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MongoDB Insider Sale: Director Plans to Offload Shares After Recent Stock Rally

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

MongoDB (MDB) insider Dwight Merriman has filed Form 144 indicating a proposed sale of 820 shares of common stock with an aggregate market value of $172,631.80 through Wells Fargo Clearing Services. The shares were acquired on June 25, 2025, as part of an AGM Award from the issuer.

The filing also discloses previous trading activity by Merriman, who sold 2,000 shares on June 5, 2025, generating gross proceeds of $467,493.00. The proposed sale represents a small fraction of MongoDB's total outstanding shares of 81,714,313.

  • Planned execution date: June 25, 2025
  • Trading venue: NASDAQ
  • Share price implied by market value: approximately $210.53 per share

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

How many MDB shares are being sold according to the Form 144 filing from June 28, 2025?

According to the Form 144 filing, 820 shares of MongoDB (MDB) common stock are proposed to be sold through Wells Fargo Clearing Services at an aggregate market value of $172,631.80.

Who is selling MDB shares in this Form 144 filing and what is their recent trading history?

The filing shows that Dwight Merriman is the seller. His recent trading history indicates he previously sold 2,000 shares of MongoDB on June 5, 2025, for gross proceeds of $467,493.00.

What is the current total number of outstanding MDB shares according to the Form 144?

According to the Form 144 filing, MongoDB (MDB) has 81,714,313 shares outstanding as of the filing date.

How did the seller acquire the MDB shares being sold in this Form 144?

The 820 shares were acquired on June 25, 2025, through an AGM Award from the issuer (MongoDB). The nature of payment is listed as 'N/A' suggesting these were granted shares rather than purchased.

When is the approximate date of sale for the MDB shares in this Form 144?

The Form 144 indicates that the approximate date of sale for the 820 shares is June 25, 2025, to be executed through the NASDAQ exchange.
Mongodb

NASDAQ:MDB

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33.04B
78.71M
3.04%
87.11%
8.14%
Software - Infrastructure
Services-prepackaged Software
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United States
NEW YORK