Form 4: MongoDB Executive Thomas Bull Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
MongoDB's Chief Accounting Officer, Thomas Bull, sold 169 shares of Class A Common Stock on January 2, 2025, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On January 2, 2025, Thomas Bull, the Chief Accounting Officer of MongoDB, Inc., sold 169 shares of Class A Common Stock.
- The sale was executed at a price of $234.09 per share.
- The transaction was conducted to satisfy tax withholding obligations associated with the vesting and settlement of restricted stock units.
- Following the transaction, Bull directly owns 14,899 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction for tax purposes and doesn't necessarily indicate a positive or negative outlook on the company.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common among executives who receive stock-based compensation. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of the stock sale transaction. |
| 01/06/2025 | Date of signature by Attorney-in-Fact. |
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