MERRIMAN DWIGHT A 4
4 · MongoDB, Inc. · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
MongoDB (MDB) Director Dwight Merriman Sells 17,200 Shares
What Happened
- Dwight A. Merriman, a director of MongoDB, sold a total of 17,200 shares in a series of open‑market transactions between Feb 12 and Feb 17, 2026, generating approximately $6.18 million in proceeds.
- Transactions reported (shares @ price = proceeds): Feb 12 — 4,168 @ $364.64 = $1,519,820; 195 @ $365.94 = $71,358; 1,000 @ $367.08 = $367,080; 637 @ $368.00 = $234,416. Feb 13 — 5,000 @ $353.35 = $1,766,750; 768 @ $355.36 = $272,916; 2,142 @ $356.58 = $763,794; 2,090 @ $358.06 = $748,345. Feb 17 — 1,200 @ $364.00 = $436,800.
- These are sales (not purchases or option exercises) and, per the filing, many of the trades were executed under a pre‑arranged Rule 10b5‑1 trading plan.
Key Details
- Transaction dates: Feb 12, Feb 13 and Feb 17, 2026. Prices clustered in the mid‑$350s to high‑$360s; several entries report weighted average prices with narrower subranges (see filing footnotes).
- Total shares sold: 17,200; total proceeds: ≈ $6.18 million.
- Post‑transaction holdings: not included in the summary data provided here—see the filed Form 4 for Merriman’s beneficial ownership after these sales.
- Notable footnotes: F1 states transactions were pursuant to a Rule 10b5‑1 plan. Other footnotes note weighted‑average pricing details, that some shares are held in the Dwight A. Merriman 2012 Trust (for his children), and that Merriman is deemed to have voting/investment power over shares held by the Dwight A. Merriman Charitable Foundation but has no pecuniary interest.
- Filing timeliness: Form filed Feb 17, 2026; based on the trade dates and filing date this appears to be timely.
Context
- Sales executed under a 10b5‑1 plan are typically pre‑scheduled and do not necessarily reflect an insider’s current view of the company; they are commonly used for routine diversification or liquidity.
- For retail investors, purchases generally carry more direct informational value than routine sales; these filings are factual disclosures and do not by themselves indicate company prospects or insider confidence.
Insider Transaction Report
Form 4
MERRIMAN DWIGHT A
Director
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-02-12$364.64/sh−4,168$1,519,820→ 486,728 total(indirect: By Trust) - Sale
Common Stock
[F1][F4][F3]2026-02-12$365.94/sh−195$71,358→ 486,533 total(indirect: By Trust) - Sale
Common Stock
[F1][F5][F3]2026-02-12$367.08/sh−1,000$367,080→ 485,533 total(indirect: By Trust) - Sale
Common Stock
[F1][F3]2026-02-12$368.00/sh−637$234,416→ 484,896 total(indirect: By Trust) - Sale
Common Stock
[F1]2026-02-13$353.35/sh−5,000$1,766,750→ 1,026,316 total - Sale
Common Stock
[F1][F6]2026-02-13$355.36/sh−768$272,916→ 1,025,548 total - Sale
Common Stock
[F1][F7]2026-02-13$356.58/sh−2,142$763,794→ 1,023,406 total - Sale
Common Stock
[F1][F8]2026-02-13$358.06/sh−2,090$748,345→ 1,021,316 total - Sale
Common Stock
[F1][F9]2026-02-17$364.00/sh−1,200$436,800→ 79,262 total(indirect: By Foundation)
Footnotes (9)
- [F1]The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- [F2]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $364.50 to $365.01, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F3]These shares are held by The Dwight A. Merriman 2012 Trust for the benefit of the Reporting Person's children.
- [F4]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $365.77 to $366.00, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F5]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $367.00 to $367.16, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F6]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $355.11 to $356.00, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F7]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $356.21 to $357.14, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F8]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $357.88 to $358.31, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F9]The Dwight A. Merriman Charitable Foundation is a Delaware nonstock nonprofit corporation. The Reporting Person is deemed to have voting and investment power over the shares of MongoDB, Inc. Common Stock held by the Dwight A. Merriman Charitable Foundation, but has no pecuniary interest in these shares.
Signature
/s/ Gahee Lee, Attorney-in-Fact|2026-02-17