Insider Form 4: MongoDB (MDB) director reports trust stock sales
Rhea-AI Filing Summary
MongoDB, Inc. (MDB) director and trust holder reported planned insider sales of company stock. On 11/12/2025, a trust for the benefit of the reporting person’s children sold 4,640 MongoDB common shares at a weighted average price of $372.22, and another 1,360 shares at a weighted average price of $373.28, under a pre-arranged Rule 10b5-1 trading plan. Following these transactions, the trust held 502,896 MongoDB shares indirectly for the family. The reporting person also held 1,065,316 shares directly and was deemed to have voting and investment power over an additional 83,845 shares held by the Dwight A. Merriman Charitable Foundation, though with no pecuniary interest in those foundation shares.
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FAQ
What insider transaction did MongoDB (MDB) disclose in this Form 4?
The filing reports that a director-related trust sold 4,640 MongoDB common shares at a weighted average of $372.22 and 1,360 shares at a weighted average of $373.28 on 11/12/2025.
Were the MongoDB (MDB) insider sales made under a Rule 10b5-1 plan?
Yes. The filing states that the transactions were executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person.
How many MongoDB (MDB) shares does the reporting person’s trust hold after the sales?
After the reported transactions, The Dwight A. Merriman 2012 Trust, for the benefit of the reporting person’s children, held 502,896 MongoDB common shares indirectly.
What are the reporting person’s direct MongoDB (MDB) holdings?
The filing shows the reporting person directly held 1,065,316 shares of MongoDB common stock.
What is the role of the Dwight A. Merriman Charitable Foundation in MongoDB (MDB) shares?
The Dwight A. Merriman Charitable Foundation held 83,845 MongoDB shares. The reporting person is deemed to have voting and investment power over these shares but has no pecuniary interest in them.
What do the weighted average prices in the MongoDB (MDB) Form 4 mean?
The filing notes that each reported price is a weighted average, with individual trades executed in price ranges of $372.00–$372.92 and $373.21–$373.54, and detailed trade data is available on request.