MongoDB (MDB) director sells 16,000 shares in 10b5-1 trades
Rhea-AI Filing Summary
MongoDB, Inc. (MDB) director Dwight A. Merriman reported open-market sales of a total of 16,000 shares of common stock on August 14 and 17, 2026, pursuant to a Rule 10b5-1 trading plan. The reported sales included 10,000 shares held directly and 6,000 shares held indirectly through The Dwight A. Merriman 2012 Trust for the benefit of his children. A separate entry shows 79,262 shares held indirectly by the Dwight A. Merriman Charitable Foundation, over which he has voting and investment power but no pecuniary interest.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 16,000 shares
Net Sell
10 txns
Insider
MERRIMAN DWIGHT A
Role
Director
Sold
16,000 shs ($7.42M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F4, F5 | 992 | $448.98 | $445K |
| Sale | Common Stock F1, F6, F5 | 1,652 | $450.28 | $744K |
| Sale | Common Stock F1, F7, F5 | 522 | $451.22 | $236K |
| Sale | Common Stock F1, F8, F5 | 460 | $452.55 | $208K |
| Sale | Common Stock F1, F9, F5 | 2,174 | $453.71 | $986K |
| Sale | Common Stock F1, F10, F5 | 80 | $454.88 | $36K |
| Sale | Common Stock F1, F11, F5 | 120 | $456.36 | $55K |
| Sale | Common Stock F1, F2 | 6,752 | $469.81 | $3.17M |
| Sale | Common Stock F1, F3 | 3,248 | $472.22 | $1.53M |
| holding | Common Stock F12 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 962,953 shares (Direct);
Common Stock — 452,896 shares (Indirect, By Trust);
Common Stock — 79,262 shares (Indirect, Dwight A. Merriman Charitable Foundation)
Footnotes (12)
- F1. The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F2. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $469.50 to $469.86, 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.
- F3. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $471.39 to $472.36, 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.
- F4. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $448.64 to $449.52, 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.
- F5. These shares are held by The Dwight A. Merriman 2012 Trust for the benefit of the Reporting Person's children.
- F6. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $449.77 to $450.73, 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.
- F7. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $451.11 to $451.75, 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.
- F8. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $452.11 to $453.04, 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.
- F9. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $453.28 to $454.24, 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.
- F10. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $454.57 to $455.19, 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.
- F11. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $456.35 to $456.37, 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.
- F12. 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
Directly held shares sold: 10,000 shares
Trust-held shares sold: 6,000 shares
+3 more
6 metrics
Total shares sold
16,000 shares
Aggregate of nine open-market sales reported on August 14 and 17, 2026
Directly held shares sold
10,000 shares
Two sales of directly held common stock on August 14, 2026
Trust-held shares sold
6,000 shares
Seven sales of shares held by The Dwight A. Merriman 2012 Trust on August 17, 2026
Weighted average sale price (example 1)
$469.81 per share
Weighted average price for 6,752 shares sold on August 14, 2026
Weighted average sale price (example 2)
$472.22 per share
Weighted average price for 3,248 shares sold on August 14, 2026
Charitable foundation holding
79,262 shares
Indirectly held by the Dwight A. Merriman Charitable Foundation; no pecuniary interest
Key Terms
Rule 10b5-1 trading plan, weighted average price, pecuniary interest, nonstock nonprofit corporation
4 terms
Rule 10b5-1 trading plan regulatory
"The transactions were pursuant to a Rule 10b5-1 trading plan adopted"
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"
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
"has no pecuniary interest in these shares"
nonstock nonprofit corporation regulatory
"The Dwight A. Merriman Charitable Foundation is a Delaware nonstock nonprofit corporation"
FAQ
What insider transaction did MongoDB (MDB) director Dwight A. Merriman report?
Dwight A. Merriman reported selling 16,000 shares of MongoDB common stock in open-market transactions on August 14 and 17, 2026. These sales were executed under a Rule 10b5-1 trading plan, indicating they followed a pre-established trading schedule.
Were Dwight A. Merriman’s MongoDB (MDB) stock sales under a Rule 10b5-1 plan?
Yes. A footnote states the transactions were made pursuant to a Rule 10b5-1 trading plan adopted by Merriman. Such plans allow insiders to prearrange trades, which can reduce the informational value of the exact timing of the sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.