Form 4: MongoDB Interim CFO Sells Shares to Cover Tax Obligations After RSU Vesting
SEC Form 4 Filing
Interim CFO of MongoDB, Srdjan Tanjga, sold shares of Class A common stock to cover tax obligations following the vesting of performance-based restricted stock units (RSUs).
Summary
- On April 2, 2025, Srdjan Tanjga, the Interim CFO of MongoDB, sold shares of Class A common stock.
- The sales were executed to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs).
- Some of the RSUs were performance-based and vested based on the company's achievement of certain performance criteria.
- A total of 525 shares were sold at weighted average prices of $173.25 and $174.71.
- Following the transactions, Tanjga directly owns 6,406 shares of Class A common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the trading activities of company executives.
Key Dates
| Date | Description |
|---|---|
| 03/20/2024 | Date of RSU award to the Reporting Person under the Issuer's long-term incentive bonus plan and 2016 Equity Incentive Plan |
| 04/02/2025 | Date of the stock sale transactions. |
| 04/04/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, MongoDB, Insider Trading, Stock Sale, RSU, Srdjan Tanjga, Tax Obligations, Class A Common Stock
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