MDB insider files Form 4 for 10,000 direct and 6,000 trust sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MongoDB (MDB) director reported open-market sales under a Rule 10b5-1 plan. On 10/14/2025, the reporting person sold 10,000 Class A shares at weighted average prices of $309.18, $310.03, $312.32, and $313.66. On 10/15/2025 and 10/16/2025, an additional 4,000 and 2,000 shares were sold indirectly by a trust at weighted average prices of $315.99 and $322.00.
Following these transactions, holdings were 1,069,316 shares direct, 508,896 shares indirect via The Dwight A. Merriman 2012 Trust, and 83,845 shares held by the Dwight A. Merriman Charitable Foundation, over which the reporting person has voting and investment power but no pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 16,000 shares ($5,024,193)
Net Sell
7 txns
Insider
MERRIMAN DWIGHT A
Role
Director
Sold
16,000 shs ($5.02M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,000 | $322.00 | $644K |
| Sale | Class A Common Stock | 4,000 | $315.99 | $1.26M |
| Sale | Class A Common Stock | 2,000 | $309.18 | $618K |
| Sale | Class A Common Stock | 500 | $310.03 | $155K |
| Sale | Class A Common Stock | 7,158 | $312.32 | $2.24M |
| Sale | Class A Common Stock | 342 | $313.66 | $107K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 508,896 shares (Indirect, By Trust);
Class A Common Stock — 1,077,316 shares (Direct)
Footnotes (1)
- The transaction was 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 $308.90 to $309.53, 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 $310.00 to $310.15, 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 $312.02 to $312.51, 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 $315.94 to $316.51, 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 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. Class A Common Stock held by the Dwight A. Merriman Charitable Foundation, but has no pecuniary interest in these shares.
FAQ
What insider transactions did MDB report on this Form 4?
A director reported selling 10,000 Class A shares on 10/14/2025 and, via a trust, 4,000 on 10/15/2025 and 2,000 on 10/16/2025.
Were the MDB insider sales under a Rule 10b5-1 plan?
Yes. The filing states the transactions were made pursuant to a Rule 10b5-1 trading plan.
What is the insider’s relationship to MongoDB (MDB)?
The reporting person is a Director.