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 Summary

On 06/16/2025, Margaret Chow, the company’s SVP & Chief Legal Officer, executed a Code “F” transaction, selling 5,749 common shares at $19.0357 per share. The sale was automatically conducted to satisfy tax-withholding obligations arising from the vesting of restricted stock units and is therefore deemed non-discretionary. Following the sale, Chow’s direct holdings stand at 199,426 shares, representing a reduction of roughly 3% of her prior position.

No derivative securities were reported, and there is no indication of additional open-market sales or purchases. Because the transaction was executed solely for tax purposes and involved a relatively small portion of the insider’s total holdings, it is generally viewed as neutral from a governance and sentiment perspective.

Couchbase, Inc. (BASE) – Riepilogo della Transazione Insider Modulo 4

Il 16/06/2025, Margaret Chow, SVP e Chief Legal Officer dell'azienda, ha effettuato una transazione di tipo “F”, vendendo 5.749 azioni ordinarie al prezzo di $19,0357 per azione. La vendita è stata eseguita automaticamente per soddisfare gli obblighi fiscali derivanti dal consolidamento di unità azionarie vincolate, quindi considerata non discrezionale. Dopo la vendita, la partecipazione diretta di Chow è di 199.426 azioni, con una riduzione di circa il 3% rispetto alla posizione precedente.

Non sono stati segnalati strumenti derivati e non vi sono indicazioni di ulteriori vendite o acquisti sul mercato aperto. Poiché la transazione è stata effettuata esclusivamente per motivi fiscali e riguarda una parte relativamente piccola del totale delle azioni detenute dall'insider, è generalmente considerata neutrale dal punto di vista della governance e del sentiment.

Couchbase, Inc. (BASE) – Resumen de Transacción Insider Formulario 4

El 16/06/2025, Margaret Chow, vicepresidenta senior y directora legal de la empresa, realizó una transacción de Código “F”, vendiendo 5.749 acciones ordinarias a $19,0357 por acción. La venta se efectuó automáticamente para cumplir con obligaciones fiscales derivadas del otorgamiento de unidades restringidas de acciones, por lo que se considera no discrecional. Tras la venta, la participación directa de Chow es de 199.426 acciones, representando una reducción de aproximadamente el 3% respecto a su posición anterior.

No se reportaron valores derivados y no hay indicios de ventas o compras adicionales en el mercado abierto. Debido a que la transacción se realizó únicamente por motivos fiscales y abarcó una porción relativamente pequeña de las acciones totales del insider, generalmente se interpreta como neutral desde la perspectiva de gobernanza y sentimiento.

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

2025년 6월 16일, 회사의 SVP 겸 최고 법률 책임자인 Margaret Chow가 코드 “F” 거래를 실행하여 5,749주 보통주를 주당 $19.0357에 매도했습니다. 이 매도는 제한 주식 단위의 권리 취득에 따른 세금 원천징수 의무를 충족하기 위해 자동으로 이루어진 것으로, 비재량적 거래로 간주됩니다. 매도 후 Chow의 직접 보유 주식은 199,426주로, 이전 보유량 대비 약 3% 감소한 수치입니다.

파생 증권 보고는 없었으며, 추가적인 공개시장 매매 징후도 없습니다. 이 거래는 세금 목적만을 위해 이루어졌고 내부자의 전체 보유량 중 비교적 적은 부분에 해당하므로, 거버넌스 및 시장 심리 측면에서 중립적으로 평가됩니다.

Couchbase, Inc. (BASE) – Résumé de la transaction initiée par un initié (Formulaire 4)

Le 16/06/2025, Margaret Chow, vice-présidente principale et directrice juridique de l’entreprise, a réalisé une transaction de type « Code F », vendant 5 749 actions ordinaires au prix de 19,0357 $ par action. La vente a été effectuée automatiquement afin de satisfaire aux obligations fiscales liées à l’acquisition de unités d’actions restreintes, et est donc considérée comme non discrétionnaire. Après cette vente, la détention directe de Mme Chow s’élève à 199 426 actions, soit une réduction d’environ 3 % de sa position précédente.

Aucun titre dérivé n’a été déclaré et aucune indication de ventes ou d’achats supplémentaires sur le marché libre n’a été relevée. Étant donné que cette transaction a été réalisée uniquement pour des raisons fiscales et concerne une part relativement faible des avoirs totaux de l’initié, elle est généralement considérée comme neutre du point de vue de la gouvernance et du sentiment.

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

Am 16.06.2025 führte Margaret Chow, Senior Vice President und Chief Legal Officer des Unternehmens, eine Code „F“-Transaktion durch und verkaufte 5.749 Stammaktien zu je $19,0357. Der Verkauf erfolgte automatisch zur Erfüllung von Steuerabzugsverpflichtungen, die durch das Vesting von Restricted Stock Units entstanden sind, und gilt daher als nicht diskretionär. Nach dem Verkauf hält Chow 199.426 Aktien direkt, was einer Reduktion von etwa 3 % ihrer vorherigen Position entspricht.

Es wurden keine Derivate gemeldet, und es gibt keine Hinweise auf weitere Käufe oder Verkäufe am offenen Markt. Da die Transaktion ausschließlich aus steuerlichen Gründen durchgeführt wurde und nur einen relativ kleinen Teil der Gesamtbeteiligung des Insiders betrifft, wird sie aus Governance- und Sentiment-Perspektive allgemein als neutral eingestuft.

Positive
  • None.
Negative
  • Insider share sale: 5,749 shares were sold, which can be perceived as marginally negative, although the sale was mandatory for tax withholding.

Insights

TL;DR: Small Rule-10b5-1 tax sale; governance-neutral, minimal market impact.

The Form 4 shows a single 5,749-share sale (≈$109k) by SVP & CLO Margaret Chow under transaction code “F,” indicating the sale’s sole purpose was to cover withholding taxes on recently vested RSUs. Such sales are pre-arranged and non-discretionary, reducing any signaling effect that could imply insider concern. Post-transaction ownership remains substantial at nearly 200k shares, suggesting continued alignment with shareholders. Given the modest size (≈3% of her stake) and the administrative nature of the transaction, I assess the filing as neutral with negligible impact on valuation or sentiment.

Couchbase, Inc. (BASE) – Riepilogo della Transazione Insider Modulo 4

Il 16/06/2025, Margaret Chow, SVP e Chief Legal Officer dell'azienda, ha effettuato una transazione di tipo “F”, vendendo 5.749 azioni ordinarie al prezzo di $19,0357 per azione. La vendita è stata eseguita automaticamente per soddisfare gli obblighi fiscali derivanti dal consolidamento di unità azionarie vincolate, quindi considerata non discrezionale. Dopo la vendita, la partecipazione diretta di Chow è di 199.426 azioni, con una riduzione di circa il 3% rispetto alla posizione precedente.

Non sono stati segnalati strumenti derivati e non vi sono indicazioni di ulteriori vendite o acquisti sul mercato aperto. Poiché la transazione è stata effettuata esclusivamente per motivi fiscali e riguarda una parte relativamente piccola del totale delle azioni detenute dall'insider, è generalmente considerata neutrale dal punto di vista della governance e del sentiment.

Couchbase, Inc. (BASE) – Resumen de Transacción Insider Formulario 4

El 16/06/2025, Margaret Chow, vicepresidenta senior y directora legal de la empresa, realizó una transacción de Código “F”, vendiendo 5.749 acciones ordinarias a $19,0357 por acción. La venta se efectuó automáticamente para cumplir con obligaciones fiscales derivadas del otorgamiento de unidades restringidas de acciones, por lo que se considera no discrecional. Tras la venta, la participación directa de Chow es de 199.426 acciones, representando una reducción de aproximadamente el 3% respecto a su posición anterior.

No se reportaron valores derivados y no hay indicios de ventas o compras adicionales en el mercado abierto. Debido a que la transacción se realizó únicamente por motivos fiscales y abarcó una porción relativamente pequeña de las acciones totales del insider, generalmente se interpreta como neutral desde la perspectiva de gobernanza y sentimiento.

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

2025년 6월 16일, 회사의 SVP 겸 최고 법률 책임자인 Margaret Chow가 코드 “F” 거래를 실행하여 5,749주 보통주를 주당 $19.0357에 매도했습니다. 이 매도는 제한 주식 단위의 권리 취득에 따른 세금 원천징수 의무를 충족하기 위해 자동으로 이루어진 것으로, 비재량적 거래로 간주됩니다. 매도 후 Chow의 직접 보유 주식은 199,426주로, 이전 보유량 대비 약 3% 감소한 수치입니다.

파생 증권 보고는 없었으며, 추가적인 공개시장 매매 징후도 없습니다. 이 거래는 세금 목적만을 위해 이루어졌고 내부자의 전체 보유량 중 비교적 적은 부분에 해당하므로, 거버넌스 및 시장 심리 측면에서 중립적으로 평가됩니다.

Couchbase, Inc. (BASE) – Résumé de la transaction initiée par un initié (Formulaire 4)

Le 16/06/2025, Margaret Chow, vice-présidente principale et directrice juridique de l’entreprise, a réalisé une transaction de type « Code F », vendant 5 749 actions ordinaires au prix de 19,0357 $ par action. La vente a été effectuée automatiquement afin de satisfaire aux obligations fiscales liées à l’acquisition de unités d’actions restreintes, et est donc considérée comme non discrétionnaire. Après cette vente, la détention directe de Mme Chow s’élève à 199 426 actions, soit une réduction d’environ 3 % de sa position précédente.

Aucun titre dérivé n’a été déclaré et aucune indication de ventes ou d’achats supplémentaires sur le marché libre n’a été relevée. Étant donné que cette transaction a été réalisée uniquement pour des raisons fiscales et concerne une part relativement faible des avoirs totaux de l’initié, elle est généralement considérée comme neutre du point de vue de la gouvernance et du sentiment.

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

Am 16.06.2025 führte Margaret Chow, Senior Vice President und Chief Legal Officer des Unternehmens, eine Code „F“-Transaktion durch und verkaufte 5.749 Stammaktien zu je $19,0357. Der Verkauf erfolgte automatisch zur Erfüllung von Steuerabzugsverpflichtungen, die durch das Vesting von Restricted Stock Units entstanden sind, und gilt daher als nicht diskretionär. Nach dem Verkauf hält Chow 199.426 Aktien direkt, was einer Reduktion von etwa 3 % ihrer vorherigen Position entspricht.

Es wurden keine Derivate gemeldet, und es gibt keine Hinweise auf weitere Käufe oder Verkäufe am offenen Markt. Da die Transaktion ausschließlich aus steuerlichen Gründen durchgeführt wurde und nur einen relativ kleinen Teil der Gesamtbeteiligung des Insiders betrifft, wird sie aus Governance- und Sentiment-Perspektive allgemein als neutral eingestuft.

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*
Chow Margaret

(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 Legal 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 5,749(1) D $19.0357 199,426 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 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 Margaret Chow sell on 06/16/2025?

She sold 5,749 common shares.

What was the sale price of the BASE shares in this Form 4 filing?

The shares were sold at $19.0357 per share.

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

The shares were sold to cover tax-withholding obligations tied to vested RSUs (a Rule 10b5-1 ‘sell-to-cover’).

How many Couchbase shares does Margaret Chow own after the transaction?

She directly owns 199,426 shares following the reported sale.

Does this insider transaction signal a change in company outlook?

The filing states the sale was non-discretionary for tax purposes, so it is generally considered neutral regarding company outlook.
Couchbase, Inc.

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United States
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