GitLab Executive Chair Sijbrandij converts Class B shares into Class A

• GitLab Executive Chair Sytse Sijbrandij converted all of his Class B common stock into Class A common stock on May 14, 2026, according to a May 18 Form 4 filing.
• Class B shares carry 10 votes per share versus one vote per share for Class A, reducing his voting power tied to those holdings.
• The conversion was not tied to a purchase or sale, was undertaken for personal tax planning, and was not linked to any disagreement with the company.
• Sijbrandij’s role remains unchanged; he remains the largest individual holder of the company’s Class A common stock.

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