MongoDB (NASDAQ: MDB) director Roelof Botha sells 44,050 shares via estate vehicles
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MongoDB, Inc. director Roelof Botha reported open-market sales of 44,050 shares of Common Stock on June 2, 2026 through estate planning vehicles. The sales occurred in multiple trades at weighted average prices generally around $396–$400 per share, across specified price ranges in the footnotes.
Following these transactions, estate planning vehicles associated with Botha held 193,920 shares indirectly, while he also reported 1,130 shares held directly. The filing notes that the reported prices are weighted averages for numerous individual trades and that detailed trade-level pricing information is available upon request.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 44,050 shares ($17,534,803)
Net Sell
6 txns
Insider
BOTHA ROELOF
Role
null
Sold
44,050 shs ($17.53M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 680 | $395.4847 | $269K |
| Sale | Common Stock | 4,225 | $397.253 | $1.68M |
| Sale | Common Stock | 28,889 | $397.9913 | $11.50M |
| Sale | Common Stock | 9,856 | $398.7399 | $3.93M |
| Sale | Common Stock | 400 | $399.82 | $160K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 193,920 shares (Indirect, By Estate Planning Vehicles);
Common Stock — 1,130 shares (Direct, null)
Footnotes (1)
- The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $395.20 to $396.04, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $396.50 to $397.495, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $397.50 to $398.49, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $398.51 to $399.47, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $399.65 to $399.92, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Key Figures
Total shares sold: 44,050 shares
Sale block: 28,889 shares
Sale block: 9,856 shares
+5 more
8 metrics
Total shares sold
44,050 shares
Open-market sales on June 2, 2026
Sale block
28,889 shares
Common Stock sold at $397.9913 per share
Sale block
9,856 shares
Common Stock sold at $398.7399 per share
Sale block
4,225 shares
Common Stock sold at $397.2530 per share
Sale block
400 shares
Common Stock sold at $399.8200 per share
Post-transaction indirect holdings
193,920 shares
Held by estate planning vehicles after sales
Direct holdings
1,130 shares
Common Stock held directly after reported transactions
Weighted average price range
$395.20–$399.92
Price ranges for multiple sale transactions
Key Terms
open-market sale, weighted average price, estate planning vehicles, indirect ownership, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
estate planning vehicles financial
"nature_of_ownership: "By Estate Planning Vehicles""
indirect ownership financial
"ownership_type: "indirect" with estate planning vehicles"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did MongoDB (MDB) report for Roelof Botha?
MongoDB director Roelof Botha reported selling 44,050 shares of Common Stock on June 2, 2026. The transactions were open-market sales executed through estate planning vehicles, with prices disclosed as weighted averages across several price ranges near $396–$400 per share.
Were Roelof Botha’s MongoDB (MDB) transactions direct or through other entities?
Most reported MongoDB share sales were indirect, made by estate planning vehicles associated with Roelof Botha. The Form 4 identifies these as indirect holdings with the nature of ownership described as “By Estate Planning Vehicles,” while a smaller position of 1,130 shares is held directly.
What does weighted average price mean in the MongoDB (MDB) Form 4 footnotes?
The Form 4 states each reported sale price is a weighted average price. Shares were sold in multiple trades within specified price ranges, and the single price reported reflects the average across those trades; detailed trade-by-trade prices are available from the reporting person upon request.