[Form 4] MongoDB, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MongoDB, Inc. Chief Financial Officer Michael J. Berry reported a routine equity compensation event. The company withheld 7,082 shares of common stock at $335.90 per share to cover his tax withholding obligations when previously granted restricted stock units vested.
After this tax-withholding disposition, Berry directly holds 77,738 shares of MongoDB common stock. In addition, a revocable vehicle called The Berry Family Trust, of which he is a trustee, holds 1,500 shares reported as indirect ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BERRY MICHAEL J
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 7,082 | $335.90 | $2.38M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 77,738 shares (Direct, null);
Common Stock — 1,500 shares (Indirect, By Trust)
Footnotes (1)
- Represents shares of common stock withheld by the Issuer to satisfy tax withholding obligations for the Reporting Person due upon the vesting of Restricted Stock Units previously granted to the Reporting Person. These shares are held by The Berry Family Trust, a revocable trust of which the Reporting Person is a trustee.
Key Figures
Tax-withheld shares: 7,082 shares
Withholding price: $335.90 per share
Direct holdings after transaction: 77,738 shares
+3 more
6 metrics
Tax-withheld shares
7,082 shares
Shares withheld to satisfy tax obligations on RSU vesting
Withholding price
$335.90 per share
Value used for tax-withholding disposition of common stock
Direct holdings after transaction
77,738 shares
MongoDB common stock directly held by CFO Michael Berry
Indirect holdings via trust
1,500 shares
Shares held by The Berry Family Trust, a revocable trust
Tax-withholding transactions
1 event
Single F-code transaction for tax withholding in this filing
Holding entries
1 entry
Separate holding line for trust-owned common stock
Key Terms
Restricted Stock Units, tax withholding obligations, revocable trust, indirect ownership, +1 more
5 terms
Restricted Stock Units financial
"due upon the vesting of Restricted Stock Units previously granted"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"withheld by the Issuer to satisfy tax withholding obligations for the Reporting Person"
revocable trust financial
"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
"These shares are held by The Berry Family Trust, a revocable trust"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What did MongoDB (MDB) CFO Michael Berry report in this Form 4?
MongoDB CFO Michael Berry reported a tax-related share disposition. The company withheld 7,082 shares of common stock to satisfy tax obligations triggered by the vesting of previously granted restricted stock units, a standard mechanism rather than an open-market sale.