Sundar PichaiSundar Pichai earned $164M in 2023

Sid Sijbrandij is the co-founder and CEO of GitLab, a company he helped build from the ground up since its inception in 2015. With a Master’s degree in computer science from the University of Twente, Sid has a strong background...

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Sid Sijbrandij

Founder and Ex-CEO of GitLab

Education

Master's degree in computer science from the University of Twente

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

May 8, 1986 - 39 years ago

CEO of GitLab for

9 years 5 months (Jul 2015 - Dec 2024)

Previous Experience

Co-founder and CEO of GitLab, Inc.

Holdings

See how much did Sid Sijbrandij make over time.

Sid has held significant stakes in GitLab, with a stock value that saw peaks around $2.4 billion shortly after the company's IPO in 2021 before fluctuating downward in the following months. His wealth in stock has varied over time, reflecting...

Mar 18, 2025

Total Stock Sold

$518.81M

GTLB

$518.81M

6,825,000 GTLB shares

What if they kept their stock?

If Sid Sijbrandij didn't sell their stock, today they would have:
Extra GTLB6,825,000 shares worth $709.05M.
This is 36.67% and $190.24M more than what they got when they sold the stock.

Charitable Transactions

GTLB

553,203 shares

GTLB

Recent Charitable Transactions

GTLB

363,487 shares

GTLB

Dec 27, 2024

Charity

GTLB

189,716 shares

GTLB

Dec 15, 2023

Charity

Insider Trading

See recent insider trades of Sid Sijbrandij.

GTLB

$2.92M

GTLB at $52.06/share

Mar 17, 2025

Sale

GTLB

$5.88M

GTLB at $70.03/share

Feb 18, 2025

Sale

GTLB

$5.29M

GTLB at $63.02/share

Jan 15, 2025

Sale

GTLB

363,487 shares

GTLB

Dec 27, 2024

Charity

GTLB

$4.99M

GTLB at $59.45/share

Dec 16, 2024

Sale

GTLB

$16.76M

GTLB at $59.85/share

Nov 18, 2024

Sale

GTLB

$3.07M

GTLB at $54.86/share

Oct 15, 2024

Sale

GTLB

$3.00M

GTLB at $53.55/share

Sep 16, 2024

Sale

GTLB

$2.42M

GTLB at $43.18/share

Aug 14, 2024

Sale

GTLB

$2.76M

GTLB at $49.25/share

Jul 15, 2024

Sale

Compensation History

See how much did Sid Sijbrandij make over time.

In 2023, Sid's total compensation was reported at $3.85 million, primarily through his salary of $250,000. Notably, he received no stock options or bonuses, focusing purely on his salary and other compensation benefits like life insurance. This structure signifies a conservative approach to executive pay within the tech industry. His compensation accountability ensures that he is directly tied to the company's fortunes. In previous years, particularly in 2021, his reported compensation soared due to stock options and RSUs, but he has since moved away from cashing in on performance metrics, preferring to maintain a focus on long-term company health over immediate financial accolades. GitLab emphasizes competitive compensation tied to essential performance metrics, showing a clear commitment to aligning executive incentives with shareholder interests.

Year

2023

Total Compensation

$3.85

Salary

$0.25

Board Justification

GitLab’s compensation philosophy aims to align the interests of executives with those of stockholders, focusing on competitive and transparent compensation that supports recruitment, retention, and motivation of top talent.

Bonus

$0.00

Board Justification

Mr. Sijbrandij was not eligible for a target annual incentive in fiscal year 2024.

Other

$3.60

Board Justification

The other compensation includes employer life insurance premium contributions.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as the reported compensation does not include stock grants or options.

Performance Metrics

The performance metrics for determining compensation include Net Annual Recurring Revenue (Net ARR) and Non-GAAP Operating Income (NGOI).

Other GitLab CEOs

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