MongoDB (NASDAQ: MDB) director trades 16,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MongoDB, Inc. director Dwight A. Merriman reported open-market sales of 16,000 shares of Common Stock on July 14 and 16, 2026, at weighted average prices between $316.28 and $334.00 per share, executed under a Rule 10b5-1 trading plan.
The sales involved both directly held shares and shares held indirectly by The Dwight A. Merriman 2012 Trust for the benefit of his children. Reported holdings include 980,473 shares directly, 464,061 through the trust, and 79,262 shares in a charitable foundation over which he has voting and investment power but no pecuniary interest.
Positive
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 16,000 shares ($5,180,467)
Net Sell
14 txns
Insider
MERRIMAN DWIGHT A
Role
Director
Sold
16,000 shs ($5.18M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 835 | $324.12 | $271K |
| Sale | Common Stock | 867 | $325.48 | $282K |
| Sale | Common Stock | 1,363 | $327.70 | $447K |
| Sale | Common Stock | 81 | $328.30 | $27K |
| Sale | Common Stock | 80 | $329.54 | $26K |
| Sale | Common Stock | 2,774 | $333.42 | $925K |
| Sale | Common Stock | 2,480 | $316.52 | $785K |
| Sale | Common Stock | 120 | $317.82 | $38K |
| Sale | Common Stock | 2,480 | $319.73 | $793K |
| Sale | Common Stock | 680 | $320.65 | $218K |
| Sale | Common Stock | 2,120 | $321.78 | $682K |
| Sale | Common Stock | 120 | $323.03 | $39K |
| Sale | Common Stock | 2,000 | $324.05 | $648K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 464,061 shares (Indirect, By Trust);
Common Stock — 980,473 shares (Direct)
Footnotes (1)
- The transactions were 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 $316.28 to $316.90, 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 $319.10 to $320.08, 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 $320.17 to $320.97, 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 $321.70 to $322.50, 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 $323.95 to $324.87, 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 price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $324.95 to $325.57, 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 $327.28 to $328.23, 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 $328.30 to $328.84, 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 $333.20 to $334.00, 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 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
Shares sold: 16,000 shares
Sale price range: $316.28–$334.00 per share
Direct holdings: 980,473 shares
+2 more
5 metrics
Shares sold
16,000 shares
Common Stock sold in open-market transactions on July 14 and 16, 2026
Sale price range
$316.28–$334.00 per share
Weighted average price ranges disclosed for the sale transactions
Direct holdings
980,473 shares
Common Stock reported as directly held following the July 14, 2026 transactions
Trust holdings
464,061 shares
Common Stock reported as held by The Dwight A. Merriman 2012 Trust
Charitable foundation holdings
79,262 shares
Common Stock held by the Dwight A. Merriman Charitable Foundation with no pecuniary interest
Key Terms
Rule 10b5-1 trading plan, weighted average price, pecuniary interest
3 terms
Rule 10b5-1 trading plan regulatory
"The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported is a weighted average price. The shares were sold in multiple transactions..."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
pecuniary interest regulatory
"but has no pecuniary interest in these shares."
FAQ
What insider activity did MongoDB (MDB) director Dwight A. Merriman report?
Dwight A. Merriman reported selling 16,000 shares of MongoDB Common Stock in open-market transactions. The trades occurred on July 14 and 16, 2026 and were executed under a Rule 10b5-1 trading plan he had previously adopted.