secwatch.observer — SEC 8-K summary
======================================

Issuer:     Gitlab Inc. (GTLB)
CIK:        0001653482
Form:       8-K
Filed at:   2023-07-18T23:59:59+00:00
Accession:  0001628280-23-025064
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GitLab appoints Chris Weber as CRO, confirms Q2 and FY2024 guidance
-------------------------------------------------------------------

- Chris Weber appointed CRO effective July 17, 2023; annual salary $475,000, bonus target 100%.
- Michael McBride resigns as CRO effective Aug 1, 2023; consultant through July 2024 at $33,750/month.
- Guidance reaffirmed: Q2 revenue $129-130M, FY2024 revenue $541-543M; non-GAAP EPS $(0.03)-(0.02) Q2.
- McBride's departure not due to any disagreement with GitLab.
- Guidance also includes non-GAAP operating loss $(11)-(10)M Q2, $(47)-(43)M FY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653482/000162828023025064/0001628280-23-025064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653482/000162828023025064/gtlb-20230718.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-025064

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer