Form 4: MongoDB Director Ann Lewnes Acquires 76 Shares of Class A Common Stock

Director Ann Lewnes acquired 76 shares of MongoDB's Class A Common Stock on June 25, 2024, as part of the company's non-employee director compensation policy.

Summary

• On June 25, 2024, Ann Lewnes, a director of MongoDB, Inc., acquired 76 shares of Class A Common Stock.
• The acquisition was made pursuant to the Issuer's non-employee director compensation policy.
• These shares were acquired at a price of $0.
• Following the transaction, Lewnes directly owns 1,145 shares of Class A Common Stock.
• The acquired restricted stock units vest in equal annual installments over three years beginning on December 5, 2024, contingent upon continuous service to the Issuer.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices and aligns director interests with the company's performance.

Positives

• The acquisition reflects ongoing director compensation, aligning director interests with the company's long-term performance.

Future Outlook

The restricted stock units will vest in equal annual installments over three years beginning on December 5, 2024, subject to the reporting person providing continuous service to the Issuer.

Industry Context

This Form 4 filing is a routine disclosure related to director compensation, common in publicly traded companies. It provides transparency regarding the equity holdings of company insiders.

Stakeholder Impact

• The transaction has a minor positive impact on stakeholders by aligning the director's interests with those of the shareholders.

Key Dates