[Form 4] MongoDB, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MongoDB, Inc. director Dev Ittycheria reported equity compensation activity tied to performance-based awards. On April 1, 2026, he acquired multiple blocks of Common Stock at no cost as portions of performance-based restricted stock units (PSUs) granted in prior years vested after MongoDB met specified performance criteria under its long-term incentive bonus plan and 2016 Equity Incentive Plan.
The company also withheld 26,462 shares of Common Stock at $244.77 per share to cover tax obligations arising from the vesting of these PSUs and certain previously granted restricted stock units. After these compensation and tax-withholding entries, Ittycheria directly holds 201,762 shares of MongoDB Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Ittycheria Dev
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,218 | $0.00 | -- |
| Grant/Award | Common Stock | 5,653 | $0.00 | -- |
| Grant/Award | Common Stock | 1,249 | $0.00 | -- |
| Grant/Award | Common Stock | 20,452 | $0.00 | -- |
| Tax Withholding | Common Stock | 26,462 | $244.77 | $6.48M |
Holdings After Transaction:
Common Stock — 200,870 shares (Direct)
Footnotes (1)
- Represents shares of Common Stock received upon the vesting of a portion of the performance-based restricted stock units ("PSUs") awarded to the Reporting Person on March 24, 2023 under the Issuer's long-term incentive bonus plan and 2016 Equity Incentive Plan, which vested based on the Issuer's satisfaction of certain performance criteria. In light of the performance-based vesting criteria of the PSUs, such shares were not previously reportable under Section 16. Each PSU represents the contingent right to receive one share of Common Stock of the Issuer. Represents shares of Common Stock received upon the vesting of a portion of the PSUs awarded to the Reporting Person on March 22, 2024 under the Issuer's long-term incentive bonus plan and 2016 Equity Incentive Plan, which vested based on the Issuer's satisfaction of certain performance criteria. In light of the performance-based vesting criteria of the PSUs, such shares were not previously reportable under Section 16. Each PSU represents the contingent right to receive one share of Common Stock of the Issuer Represents shares of Common Stock received upon the vesting of a portion of the PSUs awarded to the Reporting Person on March 15, 2025 under the Issuer's long-term incentive bonus plan and 2016 Equity Incentive Plan, which vested based on the Issuer's satisfaction of certain performance criteria. In light of the performance-based vesting criteria of the PSUs, such shares were not previously reportable under Section 16. Each PSU represents the contingent right to receive one share of Common Stock of the Issuer. Represents shares of Common Stock received upon the vesting of a portion of the PSUs awarded to the Reporting Person on March 20, 2025 under the Issuer's long-term incentive bonus plan and 2016 Equity Incentive Plan, which vested based on the Issuer's satisfaction of certain performance criteria. In light of the performance-based vesting criteria of the PSUs, such shares were not previously reportable under Section 16. Each PSU represents the contingent right to receive one share of Common Stock of the Issuer. Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations for the Reporting Person due upon the vesting of PSUs and certain Restricted Stock Units previously granted to the Reporting Person.
Key Figures
PSU vesting tranche 1: 17,218 shares
PSU vesting tranche 2: 5,653 shares
PSU vesting tranche 3: 1,249 shares
+4 more
7 metrics
PSU vesting tranche 1
17,218 shares
Common Stock received from PSUs vesting on April 1, 2026
PSU vesting tranche 2
5,653 shares
Additional Common Stock from PSUs vesting on April 1, 2026
PSU vesting tranche 3
1,249 shares
Common Stock from PSUs vesting on April 1, 2026
PSU vesting tranche 4
20,452 shares
Common Stock from PSUs vesting on April 1, 2026
Shares withheld for taxes
26,462 shares
Withheld at $244.77 per share for tax obligations
Tax withholding price
$244.77 per share
Price used for PSU and RSU tax withholding
Shares held after transactions
201,762 shares
Direct MongoDB Common Stock holding after April 1, 2026 entries
Key Terms
performance-based restricted stock units, PSUs, long-term incentive bonus plan, 2016 Equity Incentive Plan, +2 more
6 terms
performance-based restricted stock units financial
"Represents shares of Common Stock received upon the vesting of a portion of the performance-based restricted stock units ("PSUs")..."
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
PSUs financial
"Each PSU represents the contingent right to receive one share of Common Stock of the Issuer."
PSUs are company shares promised to employees or executives that only become actual stock if the business hits specific performance targets over a set period. For investors, PSUs matter because they link pay to measurable outcomes — similar to a conditional bonus that converts into ownership — which can influence management decisions, dilution of shares, and signals about confidence in future results.
long-term incentive bonus plan financial
"awarded to the Reporting Person on March 24, 2023 under the Issuer's long-term incentive bonus plan and 2016 Equity Incentive Plan..."
2016 Equity Incentive Plan financial
"under the Issuer's long-term incentive bonus plan and 2016 Equity Incentive Plan, which vested based on the Issuer's satisfaction..."
Restricted Stock Units financial
"vesting of PSUs and certain Restricted Stock Units previously granted to the Reporting Person."
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
"shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations for the Reporting Person..."