Form 4: MongoDB Director Archana Agrawal Sells 300 Shares
SEC Form 4 Filing
Director Archana Agrawal sold 300 shares of MongoDB, Inc. on June 28, 2024, at a price of $244.55 per share, according to a Form 4 filing with the SEC.
Summary
- On June 28, 2024, Archana Agrawal, a director of MongoDB, Inc., sold 300 shares of Class A Common Stock.
- The sale was executed at a price of $244.55 per share.
- Following the transaction, Agrawal directly owns 3,198 shares of MongoDB's Class A Common Stock.
- The transaction was conducted under a Rule 10b5-1 trading plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine stock sale by a company director under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Sales by company directors are a normal part of corporate governance. The sale was executed under a pre-arranged 10b5-1 trading plan, which is a common practice to avoid insider trading accusations.
Key Dates
| Date | Description |
|---|---|
| 06/28/2024 | Date of stock sale transaction |
| 07/02/2024 | Date of Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.