MDB.NASDAQMongodb, INC

Form 4: MongoDB Executive Thomas Bull Sells 138 Shares to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


Chief Accounting Officer of MongoDB, Thomas Bull, sold 138 shares of Class A common stock on July 2, 2024, to cover tax withholding obligations related to vesting restricted stock units.

Summary

  • On July 2, 2024, Thomas Bull, the Chief Accounting Officer of MongoDB, sold 138 shares of Class A common stock.
  • The sale was executed at a price of $265.29 per share.
  • This transaction was to satisfy tax withholding obligations related to the vesting of restricted stock units.
  • Following the transaction, Bull directly owns 17,222 shares of MongoDB's Class A common stock.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (stock sale for tax obligations) and has no inherent positive or negative implications for the company's overall outlook.

Industry Context

Sales of shares by company executives are a normal part of executive compensation and wealth management. It is common for executives to sell shares to cover tax obligations when restricted stock units vest.

Key Dates

DateDescription
07/02/2024Date of the stock sale transaction.
07/05/2024Date of signature by Attorney-in-Fact.

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