MongoDB director exercises options, sells 1,566 shares
MongoDB, Inc. director Hope F. Cochran exercised stock options and sold a portion of the resulting shares.
Rhea-AI Filing Summary
MongoDB, Inc. director Hope F. Cochran exercised stock options and sold a portion of the resulting shares. Cochran exercised options to acquire 3,917 shares of common stock at $7.58 per share, then sold 1,566 shares of common stock at an average price of $249.33 per share. The filing states that the sale was made under a pre-arranged Rule 10b5-1 trading plan adopted by Cochran. Following these transactions, Cochran directly owns 28,010 shares of MongoDB common stock, indicating that most of the exercised shares were retained.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 3,917 | $0.00 | $0.00 |
| Sale | Common Stock | 1,566 | $249.33 | $390K |
| Exercise | Common Stock | 3,917 | $7.58 | $30K |
Footnotes (2)
- F1. The transaction was pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F2. Immediately exercisable and fully vested.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
Stock Option (Right to Buy) financial
derivative security financial
open-market sale financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Hope F. Cochran report for MongoDB (MDB)?
What stock options did Hope F. Cochran exercise in this MongoDB (MDB) filing?
What is the significance of the $7.58 exercise price in the MongoDB (MDB) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.