Form 4: MongoDB COO and CFO Michael Lawrence Gordon Sells Shares to Cover Tax Obligations

Michael Lawrence Gordon, COO and CFO of MongoDB, Inc., sold 1,245 shares of Class A common stock on January 2, 2025, to cover tax withholding obligations.

Summary

• On January 2, 2025, Michael Lawrence Gordon, the COO and CFO of MongoDB, Inc., sold 1,245 shares of Class A common stock.
• The sale was executed at a price of $234.09 per share.
• The transaction was conducted to satisfy the reporting person's tax withholding obligations related to the vesting and settlement of restricted stock units.
• Following the transaction, Gordon directly owns 79,062 shares of Class A Common Stock.
• Gordon also indirectly owns 1,000 shares each through his spouse and three children.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a stock sale for tax purposes, which is a neutral event.

Industry Context

Sales of shares by company executives are a common occurrence, often related to compensation and tax planning. The sale itself is unlikely to have a significant impact on the company's overall performance or stock valuation.

Stakeholder Impact

• The sale of shares by an executive could have a minor psychological impact on shareholders, but the amount is small.

Key Dates