STOCK TITAN

[Form 4] Couchbase, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Couchbase, Inc. (BASE) – Form 4 insider transaction

On 06/16/2025, Huw Owen, the company’s Senior Vice-President & Chief Revenue Officer, reported a transaction coded “F,” indicating a sale to cover tax-withholding obligations arising from the vesting of restricted stock units (RSUs). A total of 23,290 common shares were sold at an average price of $19.0357 per share, generating roughly $0.44 million in gross proceeds that were remitted for taxes. Because the Code F designation denotes a non-discretionary, automatic sale, the trade does not represent an elective reduction of the executive’s investment position.

Following the transaction, Owen’s direct beneficial ownership stands at 404,409 common shares. The filing contains no derivative security activity and no changes to options or other equity instruments.

For investors, the key takeaway is that the executive continues to hold a sizeable equity stake, which helps maintain alignment with shareholder interests. Nevertheless, any insider sale—regardless of intent—can attract market attention and may be interpreted as a signal. Given the nature and size of the transaction (approximately 5.8% of the insider’s prior direct holdings), the overall impact is judged as neutral.

Couchbase, Inc. (BASE) – Transazione interna Form 4

Il 16/06/2025, Huw Owen, Senior Vice-President & Chief Revenue Officer della società, ha segnalato una transazione contrassegnata con il codice “F”, che indica una vendita per coprire obblighi fiscali derivanti dal consolidamento di unità azionarie vincolate (RSU). Sono state vendute complessivamente 23.290 azioni ordinarie a un prezzo medio di $19,0357 per azione, generando circa $0,44 milioni di proventi lordi destinati al pagamento delle tasse. Poiché il codice F indica una vendita automatica e non discrezionale, questa operazione non rappresenta una riduzione volontaria della posizione azionaria dell’esecutivo.

Dopo la transazione, la proprietà diretta di Owen ammonta a 404.409 azioni ordinarie. La comunicazione non riporta attività su strumenti derivati né variazioni su opzioni o altri strumenti azionari.

Per gli investitori, il punto chiave è che l’esecutivo mantiene una quota azionaria significativa, che contribuisce a mantenere l’allineamento con gli interessi degli azionisti. Tuttavia, qualsiasi vendita da parte di un insider – indipendentemente dall’intento – può attirare l’attenzione del mercato e essere interpretata come un segnale. Considerando la natura e la dimensione della transazione (circa il 5,8% delle partecipazioni dirette precedenti dell’insider), l’impatto complessivo è valutato come neutro.

Couchbase, Inc. (BASE) – Transacción interna Formulario 4

El 16/06/2025, Huw Owen, Vicepresidente Senior y Director de Ingresos de la empresa, reportó una transacción codificada como “F”, que indica una venta para cubrir obligaciones fiscales derivadas del otorgamiento de unidades de acciones restringidas (RSU). Se vendieron un total de 23,290 acciones comunes a un precio promedio de $19.0357 por acción, generando aproximadamente $0.44 millones en ingresos brutos que se destinaron al pago de impuestos. Debido a que el código F denota una venta automática y no discrecional, esta operación no representa una reducción voluntaria de la posición accionaria del ejecutivo.

Tras la transacción, la propiedad directa de Owen es de 404,409 acciones comunes. El informe no incluye actividad con valores derivados ni cambios en opciones u otros instrumentos de capital.

Para los inversores, lo importante es que el ejecutivo mantiene una participación accionaria considerable, lo que ayuda a mantener la alineación con los intereses de los accionistas. Sin embargo, cualquier venta por parte de un insider —sin importar la intención— puede atraer la atención del mercado y ser interpretada como una señal. Dada la naturaleza y tamaño de la transacción (aproximadamente el 5,8% de las participaciones directas previas del insider), el impacto general se considera neutral.

Couchbase, Inc. (BASE) – Form 4 내부자 거래 보고

2025년 6월 16일, 회사의 수석 부사장 겸 최고 매출 책임자인 Huw Owen이 “F” 코드로 표시된 거래를 보고했습니다. 이 코드는 제한 주식 단위(RSU)의 권리 확정에 따른 세금 원천징수 의무를 충당하기 위한 자동 매도를 의미합니다. 총 23,290주 보통주가 주당 평균 $19.0357에 매도되어 약 $44만의 총수익이 세금 납부에 사용되었습니다. 코드 F는 비재량적이고 자동으로 이루어지는 매도를 나타내므로, 이 거래는 경영진의 투자 지분을 임의로 줄인 것이 아닙니다.

거래 후 Owen의 직접 보유 주식 수는 404,409주 보통주입니다. 제출된 보고서에는 파생상품 활동이나 옵션 및 기타 지분 관련 금융상품의 변동이 없습니다.

투자자들에게 중요한 점은 경영진이 상당한 지분을 계속 보유하고 있어 주주 이익과의 정렬이 유지된다는 것입니다. 그럼에도 불구하고 내부자의 매도는 의도와 관계없이 시장의 관심을 끌 수 있으며 신호로 해석될 수 있습니다. 거래 규모가 내부자의 기존 직접 보유 지분의 약 5.8%에 해당하는 점을 고려할 때, 전반적인 영향은 중립적으로 평가됩니다.

Couchbase, Inc. (BASE) – Transaction d’initié Formulaire 4

Le 16/06/2025, Huw Owen, Vice-Président Senior et Directeur des Revenus de la société, a déclaré une transaction codée « F », indiquant une vente pour couvrir les obligations fiscales résultant de la levée d’unités d’actions restreintes (RSU). Un total de 23 290 actions ordinaires ont été vendues à un prix moyen de 19,0357 $ par action, générant environ 440 000 $ de produits bruts versés au titre des impôts. Étant donné que le code F désigne une vente automatique et non discrétionnaire, cette opération ne constitue pas une réduction volontaire de la position de l’exécutif.

Après la transaction, la détention directe de M. Owen s’élève à 404 409 actions ordinaires. Le dépôt ne comporte aucune activité sur titres dérivés ni modification d’options ou autres instruments de capitaux propres.

Pour les investisseurs, l’essentiel est que l’exécutif conserve une participation importante, ce qui permet de maintenir l’alignement avec les intérêts des actionnaires. Néanmoins, toute vente d’initié – quelle que soit son intention – peut attirer l’attention du marché et être interprétée comme un signal. Compte tenu de la nature et de la taille de la transaction (environ 5,8 % des détentions directes antérieures de l’initié), l’impact global est jugé neutre.

Couchbase, Inc. (BASE) – Form 4 Insider-Transaktion

Am 16.06.2025 meldete Huw Owen, Senior Vice President & Chief Revenue Officer des Unternehmens, eine Transaktion mit dem Code „F“, was einen Verkauf zur Deckung von Steuerabzugsverpflichtungen im Zusammenhang mit der Vesting von Restricted Stock Units (RSUs) bedeutet. Insgesamt wurden 23.290 Stammaktien zu einem Durchschnittspreis von $19,0357 pro Aktie verkauft, wodurch etwa $0,44 Millionen Bruttoerlös für die Steuerzahlung generiert wurden. Da der Code F einen nicht-diskretionären, automatischen Verkauf kennzeichnet, stellt der Handel keine freiwillige Reduzierung der Investitionsposition des Geschäftsführers dar.

Nach der Transaktion hält Owen direkt 404.409 Stammaktien. Die Meldung enthält keine Aktivitäten mit derivativen Wertpapieren und keine Änderungen bei Optionen oder anderen Eigenkapitalinstrumenten.

Für Investoren ist wichtig, dass der Geschäftsführer weiterhin einen erheblichen Aktienanteil hält, was die Ausrichtung an den Interessen der Aktionäre unterstützt. Dennoch kann jeder Insider-Verkauf – unabhängig von der Absicht – die Aufmerksamkeit des Marktes auf sich ziehen und als Signal interpretiert werden. Angesichts der Art und Größe der Transaktion (etwa 5,8 % der vorherigen direkten Beteiligungen des Insiders) wird die Gesamtwirkung als neutral eingeschätzt.

Positive
  • Executive retains 404,409 shares, underscoring continued alignment with shareholders.
  • Sale classified as Code F (tax withholding), indicating a non-discretionary, low-signal transaction.
Negative
  • 23,290 shares sold, representing about 5.8% of the insider’s direct holdings, could be perceived negatively by some investors.

Insights

TL;DR – Small, non-discretionary sale; neutral signal.

The filing shows an automatic sale of 23,290 shares for tax withholding linked to RSU vesting. Code F transactions are typically pre-arranged and do not reflect an outlook on Couchbase’s fundamentals. Post-sale ownership remains high at 404,409 shares, so executive alignment is materially intact. Size is modest relative to average daily volume and insider’s total stake. I view the event as administratively routine with minimal valuation impact.

TL;DR – Governance-clean, 10b5-1 compliant, not impactful.

The company disclosed that the sale satisfies tax obligations and appears structured to meet Rule 10b5-1 safe-harbor conditions, reducing litigation or optics risk. No red flags in timing, and signature is properly authorized. Because the insider retained over 400k shares, ownership incentives remain aligned. Overall, the governance profile is unaffected.

Couchbase, Inc. (BASE) – Transazione interna Form 4

Il 16/06/2025, Huw Owen, Senior Vice-President & Chief Revenue Officer della società, ha segnalato una transazione contrassegnata con il codice “F”, che indica una vendita per coprire obblighi fiscali derivanti dal consolidamento di unità azionarie vincolate (RSU). Sono state vendute complessivamente 23.290 azioni ordinarie a un prezzo medio di $19,0357 per azione, generando circa $0,44 milioni di proventi lordi destinati al pagamento delle tasse. Poiché il codice F indica una vendita automatica e non discrezionale, questa operazione non rappresenta una riduzione volontaria della posizione azionaria dell’esecutivo.

Dopo la transazione, la proprietà diretta di Owen ammonta a 404.409 azioni ordinarie. La comunicazione non riporta attività su strumenti derivati né variazioni su opzioni o altri strumenti azionari.

Per gli investitori, il punto chiave è che l’esecutivo mantiene una quota azionaria significativa, che contribuisce a mantenere l’allineamento con gli interessi degli azionisti. Tuttavia, qualsiasi vendita da parte di un insider – indipendentemente dall’intento – può attirare l’attenzione del mercato e essere interpretata come un segnale. Considerando la natura e la dimensione della transazione (circa il 5,8% delle partecipazioni dirette precedenti dell’insider), l’impatto complessivo è valutato come neutro.

Couchbase, Inc. (BASE) – Transacción interna Formulario 4

El 16/06/2025, Huw Owen, Vicepresidente Senior y Director de Ingresos de la empresa, reportó una transacción codificada como “F”, que indica una venta para cubrir obligaciones fiscales derivadas del otorgamiento de unidades de acciones restringidas (RSU). Se vendieron un total de 23,290 acciones comunes a un precio promedio de $19.0357 por acción, generando aproximadamente $0.44 millones en ingresos brutos que se destinaron al pago de impuestos. Debido a que el código F denota una venta automática y no discrecional, esta operación no representa una reducción voluntaria de la posición accionaria del ejecutivo.

Tras la transacción, la propiedad directa de Owen es de 404,409 acciones comunes. El informe no incluye actividad con valores derivados ni cambios en opciones u otros instrumentos de capital.

Para los inversores, lo importante es que el ejecutivo mantiene una participación accionaria considerable, lo que ayuda a mantener la alineación con los intereses de los accionistas. Sin embargo, cualquier venta por parte de un insider —sin importar la intención— puede atraer la atención del mercado y ser interpretada como una señal. Dada la naturaleza y tamaño de la transacción (aproximadamente el 5,8% de las participaciones directas previas del insider), el impacto general se considera neutral.

Couchbase, Inc. (BASE) – Form 4 내부자 거래 보고

2025년 6월 16일, 회사의 수석 부사장 겸 최고 매출 책임자인 Huw Owen이 “F” 코드로 표시된 거래를 보고했습니다. 이 코드는 제한 주식 단위(RSU)의 권리 확정에 따른 세금 원천징수 의무를 충당하기 위한 자동 매도를 의미합니다. 총 23,290주 보통주가 주당 평균 $19.0357에 매도되어 약 $44만의 총수익이 세금 납부에 사용되었습니다. 코드 F는 비재량적이고 자동으로 이루어지는 매도를 나타내므로, 이 거래는 경영진의 투자 지분을 임의로 줄인 것이 아닙니다.

거래 후 Owen의 직접 보유 주식 수는 404,409주 보통주입니다. 제출된 보고서에는 파생상품 활동이나 옵션 및 기타 지분 관련 금융상품의 변동이 없습니다.

투자자들에게 중요한 점은 경영진이 상당한 지분을 계속 보유하고 있어 주주 이익과의 정렬이 유지된다는 것입니다. 그럼에도 불구하고 내부자의 매도는 의도와 관계없이 시장의 관심을 끌 수 있으며 신호로 해석될 수 있습니다. 거래 규모가 내부자의 기존 직접 보유 지분의 약 5.8%에 해당하는 점을 고려할 때, 전반적인 영향은 중립적으로 평가됩니다.

Couchbase, Inc. (BASE) – Transaction d’initié Formulaire 4

Le 16/06/2025, Huw Owen, Vice-Président Senior et Directeur des Revenus de la société, a déclaré une transaction codée « F », indiquant une vente pour couvrir les obligations fiscales résultant de la levée d’unités d’actions restreintes (RSU). Un total de 23 290 actions ordinaires ont été vendues à un prix moyen de 19,0357 $ par action, générant environ 440 000 $ de produits bruts versés au titre des impôts. Étant donné que le code F désigne une vente automatique et non discrétionnaire, cette opération ne constitue pas une réduction volontaire de la position de l’exécutif.

Après la transaction, la détention directe de M. Owen s’élève à 404 409 actions ordinaires. Le dépôt ne comporte aucune activité sur titres dérivés ni modification d’options ou autres instruments de capitaux propres.

Pour les investisseurs, l’essentiel est que l’exécutif conserve une participation importante, ce qui permet de maintenir l’alignement avec les intérêts des actionnaires. Néanmoins, toute vente d’initié – quelle que soit son intention – peut attirer l’attention du marché et être interprétée comme un signal. Compte tenu de la nature et de la taille de la transaction (environ 5,8 % des détentions directes antérieures de l’initié), l’impact global est jugé neutre.

Couchbase, Inc. (BASE) – Form 4 Insider-Transaktion

Am 16.06.2025 meldete Huw Owen, Senior Vice President & Chief Revenue Officer des Unternehmens, eine Transaktion mit dem Code „F“, was einen Verkauf zur Deckung von Steuerabzugsverpflichtungen im Zusammenhang mit der Vesting von Restricted Stock Units (RSUs) bedeutet. Insgesamt wurden 23.290 Stammaktien zu einem Durchschnittspreis von $19,0357 pro Aktie verkauft, wodurch etwa $0,44 Millionen Bruttoerlös für die Steuerzahlung generiert wurden. Da der Code F einen nicht-diskretionären, automatischen Verkauf kennzeichnet, stellt der Handel keine freiwillige Reduzierung der Investitionsposition des Geschäftsführers dar.

Nach der Transaktion hält Owen direkt 404.409 Stammaktien. Die Meldung enthält keine Aktivitäten mit derivativen Wertpapieren und keine Änderungen bei Optionen oder anderen Eigenkapitalinstrumenten.

Für Investoren ist wichtig, dass der Geschäftsführer weiterhin einen erheblichen Aktienanteil hält, was die Ausrichtung an den Interessen der Aktionäre unterstützt. Dennoch kann jeder Insider-Verkauf – unabhängig von der Absicht – die Aufmerksamkeit des Marktes auf sich ziehen und als Signal interpretiert werden. Angesichts der Art und Größe der Transaktion (etwa 5,8 % der vorherigen direkten Beteiligungen des Insiders) wird die Gesamtwirkung als neutral eingeschätzt.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Owen Huw

(Last) (First) (Middle)
C/O COUCHBASE, INC.
3155 OLSEN DR., SUITE 150

(Street)
SAN JOSE CA 95117

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Couchbase, Inc. [ BASE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP & Chief Revenue Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/16/2025 F 23,290(1) D $19.0357 404,409 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
Remarks:
/s/ Margaret Chow, by Power of Attorney for Huw Owen 06/18/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Couchbase (BASE) shares did SVP Huw Owen sell on 06/16/2025?

He sold 23,290 common shares.

What was the average sale price of the shares sold by Huw Owen?

The average price was $19.0357 per share.

Why were the shares sold according to the Form 4 filing?

The shares were sold to cover tax withholding obligations related to RSU vesting (Code F transaction).

How many Couchbase shares does Huw Owen own after the transaction?

He directly owns 404,409 common shares following the sale.

Does the Form 4 indicate any derivative security transactions?

No, no derivative securities were reported as acquired or disposed.
Couchbase, Inc.

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