[144] MongoDB, Inc. SEC Filing
Rhea-AI Filing Summary
MongoDB, Inc. (MDB) has filed a Form 144 indicating that company co-founder Dwight Merriman intends to sell up to 1,000 common shares through Wells Fargo Clearing Services on or about 22 Jul 2025. The shares have an aggregate market value of $224,743, based on the filing’s reference price, and represent less than 0.002 % of the 81.7 million shares outstanding. The shares were originally acquired on 18 Oct 2017 as founder stock.
The filing also discloses that, during the past three months, Merriman sold 3,820 MDB shares in three separate transactions generating gross proceeds of $846,043. No additional material information or adverse operational data is provided in the notice; Form 144 serves solely to inform the market of the proposed sale under Rule 144 of the Securities Act.
Positive
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Negative
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Insights
TL;DR: Small insider sale (1k shares) by founder; cumulative selling 3.8k shares in 3 months—immaterial vs. float, neutral impact.
Rule 144 filings are routine notifications. The proposed 1,000-share sale equates to roughly $225k and <0.002 % of shares outstanding, so liquidity and control are unaffected. While the founder has sold 3,820 shares since June 2025, the pace remains modest relative to his likely holdings and total float. No operational or financial data accompany the notice, and the signer attests to possessing no undisclosed material information. Overall, the filing is not materially impactful beyond signaling continued, but limited, founder diversification.