Form 4: Couchbase CFO Gregory N. Henry Sells Shares Under 10b5-1 Trading Plan

Gregory N. Henry, SVP & Chief Financial Officer of Couchbase, Inc., sold 3,853 shares of common stock at $15.14 per share on December 20, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On December 20, 2024, Gregory N. Henry, the SVP & Chief Financial Officer of Couchbase, Inc., sold 3,853 shares of common stock.
• The shares were sold at a price of $15.14 per share.
• The sale was executed under a Rule 10b5-1 trading plan adopted on October 3, 2023.
• Following the transaction, Henry directly owns 22,390 shares and indirectly owns 336,679 shares through The Henry Family Trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a routine stock sale under a pre-arranged trading plan. There is no indication of positive or negative implications for the company.

Industry Context

This filing is a routine disclosure of insider trading activity. It's common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders due to the increased supply of shares, but the effect is likely minimal given the relatively small number of shares sold and the existence of the 10b5-1 trading plan.

Key Dates