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