Killalea Peter Thomas 4

What Happened Peter Killalea, a director of MongoDB, exercised stock options on 2025-11-25. The filing shows 30,000 shares were acquired at $6.50 per share for a total cash cost of $195,000. The report also shows a second line for 30,000 shares reported as disposed at $0 (listed as a derivative conversion/disposition).

Key Details

• Transaction date: 2025-11-25 (Period of Report); Form 4 filed 2026-02-06 (late filing; see remarks).
• Acquired: 30,000 shares at $6.50 each = $195,000 (Exercise/Conversion of derivative, code M).
• Disposed: 30,000 shares at $0 (reported as derivative disposition/conversion).
• Footnotes: F1–F4 state the shares are held by four trusts (UAISLE, CEANSA, BREOGA, AOGALL Trusts dated 11/15/2021) for the benefit of the reporting person’s children; F5 notes the options were immediately exercisable and fully vested.
• Shares owned after the transaction: not specified in the provided Form 4 data.
• Filing timeliness: marked late; the filer cites an inadvertent administrative error.

Context This was an option exercise (derivative transaction). The filing records both the shares acquired via exercise and a simultaneous 30,000-share disposition recorded at $0; the Form indicates these shares are associated with trusts for the reporting person’s children. The filing does not show an open-market sale of newly acquired shares. The late filing is administrative and does not, by itself, indicate the insider’s intent or market view.