MongoDB (MDB) director Merriman sells 12,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
MongoDB director Dwight A. Merriman reported open-market sales totaling 12,000 shares of MongoDB, Inc. common stock. The sales occurred on March 13 and March 16, 2026, at prices ranging from about $258 to $263 per share.
On March 13, Merriman sold shares held directly, leaving 1,013,316 directly owned shares after the final transaction that day. On March 16, additional sales came from shares held indirectly by The Dwight A. Merriman 2012 Trust, which held 480,896 shares after the last reported sale.
The filing also lists 79,262 shares held indirectly through the Dwight A. Merriman Charitable Foundation, where Merriman is deemed to have voting and investment power but no pecuniary interest. All reported sales were made under a Rule 10b5-1 trading plan, indicating they were pre-arranged rather than discretionary market timing.
Positive
- None.
Negative
- None.
FAQ
How many MongoDB (MDB) shares did Dwight A. Merriman sell in this Form 4?
At what prices did Dwight A. Merriman sell MongoDB (MDB) shares?
Were Dwight A. Merriman’s MongoDB (MDB) share sales under a Rule 10b5-1 plan?
How many MongoDB (MDB) shares does Dwight A. Merriman hold directly after these transactions?
What MongoDB (MDB) shares are held indirectly for Dwight A. Merriman?
Does Dwight A. Merriman have any MongoDB (MDB) derivative positions in this filing?