MongoDB (MDB) director Merriman sells 12,000 shares in Rule 10b5-1 trades
Rhea-AI Filing Summary
MongoDB, Inc. director Dwight A. Merriman reported open-market sales of 12,000 shares of MongoDB common stock on April 14 and 16, 2026. The shares were sold in six transactions at prices ranging from about $235 to $253 per share.
Part of the stock was sold from Merriman’s direct holdings, and part from The Dwight A. Merriman 2012 Trust, which holds shares for his children. The filing states these trades were made under a Rule 10b5-1 trading plan. After the sales, Merriman holds 1,005,316 shares directly, 476,896 shares through the 2012 Trust, and 79,262 shares indirectly via the Dwight A. Merriman Charitable Foundation, where he has voting and investment power but no pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,640 | $252.22 | $918K |
| Sale | Common Stock | 360 | $253.40 | $91K |
| Sale | Common Stock | 660 | $235.42 | $155K |
| Sale | Common Stock | 5,678 | $236.68 | $1.34M |
| Sale | Common Stock | 1,256 | $237.97 | $299K |
| Sale | Common Stock | 406 | $238.85 | $97K |
| holding | Common Stock | -- | -- | -- |
Footnotes (9)
- 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 $235.30 to $236.28, 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 $236.60 to $237.57, 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 $237.66 to $238.35, 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. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $238.68 to $239.20, 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.
- F6. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $252.00 to $252.79, 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.
- F7. These shares are held by The Dwight A. Merriman 2012 Trust for the benefit of the Reporting Person's children.
- F8. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $253.39 to $253.48, 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.
- F9. 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
open-market sale financial
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