B shares prior to the May 14 conversion.