STOCK TITAN

MongoDB (MDB) director granted RSUs and shares in lieu of cash fees

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Hazard Charles M Jr reported acquisition or exercise transactions in this Form 4 filing.

MongoDB director Hazard Charles M. Jr. reported new stock-based compensation and updated indirect holdings. The filing shows an award of 767 restricted stock units issued under MongoDB’s non-employee director compensation policy, plus 198 fully vested shares received in stock instead of cash director fees.

The restricted stock units each represent one share of common stock and vest in full on the earlier of the first anniversary of the grant date or MongoDB’s 2027 annual stockholders’ meeting, subject to continued service. The Form 4 also reports indirect holdings of 13,995 shares held by The Narragansett Bay Childrens Trust and 17,500 shares held by a family limited partnership, with beneficial ownership disclaimed except for any pecuniary interest.

Positive

  • None.

Negative

  • None.

Insights

Routine director stock compensation with modest new awards and updated indirect holdings.

The filing shows stock-based compensation for MongoDB director Hazard Charles M. Jr., not open-market trading. He received 767 restricted stock units and 198 fully vested shares under the non-employee director compensation policy, indicating compensation structure rather than a directional bet on the stock.

The RSUs vest on the earlier of the first anniversary of the grant date or the 2027 annual stockholders’ meeting, linking director incentives to continued service. Additional indirect holdings through a childrens trust and a family limited partnership are disclosed, with beneficial ownership disclaimed beyond his pecuniary interest. Overall, this appears to be a routine governance and disclosure update.

Insider Hazard Charles M Jr
Role null
Type Security Shares Price Value
Grant/Award Common Stock 767 $0.00 --
Grant/Award Common Stock 198 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 45,634 shares (Direct, null); Common Stock — 13,995 shares (Indirect, By Trust)
Footnotes (1)
  1. Represents restricted stock units issued to the Reporting Person pursuant to the annual equity grant under the Issuer's non-employee director compensation policy. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer and has no expiration date. The shares underlying the restricted stock unit award shall vest in full on the earlier of (i) the first anniversary of the grant date and (ii) the date of the Issuer's 2027 annual stockholders' meeting, subject to the Reporting Person providing continuous service to the Issuer through such date. Represents fully vested shares issued to the Reporting Person who elected to receive stock in lieu of cash for services as a director under the Issuer's non-employee director compensation policy. The number of shares was calculated based on the 30-day volume-weighted average share price as of the date immediately prior to the date of issuance and the amount of fees owed to the Reporting Person. These shares are held by The Narragansett Bay Childrens Trust (the "Trust"). The Reporting Person is the Trustee of the Trust and, as such, has the power to vote and dispose of the shares held by the Trust. The Reporting Person disclaims beneficial ownership of the shares owned by the Trust except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. The reporting person was appointed as the manager and general partner of a family limited partnership that owns the reported securities. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
Restricted stock units granted 767 units Annual equity grant under non-employee director compensation policy
Fully vested shares issued in lieu of cash 198 shares Director elected stock instead of cash fees
Direct common stock holdings after RSU grant 45,832 shares Total shares following one reported compensation transaction
Direct common stock holdings after stock-in-lieu grant 45,634 shares Total shares following separate compensation transaction
Indirect shares held by trust 13,995 shares Held by The Narragansett Bay Childrens Trust
Indirect shares held by family limited partnership 17,500 shares Held by a family limited partnership
restricted stock units financial
"Represents restricted stock units issued to the Reporting Person pursuant to the annual equity grant under the Issuer's non-employee director compensation policy."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
non-employee director compensation policy financial
"Represents restricted stock units issued to the Reporting Person pursuant to the annual equity grant under the Issuer's non-employee director compensation policy."
volume-weighted average share price financial
"The number of shares was calculated based on the 30-day volume-weighted average share price as of the date immediately prior to the date of issuance."
Volume-weighted average share price (VWAP) is the average price a stock trades at over a given period, where each trade’s price is weighted by how many shares changed hands; bigger trades count more than smaller ones. Investors use it as a benchmark to judge whether a trade executed at a good price and to spot short-term market direction—think of it like a weighted classroom average where students with more credits influence the final grade more.
pecuniary interest financial
"The Reporting Person disclaims beneficial ownership of the shares owned by the Trust except to the extent of his pecuniary interest therein."
family limited partnership financial
"The reporting person was appointed as the manager and general partner of a family limited partnership that owns the reported securities."
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Hazard Charles M Jr

(Last)(First)(Middle)
C/O FLYBRIDGE CAPITAL PARTNERS
855 BOYLSTON ST, SUITE 1000

(Street)
BOSTON MASSACHUSETTS 02116

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MongoDB, Inc. [ MDB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/30/2026A767(1)A$045,634D
Common Stock06/30/2026A198(2)A$045,832D
Common Stock13,995IBy Trust(3)
Common Stock17,500IBy Limited Partnership(4)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units issued to the Reporting Person pursuant to the annual equity grant under the Issuer's non-employee director compensation policy. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer and has no expiration date. The shares underlying the restricted stock unit award shall vest in full on the earlier of (i) the first anniversary of the grant date and (ii) the date of the Issuer's 2027 annual stockholders' meeting, subject to the Reporting Person providing continuous service to the Issuer through such date.
2. Represents fully vested shares issued to the Reporting Person who elected to receive stock in lieu of cash for services as a director under the Issuer's non-employee director compensation policy. The number of shares was calculated based on the 30-day volume-weighted average share price as of the date immediately prior to the date of issuance and the amount of fees owed to the Reporting Person.
3. These shares are held by The Narragansett Bay Childrens Trust (the "Trust"). The Reporting Person is the Trustee of the Trust and, as such, has the power to vote and dispose of the shares held by the Trust. The Reporting Person disclaims beneficial ownership of the shares owned by the Trust except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
4. The reporting person was appointed as the manager and general partner of a family limited partnership that owns the reported securities. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
Remarks:
/s/ Gahee Lee, Attorney in Fact07/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What stock awards did MongoDB (MDB) director Hazard Charles M. Jr. receive?

He received 767 restricted stock units and 198 fully vested shares of MongoDB common stock as compensation under the non-employee director compensation policy, with the 198 shares issued in lieu of cash fees for director services.

How do the new restricted stock units for MongoDB (MDB) director vest?

The 767 restricted stock units vest fully on the earlier of the first anniversary of the grant date or MongoDB’s 2027 annual stockholders’ meeting, provided Hazard Charles M. Jr. continues to serve the company through that date.

Were MongoDB (MDB) shares bought or sold in the reported Form 4?

The Form 4 does not show open-market purchases or sales. It reports stock awards to the director as compensation and updates indirect holdings through a trust and a family limited partnership, rather than discretionary buying or selling in the market.

What indirect MongoDB (MDB) holdings are associated with Hazard Charles M. Jr.?

The filing reports 13,995 shares held by The Narragansett Bay Childrens Trust and 17,500 shares held by a family limited partnership. He is trustee or manager/general partner and disclaims beneficial ownership beyond his pecuniary interest in these entities.

Why did MongoDB (MDB) issue 198 fully vested shares to the director?

The 198 fully vested shares were issued because the director elected to receive stock instead of cash for board service fees. The number of shares was based on the 30-day volume-weighted average share price and the amount of fees owed.

Does the MongoDB (MDB) Form 4 indicate any remaining derivative positions?

The derivative section of the Form 4 is empty in this disclosure, indicating no derivative securities such as stock options or similar instruments are reported as remaining positions for this director in this particular filing excerpt.