MongoDB (NASDAQ: MDB) director Merriman sells 16,000 shares in plan
Rhea-AI Filing Summary
MongoDB director Dwight A. Merriman reported open-market sales of 16,000 shares of MongoDB, Inc. common stock under a Rule 10b5-1 trading plan. Transactions on June 12, 2026 and June 15, 2026 were executed at weighted average prices ranging from $348.45 to $354.41 per share.
Of the total, 10,000 shares were sold from his direct holdings and 6,000 shares were sold indirectly by The Dwight A. Merriman 2012 Trust for the benefit of his children. After these sales, Merriman directly holds 983,316 shares, with an additional 464,896 shares held by the 2012 Trust and 79,262 shares held by the Dwight A. Merriman Charitable Foundation, where he has voting and investment power but no pecuniary interest.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,000 | $348.92 | $2.09M |
| Sale | Common Stock | 625 | $350.55 | $219K |
| Sale | Common Stock | 320 | $352.00 | $113K |
| Sale | Common Stock | 1,280 | $353.00 | $452K |
| Sale | Common Stock | 7,775 | $354.41 | $2.76M |
| holding | Common Stock | -- | -- | -- |
Footnotes (6)
- 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 $350.01 to $350.85, 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 $352.00 to $352.03, 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 $348.45 to $348.98, 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 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
Key Terms
Rule 10b5-1 trading plan financial
weighted average price financial
pecuniary interest financial
non-derivative financial
indirect ownership financial
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