STOCK TITAN

MongoDB (MDB) director Cochran gets stock awards, then sells 1,000 shares under 10b5-1 plan

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

MongoDB, Inc. director Hope F. Cochran reported a mix of equity compensation awards and a small open-market sale of common stock. On June 30, 2026, she acquired 767 restricted stock units and 199 fully vested shares under MongoDB’s non-employee director compensation policy, both at no cash cost to her.

On July 1, 2026, Cochran then sold 1,000 shares of common stock in an open-market transaction at $350.00 per share pursuant to a pre-arranged Rule 10b5-1 trading plan. After these transactions, she directly holds 29,326 MongoDB shares, showing that the reported sale represents only a portion of her overall stake.

Positive

  • None.

Negative

  • None.

Insights

Routine director equity grants offset by a modest, pre-planned share sale.

The filing shows director Hope F. Cochran receiving equity as part of MongoDB, Inc.’s non-employee director compensation. She was granted 767 restricted stock units that vest on a future date tied to service, plus 199 fully vested shares in lieu of cash fees.

The 1,000-share open-market sale at $350.00 per share was executed under a Rule 10b5-1 trading plan, indicating it was pre-scheduled rather than opportunistic. Afterward, Cochran still holds 29,326 shares, suggesting the sale affects only a fraction of her disclosed position.

Overall, this combination of equity awards and a planned sale appears consistent with standard director compensation and portfolio management practices, without signaling a major shift in insider conviction about MongoDB’s stock.

Insider Cochran Hope F
Role null
Sold 1,000 shs ($350K)
Type Security Shares Price Value
Sale Common Stock 1,000 $350.00 $350K
Grant/Award Common Stock 767 $0.00 --
Grant/Award Common Stock 199 $0.00 --
Holdings After Transaction: Common Stock — 29,326 shares (Direct, null)
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. The transaction was pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
Shares sold 1,000 shares Open-market sale at $350.00 per share on July 1, 2026
RSUs granted 767 units Restricted stock units granted June 30, 2026 under director policy
Shares issued in lieu of cash 199 shares Fully vested shares for director fees on June 30, 2026
Shares held after transactions 29,326 shares Direct MongoDB common stock ownership after July 1, 2026 sale
Sale price $350.00 per share Price for 1,000-share open-market sale on July 1, 2026
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.
Rule 10b5-1 trading plan regulatory
"The transaction was 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.
non-employee director compensation policy financial
"under the Issuer's non-employee director compensation policy."
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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).
X
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*
Cochran Hope F

(Last)(First)(Middle)
C/O MONGODB, INC.
1633 BROADWAY, 38TH FLOOR

(Street)
NEW YORK 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)
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$030,127D
Common Stock06/30/2026A199(2)A$030,326D
Common Stock07/01/2026S(3)1,000D$35029,326D
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. The transaction was pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
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 insider transactions did MongoDB (MDB) director Hope Cochran report?

Hope Cochran reported three transactions: grants of 767 restricted stock units and 199 fully vested common shares on June 30, 2026, and an open-market sale of 1,000 MongoDB common shares at $350.00 per share on July 1, 2026.

How many MongoDB (MDB) shares does Hope Cochran hold after these Form 4 transactions?

After the reported transactions, Hope Cochran directly holds 29,326 shares of MongoDB common stock. This figure reflects her position following the June 30, 2026 equity awards and the subsequent July 1, 2026 open-market sale of 1,000 shares.

Were Hope Cochran’s MongoDB (MDB) share sales made under a Rule 10b5-1 plan?

Yes. The Form 4 footnotes state the 1,000-share sale at $350.00 per share on July 1, 2026 was completed under a pre-arranged Rule 10b5-1 trading plan adopted by Hope Cochran, indicating the trade was scheduled in advance.

What type of equity awards did MongoDB (MDB) grant director Hope Cochran?

MongoDB granted Hope Cochran 767 restricted stock units and 199 fully vested shares under its non-employee director compensation policy. The restricted stock units each represent a contingent right to one share and vest based on continued service through a future vesting date.

Why did Hope Cochran receive 199 MongoDB (MDB) shares at a zero transaction price?

The 199 fully vested shares were issued because Hope Cochran elected to receive stock instead of cash for director fees. The number of shares was calculated using MongoDB’s 30-day volume-weighted average share price and the amount of fees owed to her.