MongoDB exec reports PSU vesting and tax withholding
MongoDB, Inc. President, Field Operations Cedric Pech reported compensation-related stock activity.
Rhea-AI Filing Summary
MongoDB, Inc. President, Field Operations Cedric Pech reported compensation-related stock activity. On April 1, 2026, he acquired 8,417, 2,660, and 10,794 shares of MongoDB common stock at no cost upon the vesting of performance-based restricted stock units granted in 2023, 2024, and 2025 under the company’s long-term incentive bonus plan and 2016 Equity Incentive Plan. In a separate entry the same day, 2,405 shares were withheld at $244.77 per share to cover tax obligations tied to these vestings and certain prior restricted stock units. After these transactions, Pech directly holds 76,053 MongoDB common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,417 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 2,660 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 10,794 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,405 | $244.77 | $589K |
Footnotes (4)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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
Key Terms
performance-based restricted stock units financial
PSUs financial
long-term incentive bonus plan financial
2016 Equity Incentive Plan financial
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Cedric Pech report for MongoDB (MDB)?
Were Cedric Pech’s MongoDB (MDB) Form 4 transactions open-market buys or sells?
What are performance-based restricted stock units (PSUs) in MongoDB’s compensation plans?
AI-generated analysis. How Rhea-AI works. Not financial advice.