STOCK TITAN

MongoDB (MDB) director Merriman sells 12,000 shares in Rule 10b5-1 trades

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

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 MERRIMAN DWIGHT A
Role Director
Sold 12,000 shs ($2.90M)
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 -- -- --
Holdings After Transaction: Common Stock — 477,256 shares (Indirect, By Trust); Common Stock — 1,012,656 shares (Direct)
Footnotes (1)
  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 $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. 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. 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. 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. 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. These shares are held by The Dwight A. Merriman 2012 Trust for the benefit of the Reporting Person's children. 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. 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.
Shares sold 12,000 shares Net open-market sales reported in this Form 4
Direct holdings after trades 1,005,316 shares MongoDB common stock held directly after April 14, 2026 sales
Trust holdings after trades 476,896 shares MongoDB common stock held by The Dwight A. Merriman 2012 Trust after April 16, 2026
Charitable foundation holding 79,262 shares Shares held by Dwight A. Merriman Charitable Foundation; no pecuniary interest
Sale price example (April 16 trust sale) $252.22 per share Weighted average price for 3,640-share sale on April 16, 2026
Sale price example (April 16 trust sale) $253.40 per share Weighted average price for 360-share sale on April 16, 2026
Sale price example (April 14 direct sale) $235.42 per share Weighted average price for 660-share sale on April 14, 2026
Total sale transactions 6 transactions Non-derivative open-market sales of MongoDB common stock
Rule 10b5-1 trading plan financial
"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 from..."
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.
pecuniary interest financial
"The Reporting Person is deemed to have voting and investment power ... but has no pecuniary interest in these shares."
non-derivative financial
"transaction_type": "non-derivative""
indirect ownership financial
"ownership_type": "indirect""
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MERRIMAN DWIGHT A

(Last)(First)(Middle)
C/O MONGODB, INC.
1633 BROADWAY, 38TH FLOOR

(Street)
NEW YORK NEW YORK 10019

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MongoDB, Inc. [ MDB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/14/2026S(1)660D$235.42(2)1,012,656D
Common Stock04/14/2026S(1)5,678D$236.68(3)1,006,978D
Common Stock04/14/2026S(1)1,256D$237.97(4)1,005,722D
Common Stock04/14/2026S(1)406D$238.85(5)1,005,316D
Common Stock04/16/2026S(1)3,640D$252.22(6)477,256IBy Trust(7)
Common Stock04/16/2026S(1)360D$253.4(8)476,896IBy Trust(7)
Common Stock79,262IDwight A. Merriman Charitable Foundation(9)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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.
7. These shares are held by The Dwight A. Merriman 2012 Trust for the benefit of the Reporting Person's children.
8. 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.
9. 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.
Remarks:
/s/ Gahee Lee, Attorney in Fact04/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did MDB director Dwight A. Merriman report?

Dwight A. Merriman reported selling 12,000 shares of MongoDB common stock in six open-market transactions. The sales occurred on April 14 and 16, 2026, from both his direct holdings and a family trust, under a pre-arranged Rule 10b5-1 trading plan.

At what prices were the MongoDB (MDB) shares sold in Merriman’s Form 4?

Merriman’s reported sales used weighted average prices between roughly $235 and $253 per share. Footnotes explain that each reported price reflects multiple trades within narrow ranges, and full breakdowns are available on request to the company, security holders, or SEC staff.

How many MongoDB (MDB) shares does Dwight A. Merriman hold after these trades?

After the reported sales, Merriman holds 1,005,316 MongoDB common shares directly. He also has 476,896 shares through The Dwight A. Merriman 2012 Trust and 79,262 shares held by the Dwight A. Merriman Charitable Foundation, over which he has voting and investment power.

What is the role of The Dwight A. Merriman 2012 Trust in the MDB Form 4?

Some sold shares were held by The Dwight A. Merriman 2012 Trust for the benefit of Merriman’s children. The Form 4 classifies these positions as indirect ownership "By Trust," and the sales from this trust are reported as open-market transactions in MongoDB common stock.

How does the Dwight A. Merriman Charitable Foundation feature in this MDB filing?

The filing lists 79,262 MongoDB shares held by the Dwight A. Merriman Charitable Foundation as an indirect holding. Merriman is deemed to have voting and investment power over these shares but, according to the footnote, he has no pecuniary interest in this charitable foundation position.

Were Merriman’s MongoDB (MDB) share sales made under a Rule 10b5-1 plan?

Yes. A footnote states the transactions were executed under a Rule 10b5-1 trading plan adopted by Merriman. Such plans pre-schedule trades, meaning the timing of these April 2026 sales was determined in advance rather than decided opportunistically.