Were Dwight A. Merriman’s MongoDB (MDB) share sales made under a Rule 10b5-1 plan?

Yes. A footnote states the transactions were made pursuant to a Rule 10b5-1 trading plan . These plans are pre-arranged programs that schedule trades in advance, which means the timing of the sales is not the result of day-to-day discretionary trading decisions.

MongoDB (MDB) director Dwight Merriman sells 16,000 shares in planned trades

Q: How many MongoDB (MDB) shares did Dwight A. Merriman sell in this Form 4?

Dwight A. Merriman reported selling a total of 16,000 shares of MongoDB common stock. This included 10,000 shares sold from his direct holdings and 6,000 shares sold from shares held indirectly through a family trust in separate open-market transactions.

Q: On what dates did the MongoDB (MDB) director’s reported stock sales occur?

The reported sales occurred on May 14 and May 18 . On May 14, Merriman sold 10,000 shares from his direct holdings. On May 18, he sold an additional 6,000 shares indirectly through The Dwight A. Merriman 2012 Trust in open-market trades.

Q: At what prices were the MongoDB (MDB) shares sold in Dwight A. Merriman’s Form 4?

The shares were sold at weighted average prices with individual trades reported around $293–$324 per share . Multiple footnotes explain that each price is an average of numerous transactions within narrow ranges and full breakdowns are available upon request from the reporting person.

Q: How many MongoDB (MDB) shares does Dwight A. Merriman hold after these transactions?

After the reported trades, Merriman holds about 1,002,430 shares directly and 475,708 shares indirectly via a 2012 trust. A charitable foundation associated with him also holds 79,262 shares , over which he has voting and investment power but no pecuniary interest.

Q: What is the role of trusts and foundations in Dwight A. Merriman’s MongoDB (MDB) holdings?

Some shares are held indirectly. 475,708 shares are in The Dwight A. Merriman 2012 Trust for his children, and 79,262 shares are held by the Dwight A. Merriman Charitable Foundation. He has voting and investment power over the foundation’s shares but no pecuniary interest in them.

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

MongoDB, Inc. director Dwight A. Merriman reported open-market sales totaling 16,000 shares of common stock. On May 14, he sold 10,000 shares held directly, and on May 18 he sold 6,000 shares held indirectly through a trust, at prices around $293–$324 per share.

The filing notes these transactions were made under a Rule 10b5-1 trading plan, indicating they were pre-arranged. After these trades, Merriman holds about 1,002,430 shares directly and 475,708 shares indirectly via The Dwight A. Merriman 2012 Trust, plus 79,262 shares in a charitable foundation where he has voting and investment power but no pecuniary interest.

Insider Trade Summary 10b5-1

Net Seller: 16,000 shares ($4,869,798)

Net Sell 18 txns

Insider MERRIMAN DWIGHT A

Role null

Sold 16,000 shs ($4.87M)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,188	$309.72	$368K
Sale	Common Stock	773	$311.36	$241K
Sale	Common Stock	2,039	$311.92	$636K
Sale	Common Stock	1,880	$322.58	$606K
Sale	Common Stock	114	$323.29	$37K
Sale	Common Stock	6	$324.16	$2K
Sale	Common Stock	886	$293.18	$260K
Sale	Common Stock	1,130	$294.47	$333K
Sale	Common Stock	1,396	$295.60	$413K
Sale	Common Stock	933	$296.50	$277K
Sale	Common Stock	562	$298.04	$167K
Sale	Common Stock	1,588	$298.92	$475K
Sale	Common Stock	917	$299.98	$275K
Sale	Common Stock	1,110	$301.03	$334K
Sale	Common Stock	1,184	$302.02	$358K
Sale	Common Stock	258	$302.97	$78K
Sale	Common Stock	36	$304.08	$11K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 475,708 shares (Indirect, By Trust); Common Stock — 1,002,430 shares (Direct, null)

Footnotes (1)

The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $292.80 to $293.68, 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 $293.93 to $294.89, 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 $295.07 to $296.04, 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 $296.07 to $296.91, 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 $297.45 to $298.40, 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 $298.45 to $299.33, 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 $299.59 to $300.57, 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 $300.58 to $301.56, 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 $301.62 to $302.57, 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 $302.67 to $303.35, 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 $309.40 to $309.93, 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. These shares are held by The Dwight A. Merriman 2012 Trust for the benefit of the Reporting Person's children. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $310.70 to $311.50, 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 $311.91 to $312.20, 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 $322.03 to $322.94, 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 $323.16 to $323.59, 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 Dwight A. Merriman Charitable Foundation is a Delaware nonstock nonprofit corporation. The Reporting Person is deemed to have voting and investment power over the shares of MongoDB, Inc. Common Stock held by the Dwight A. Merriman Charitable Foundation, but has no pecuniary interest in these shares.

Key Figures

Total shares sold: 16,000 shares Direct shares sold: 10,000 shares Trust shares sold: 6,000 shares +5 more

8 metrics

Total shares sold 16,000 shares Net shares sold across May 14 and May 18 transactions

Direct shares sold 10,000 shares Open-market sales on May 14 from direct holdings

Trust shares sold 6,000 shares Open-market sales on May 18 by The Dwight A. Merriman 2012 Trust

Direct holdings after trades 1,002,430 shares Common stock held directly following May 14 sales

Trust holdings after trades 475,708 shares Common stock held indirectly via 2012 Trust after May 18 sales

Charitable foundation holdings 79,262 shares Shares held by Dwight A. Merriman Charitable Foundation; no pecuniary interest

Example sale price $324.16 per share One reported weighted average sale price on May 18

Example sale price $293.18 per share One reported weighted average sale price on May 14

Key Terms

Rule 10b5-1 trading plan, weighted average price, pecuniary interest, indirect ownership, +1 more

5 terms

Rule 10b5-1 trading plan regulatory

"The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted average price financial

"The price reported is a weighted average price. The shares were sold in multiple transactions..."

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.

pecuniary interest financial

"The Reporting Person is deemed to have voting and investment power... but has no pecuniary interest in these shares."

indirect ownership financial

"direct_or_indirect: "I", nature_of_ownership: "By Trust""

open-market sale financial

"transaction_action: "open-market sale", transaction_code_description: "Sale in open market or private transaction""

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.

Form 4 Insider Transactions: What Each Field Means →

05/18/2026 - 05:02 PM

SEC Form 4

FORM 4

UNITED 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^*

MERRIMAN DWIGHT A

(Last)

(First)

(Middle)

C/O MONGODB, INC.

1633 BROADWAY, 38TH FLOOR

(Street)

NEW YORK

10019

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/14/2026		S⁽¹⁾		886	D	$293.18⁽²⁾	1,002,430	D
Common Stock	05/14/2026		S⁽¹⁾		1,130	D	$294.47⁽³⁾	1,001,300	D
Common Stock	05/14/2026		S⁽¹⁾		1,396	D	$295.6⁽⁴⁾	999,904	D
Common Stock	05/14/2026		S⁽¹⁾		933	D	$296.5⁽⁵⁾	998,971	D
Common Stock	05/14/2026		S⁽¹⁾		562	D	$298.04⁽⁶⁾	998,409	D
Common Stock	05/14/2026		S⁽¹⁾		1,588	D	$298.92⁽⁷⁾	996,821	D
Common Stock	05/14/2026		S⁽¹⁾		917	D	$299.98⁽⁸⁾	995,904	D
Common Stock	05/14/2026		S⁽¹⁾		1,110	D	$301.03⁽⁹⁾	994,794	D
Common Stock	05/14/2026		S⁽¹⁾		1,184	D	$302.02⁽¹⁰⁾	993,610	D
Common Stock	05/14/2026		S⁽¹⁾		258	D	$302.97⁽¹¹⁾	993,352	D
Common Stock	05/14/2026		S⁽¹⁾		36	D	$304.08	993,316	D
Common Stock	05/18/2026		S⁽¹⁾		1,188	D	$309.72⁽¹²⁾	475,708	I	By Trust⁽¹³⁾
Common Stock	05/18/2026		S⁽¹⁾		773	D	$311.36⁽¹⁴⁾	474,935	I	By Trust⁽¹³⁾
Common Stock	05/18/2026		S⁽¹⁾		2,039	D	$311.92⁽¹⁵⁾	472,896	I	By Trust⁽¹³⁾
Common Stock	05/18/2026		S⁽¹⁾		1,880	D	$322.58⁽¹⁶⁾	471,016	I	By Trust⁽¹³⁾
Common Stock	05/18/2026		S⁽¹⁾		114	D	$323.29⁽¹⁷⁾	470,902	I	By Trust⁽¹³⁾
Common Stock	05/18/2026		S⁽¹⁾		6	D	$324.16	470,896	I	By Trust⁽¹³⁾
Common Stock								79,262	I	Dwight A. Merriman Charitable Foundation⁽¹⁸⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

2. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $292.80 to $293.68, 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.

3. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $293.93 to $294.89, 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.

4. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $295.07 to $296.04, 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.

5. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $296.07 to $296.91, 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.

6. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $297.45 to $298.40, 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.

7. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $298.45 to $299.33, 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.

8. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $299.59 to $300.57, 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.

9. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $300.58 to $301.56, 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.

10. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $301.62 to $302.57, 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.

11. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $302.67 to $303.35, 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.

12. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $309.40 to $309.93, 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.

13. These shares are held by The Dwight A. Merriman 2012 Trust for the benefit of the Reporting Person's children.

14. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $310.70 to $311.50, 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.

15. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $311.91 to $312.20, 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.

16. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $322.03 to $322.94, 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.

17. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $323.16 to $323.59, 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.

18. The Dwight A. Merriman Charitable Foundation is a Delaware nonstock nonprofit corporation. The Reporting Person is deemed to have voting and investment power over the shares of MongoDB, Inc. Common Stock held by the Dwight A. Merriman Charitable Foundation, but has no pecuniary interest in these shares.

Remarks:

	/s/ Gahee Lee, Attorney in Fact	05/18/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

How many MongoDB (MDB) shares did Dwight A. Merriman sell in this Form 4?

Dwight A. Merriman reported selling a total of 16,000 shares of MongoDB common stock. This included 10,000 shares sold from his direct holdings and 6,000 shares sold from shares held indirectly through a family trust in separate open-market transactions.

On what dates did the MongoDB (MDB) director’s reported stock sales occur?

The reported sales occurred on May 14 and May 18. On May 14, Merriman sold 10,000 shares from his direct holdings. On May 18, he sold an additional 6,000 shares indirectly through The Dwight A. Merriman 2012 Trust in open-market trades.

At what prices were the MongoDB (MDB) shares sold in Dwight A. Merriman’s Form 4?

The shares were sold at weighted average prices with individual trades reported around $293–$324 per share. Multiple footnotes explain that each price is an average of numerous transactions within narrow ranges and full breakdowns are available upon request from the reporting person.

How many MongoDB (MDB) shares does Dwight A. Merriman hold after these transactions?

After the reported trades, Merriman holds about 1,002,430 shares directly and 475,708 shares indirectly via a 2012 trust. A charitable foundation associated with him also holds 79,262 shares, over which he has voting and investment power but no pecuniary interest.

What is the role of trusts and foundations in Dwight A. Merriman’s MongoDB (MDB) holdings?

Some shares are held indirectly. 475,708 shares are in The Dwight A. Merriman 2012 Trust for his children, and 79,262 shares are held by the Dwight A. Merriman Charitable Foundation. He has voting and investment power over the foundation’s shares but no pecuniary interest in them.