MERRIMAN DWIGHT A 4
Research Summary
AI-generated summary
MongoDB (MDB) Director Dwight A. Merriman Sells 1,190 Shares
What Happened Dwight A. Merriman, a director of MongoDB, sold 1,190 shares of MongoDB common stock in an open-market transaction on February 2, 2026. The shares were sold at $369.75 each for total proceeds of approximately $440,003. This was a sale (not a purchase or option exercise) and was executed under a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date and price: 2026-02-02 — 1,190 shares sold at $369.75 per share.
- Total value: ≈ $440,003.
- Shares owned after transaction: Not specified in this filing.
- Footnotes:
- F1 — Sale was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F2 — The Dwight A. Merriman Charitable Foundation holds shares for which Merriman is deemed to have voting and investment power but has no pecuniary interest.
- F3 — Some shares are held by The Dwight A. Merriman 2012 Trust for the benefit of his children.
- Filing timeliness: Report filed 2026-02-04 for a 2026-02-02 transaction — appears timely (Form 4 is generally due within two business days).
Context Because the sale was executed under a Rule 10b5-1 plan, it was a pre-arranged trade and is often viewed as routine rather than a direct expression of current sentiment about the company. The footnotes indicate certain holdings are held in a charitable foundation and a family trust, which reflect beneficial or voting relationships but do not necessarily indicate personal economic exposure.