MongoDB CEO covers taxes with 2,262 share withholding
MongoDB, Inc. President & CEO Chirantan Jitendra Desai reported a routine tax-related share disposition.
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Rhea-AI Filing Summary
MongoDB, Inc. President & CEO Chirantan Jitendra Desai reported a routine tax-related share disposition. On April 1, 2026, 2,262 shares of common stock were withheld by the company at $244.77 per share to cover tax withholding obligations tied to previously granted Restricted Stock Units that vested.
After this tax-withholding disposition, Desai directly owned 76,666 shares of MongoDB common stock. This event reflects compensation-related tax settlement rather than an open-market purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,262 | $244.77 | $554K |
Footnotes (1)
- F1. Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations for the Reporting Person due upon the vesting of certain Restricted Stock Units previously granted to the Reporting Person.
Key Figures
Key Terms
Restricted Stock Units financial
tax withholding obligations financial
withheld by the Issuer financial
Common Stock financial
FAQ
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What did MongoDB (MDB) CEO Chirantan Desai report in this Form 4?
Was the MongoDB (MDB) CEO’s Form 4 transaction an open-market sale?
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