Form 4: MongoDB Executive Sells Shares for Tax Obligations
Insider Transaction Disclosure
MongoDB's President of Field Operations, Cedric Pech, disposed of 347 shares of Class A Common Stock to cover tax obligations related to RSU vesting.
Summary
- Cedric Pech, President, Field Operations at MongoDB, Inc. (MDB), reported a transaction on October 1, 2025.
- The transaction involved the disposition of 347 shares of Class A Common Stock.
- The shares were disposed of at a price of $310.38 per share.
- This disposition was made to satisfy tax withholding obligations due upon the vesting of previously granted Restricted Stock Units (RSUs).
- Following this transaction, Cedric Pech beneficially owns 56,933 shares of Class A Common Stock directly.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary insider transaction for tax withholding purposes, which is neutral in sentiment.
Future Outlook
NA
Industry Context
This is a routine insider transaction for tax withholding purposes, common across all industries for executives receiving equity compensation like Restricted Stock Units (RSUs). It does not reflect a discretionary sale based on market outlook or company performance.
Stakeholder Impact
- Shareholders: This is a routine, non-discretionary transaction for tax purposes and is unlikely to have a significant impact on shareholder sentiment or the company's stock price.
Key Dates
| Date | Description |
|---|---|
| 10/01/2025 | Date of transaction (disposition of shares) |
| 10/03/2025 | Date the Form 4 was signed by Attorney-in-Fact |
Keywords
MongoDB, MDB, SEC Form 4, Insider Transaction, Stock Sale, RSU, Tax Withholding, Cedric Pech
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