MongoDB (MDB) CFO Berry sells 5,000 shares via trust in pre-set 10b5-1 plan
Rhea-AI Filing Summary
MongoDB, Inc. Chief Financial Officer Michael J. Berry reported a series of open-market sales of common stock on June 15, 2026 by The Berry Family Trust, a revocable trust of which he is a trustee. The transactions, made under a Rule 10b5-1 trading plan, totaled 5,000 shares sold across multiple trades at prices generally in the mid-$300s per share.
Following these sales, Berry holds 84,820 shares of MongoDB common stock directly and 11,199 shares indirectly through the trust, as reported in the filing. The indirect holdings figure includes 32 shares purchased under the issuer's Employee Stock Purchase Plan on June 15, 2026.
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Insights
CFO’s pre-planned trust sales are modest relative to reported holdings.
MongoDB’s CFO, Michael J. Berry, oversaw open-market sales of 5,000 shares of common stock on June 15, 2026 through The Berry Family Trust. Prices for these trades were in the mid-$300s per share, according to the detailed transaction data.
The filing states the transactions were executed under a Rule 10b5-1 trading plan, indicating they were pre-arranged rather than opportunistic. After the sales, Berry still reports 84,820 shares held directly and 11,199 shares held indirectly via the trust, suggesting the disposition represents a relatively small portion of his disclosed position.
The filing also notes that the indirect holdings include 32 shares acquired through the Employee Stock Purchase Plan on June 15, 2026. Overall, this appears to be a routine liquidity event under a pre-established plan rather than a change in his overall equity exposure to MongoDB.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 301 | $349.53 | $105K |
| Sale | Common Stock | 12 | $351.12 | $4K |
| Sale | Common Stock | 665 | $352.73 | $235K |
| Sale | Common Stock | 538 | $353.75 | $190K |
| Sale | Common Stock | 530 | $354.79 | $188K |
| Sale | Common Stock | 768 | $355.60 | $273K |
| Sale | Common Stock | 334 | $356.63 | $119K |
| Sale | Common Stock | 7 | $357.43 | $3K |
| Sale | Common Stock | 37 | $358.67 | $13K |
| Sale | Common Stock | 454 | $359.99 | $163K |
| Sale | Common Stock | 772 | $360.91 | $279K |
| Sale | Common Stock | 382 | $361.79 | $138K |
| Sale | Common Stock | 181 | $362.63 | $66K |
| Sale | Common Stock | 19 | $363.69 | $7K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $348.98 to $349.66, 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. These shares are held by The Berry Family Trust, a revocable trust of which the Reporting Person is a trustee. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $351.04 to $351.99, 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. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $352.25 to $353.23, 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. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $353.24 to $354.22, 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. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $354.24 to $355.22, 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. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $355.23 to $356.22, 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. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $356.23 to $357.16, 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. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $357.26 to $357.88, 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. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $358.35 to $359.05, 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. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $359.44 to $360.37, 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. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $360.44 to $361.42, 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. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $361.43 to $362.40, 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. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $362.45 to $363.24, 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. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $363.51 to $364.17, 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. Includes 32 shares purchased under the Issuer's Employee Stock Purchase Plan on June 15, 2026.