MongoDB director trades shares, receives RSU grant
MongoDB, Inc. director Dwight A. Merriman reported mixed equity activity in company stock.
Rhea-AI Filing Summary
MongoDB, Inc. director Dwight A. Merriman reported mixed equity activity in company stock. He sold 1,130 shares of common stock in an open-market transaction at $334.25 per share and received a grant of 767 restricted stock units under the non-employee director compensation policy.
The sale was executed pursuant to a Rule 10b5-1 trading plan previously adopted by Merriman. Following these direct transactions, he holds 984,083 shares of MongoDB common stock directly. Indirectly, 79,262 shares are held by the Dwight A. Merriman Charitable Foundation, over which he has voting and investment power but no pecuniary interest, and 464,896 shares are held by The Dwight A. Merriman 2012 Trust for his children.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 767 | $0.00 | $0.00 |
| Sale | Common Stock | 1,130 | $334.25 | $378K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. Represents restricted stock units issued to the Reporting Person pursuant to the annual equity grant under the Issuer's non-employee director compensation policy. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer and has no expiration date. The shares underlying the restricted stock unit award shall vest in full on the earlier of (i) the first anniversary of the grant date and (ii) the date of the Issuer's 2027 annual stockholders' meeting, subject to the Reporting Person providing continuous service to the Issuer through such date.
- F2. The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F3. These shares are held by The Dwight A. Merriman 2012 Trust for the benefit of the Reporting Person's children.
- F4. 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 regulatory
restricted stock units financial
non-employee director compensation policy financial
pecuniary interest financial
FAQ
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What insider transactions did Dwight A. Merriman report for MongoDB (MDB)?
What new restricted stock units did Dwight A. Merriman receive from MongoDB (MDB)?
What are Dwight A. Merriman’s direct MongoDB (MDB) holdings after these transactions?
How are Dwight A. Merriman’s indirect MongoDB (MDB) holdings structured?
AI-generated analysis. How Rhea-AI works. Not financial advice.