MongoDB (MDB) CFO Berry sells 5,000 shares via Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MongoDB, Inc. Chief Financial Officer Michael J. Berry reported open-market sales of 5,000 shares of common stock on June 16, 2026. The shares were sold by The Berry Family Trust in multiple trades at weighted average prices within detailed ranges. After these transactions, Berry holds 84,820 shares directly and 6,302 shares indirectly through the trust, indicating he retains a substantial equity stake. The sales were executed under a pre-established Rule 10b5-1 trading plan, suggesting they were pre-planned rather than discretionary market timing.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,000 shares ($1,755,537)
Net Sell
19 txns
Insider
BERRY MICHAEL J
Role
Chief Financial Officer
Sold
5,000 shs ($1.76M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 198 | $345.42 | $68K |
| Sale | Common Stock | 309 | $346.19 | $107K |
| Sale | Common Stock | 223 | $347.55 | $78K |
| Sale | Common Stock | 650 | $348.74 | $227K |
| Sale | Common Stock | 899 | $349.59 | $314K |
| Sale | Common Stock | 1,142 | $350.62 | $400K |
| Sale | Common Stock | 477 | $351.51 | $168K |
| Sale | Common Stock | 98 | $352.51 | $35K |
| Sale | Common Stock | 252 | $353.85 | $89K |
| Sale | Common Stock | 127 | $354.84 | $45K |
| Sale | Common Stock | 85 | $355.65 | $30K |
| Sale | Common Stock | 48 | $356.65 | $17K |
| Sale | Common Stock | 108 | $357.91 | $39K |
| Sale | Common Stock | 113 | $359.35 | $41K |
| Sale | Common Stock | 29 | $360.67 | $10K |
| Sale | Common Stock | 105 | $362.22 | $38K |
| Sale | Common Stock | 134 | $363.07 | $49K |
| Sale | Common Stock | 3 | $363.87 | $1K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,302 shares (Indirect, By Trust);
Common Stock — 84,820 shares (Direct, null)
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 $344.80 to $345.78, 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 $345.82 to $346.77, 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 $347.09 to $348.03, 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. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $348.11 to $349.10, 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 $349.11 to $350.10, 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 $350.12 to $351.11, 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 $351.12 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. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $352.18 to $353.11, 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 $354.16, 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 $354.31 to $355.23, 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 $355.33 to $356.00, 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 $356.04 to $357.00, 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 $357.25 to $358.13, 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 $358.89 to $359.70, 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 $360.49 to $361.00, 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 $361.70 to $362.59, 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 $362.71 to $363.38, 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.
Key Figures
Shares sold: 5,000 shares
Highest reported sale price: $363.87 per share
Lowest price range value: $344.80 per share
+2 more
5 metrics
Shares sold
5,000 shares
Total MongoDB common shares sold on June 16, 2026
Highest reported sale price
$363.87 per share
Open-market sale price for 3 shares on June 16, 2026
Lowest price range value
$344.80 per share
Lower bound of a weighted-average sale price range in footnotes
Direct holdings after transactions
84,820 shares
MongoDB common stock held directly following June 16, 2026
Indirect trust holdings after transactions
6,302 shares
MongoDB common stock held by The Berry Family Trust
Key Terms
Rule 10b5-1 trading plan, weighted average price, revocable trust, indirect ownership
4 terms
Rule 10b5-1 trading plan regulatory
"The transactions were 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.
weighted average price financial
"The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging..."
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.
revocable trust financial
"These shares are held by The Berry Family Trust, a revocable trust of which the Reporting Person is a trustee."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
indirect ownership financial
"total_shares_following_transaction: "1500.0000", direct_or_indirect: "I", nature_of_ownership: "By Trust""
FAQ
What did MongoDB (MDB) CFO Michael J. Berry report in this Form 4?
MongoDB CFO Michael J. Berry reported that a trust associated with him sold 5,000 shares of MongoDB common stock in open-market transactions. These sales occurred on June 16, 2026 and were executed under a pre-established Rule 10b5-1 trading plan.