Form 4: MongoDB Director Sells Shares Under Pre-Arranged Trading Plan

Dwight A. Merriman, a Director and 10% Owner of MongoDB, Inc., sold 820 shares of Class A Common Stock for $210.84 per share on June 25, 2025, as part of a Rule 10b5-1 trading plan.

Summary

• Dwight A. Merriman, identified as a Director and 10% Owner of MongoDB, Inc. (MDB), reported a transaction.
• On June 25, 2025, Mr. Merriman disposed of 820 shares of MongoDB Class A Common Stock.
• The shares were sold at a price of $210.84 per share, totaling approximately $172,888.80.
• This transaction was executed pursuant to a pre-arranged Rule 10b5-1 trading plan.
• Following the reported transaction, Mr. Merriman directly beneficially owns 1,106,186 shares of Class A Common Stock.
• Additionally, Mr. Merriman indirectly beneficially owns 83,845 shares through the Dwight A. Merriman Charitable Foundation, over which he has voting and investment power but no pecuniary interest.
• He also indirectly beneficially owns 520,896 shares through The Dwight A. Merriman 2012 Trust, held for the benefit of his children.

Sentiment

Score: 5

Explanation: The filing reports a factual insider stock sale conducted under a pre-arranged Rule 10b5-1 trading plan, which is a routine disclosure and not indicative of new material positive or negative company performance.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Dwight A. Merriman Charitable Foundation holds 83,845 shares of Class A Common Stock, over which the Reporting Person has voting and investment power but no pecuniary interest.
• The Dwight A. Merriman 2012 Trust holds 520,896 shares of Class A Common Stock for the benefit of the Reporting Person's children.

Key Dates

Keywords

MongoDB, MDB, Insider Trading, Form 4, Beneficial Ownership, Stock Sale, Director, 10b5-1 Plan