Cochran Hope F 4

What Happened
Hope F. Cochran, a director of MongoDB, sold 1,566 shares in an open-market transaction on April 1, 2026 for $249.33 each (total $390,451). On the same day she exercised 3,917 options at $7.58 per share (total exercise cost $29,691); the filing also reports a related derivative disposition reported at $0. The sale was executed under a Rule 10b5-1 trading plan.

Key Details

• Transaction date: 2026-04-01 (Form 4 filed 2026-04-03). Filing appears timely.
• Sale: 1,566 shares @ $249.33 = $390,451 (open-market, reported as sale). Footnote: F1 — sale pursuant to a Rule 10b5-1 plan.
• Option exercise: 3,917 shares acquired @ $7.58 = $29,691. Footnote: F2 — options immediately exercisable and fully vested.
• The filing also lists a derivative disposition for 3,917 shares at $0 (reported as a separate derivative entry).
• Shares owned after the transactions: not specified in the excerpt — see the full Form 4 for beneficial ownership totals.

Context

• The director both exercised options (an acquisition of shares by paying the exercise price) and sold a portion of stock the same day. The sale was made under a prearranged 10b5-1 plan, which typically indicates a planned, rule-compliant disposition rather than an opportunistic trade.
• For retail investors: exercises show the director converted options into stock (incurring the exercise cost), while the open-market sale represents liquidity. Neither item alone is a definitive signal of sentiment; consider company fundamentals and other insider activity.