MongoDB CEO Chirantan Desai Receives RSU Award

What Happened
Chirantan Jitendra Desai, President & CEO and a director of MongoDB, was granted 34,832 restricted stock units (RSUs) on March 17, 2026. The RSUs were recorded at $0.00 per unit (no cash paid on grant). This is an equity award, not an open-market purchase or sale — the shares will only be issued if and when the RSUs vest.

Key Details

• Transaction date: 2026-03-17; filing date (Form 4): 2026-03-19 (filed within the typical 2-business-day window).
• Award: 34,832 RSUs @ $0.00 per unit (acquired = $0).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: Each RSU is a contingent right to one share; the award vests in equal quarterly installments over four years measured from April 1, 2026, subject to continued service (per footnote F1).
• Transaction code: A (award/grant).

Context
RSUs are a form of deferred compensation: they do not represent immediately tradable shares and carry value only if and when they vest and convert to stock. Because this is a grant, it does not signal a buy or sell decision by the insider; it reflects compensation or retention incentives from the company. No tax withholding or post-vesting disposition details were reported in this filing.