MongoDB Insider Trade: Hope Cochran Nets 1.2K Share Sale on 10b5-1 Plan

Rhea-AI Filing Summary

MongoDB, Inc. (MDB) Form 4 filing dated 06/20/2025 discloses director Hope F. Cochran’s Rule 10b5-1 trading activity on 06/17/2025.

• Option exercise (Code M): Cochran exercised 2,937 Class A common-stock options at an exercise price of $7.58. The option was already fully vested and immediately exercisable.
• Open-market sale (Code S): On the same day she sold 1,174 shares at an average price of $201.08.
• Net share change: After both transactions, her direct ownership decreased from 22,270 to 21,096 shares, a reduction of 1,174 shares.
• Remaining derivative holdings: 14,687 stock-option shares remain outstanding.
• Trading plan disclosure: Filing states transactions were executed under a previously adopted Rule 10b5-1 plan.

The filing represents routine insider activity: a small option exercise combined with a partial share sale. Given MongoDB’s large market capitalization, the dollar value and percentage of shares involved appear immaterial to overall float, but investors often track insider trends for sentiment cues. Because the sale was pre-arranged, it reduces the likelihood of informational timing.

Positive

• Option exercise of 2,937 shares at $7.58 adds transparency to long-term incentive realization and demonstrates continued equity exposure by the director.

Negative

• Sale of 1,174 shares at $201.08 reduces the director’s direct stake to 21,096 shares, a modest insider disposal that some investors may view cautiously.

Insights

Securities Analyst

TL;DR: Minor option exercise & small sale; net holdings down 1,174 shares—immaterial to MDB valuation; neutral sentiment.

The combined transaction is worth roughly $236k in gross sale proceeds versus MDB’s multi-billion-dollar market cap, so valuation impact is negligible. Option exercise at $7.58 versus a $200+ market price signals long-standing grant maturation rather than fresh bullishness. The 10b5-1 plan limits signaling power because timing was preset. Overall, I view the activity as routine portfolio rebalancing by a non-executive director, with no read-through to fundamentals. Rating: neutral.

Corporate Governance Expert

TL;DR: Filing adheres to governance best practices; pre-planned trades mitigate insider-trading risk; no red flags detected.

Rule 10b5-1 disclosure, separate reporting of M and S codes, and attorney-in-fact signature align with SEC compliance norms. The modest scale and continued substantial ownership (21,096 shares plus 14,687 options) suggest ongoing alignment with shareholders. No governance concerns arise. Impact classified as neutral.

SEC Form 4

FORM 4

UNITED 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 MONGO DB, INC.

1633 BROADWAY, 38TH FLOOR

(Street)

NEW YORK NY 10019

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MongoDB, Inc. [ MDB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/17/2025		M(1)		2,937	A	$7.58	22,270	D
Class A Common Stock	06/17/2025		S(1)		1,174	D	$201.08	21,096	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$7.58	06/17/2025		M(1)			2,937	(2)	12/07/2026	Class A Common Stock	2,937	$0	14,687	D

Explanation of Responses:

1. The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

2. Immediately exercisable and fully vested.

Remarks:

	/s/ Paul Johnston, Attorney-in-Fact	06/20/2025
	** Signature of Reporting Person	Date
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.

FAQ

How many MongoDB (MDB) shares did director Hope Cochran sell on 06/17/2025?

She sold 1,174 Class A shares at an average price of $201.08.

Did the Form 4 transaction occur under a Rule 10b5-1 plan?

Yes, the filing states all trades were executed pursuant to a pre-arranged Rule 10b5-1 trading plan.

What was the exercise price of the options Cochran exercised?

The stock options were exercised at a $7.58 strike price.

What is Hope Cochran’s direct share ownership after the reported transactions?

Her direct holdings stand at 21,096 Class A shares following the transactions.

How many derivative securities (options) does the director still hold?

Cochran retains 14,687 stock-option shares after the exercise.