MongoDB (MDB) director Hope Cochran sells 1,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MongoDB, Inc. director Hope F. Cochran reported an open-market sale of 1,000 shares of MongoDB Common Stock at a price of $350.00 per share on May 29, 2026.
The sale was executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person. Following this transaction, Cochran directly holds 27,010 shares of MongoDB Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,000 shares ($350,000)
Net Sell
1 txn
Insider
Cochran Hope F
Role
null
Sold
1,000 shs ($350K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $350.00 | $350K |
Holdings After Transaction:
Common Stock — 27,010 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,000 shares
Sale price per share: $350.00 per share
Shares held after transaction: 27,010 shares
+2 more
5 metrics
Shares sold
1,000 shares
Open-market sale of MongoDB Common Stock on May 29, 2026
Sale price per share
$350.00 per share
Price for the 1,000-share open-market sale
Shares held after transaction
27,010 shares
Direct MongoDB Common Stock holdings after the sale
Transaction type
Open-market sale (Code S)
Non-derivative Form 4 transaction classification
Net buy/sell direction
-1,000 shares (net-sell)
Form 4 transaction summary for this filing
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock, Form 4
4 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.
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.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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) director Hope F. Cochran report?
Hope F. Cochran reported an open-market sale of 1,000 MongoDB Common Stock shares. The shares were sold at $350.00 per share on May 29, 2026, and the transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Was Hope Cochran’s MongoDB (MDB) stock sale under a Rule 10b5-1 trading plan?
Yes, the Form 4 states that Hope F. Cochran’s transactions were made pursuant to a Rule 10b5-1 trading plan. Such plans are pre-arranged trading programs that allow insiders to sell shares according to predetermined instructions over time.
What type of security was involved in Hope Cochran’s MongoDB (MDB) insider transaction?
The transaction involved MongoDB, Inc. Common Stock. The Form 4 reports a non-derivative open-market sale of 1,000 Common Stock shares at $350.00 per share, with Cochran’s direct ownership totaling 27,010 shares after the transaction date.