Cochran Hope F 4
4 · MongoDB, Inc. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
MongoDB (MDB) Director Hope Cochran Sells 1,000 Shares
What Happened
Hope F. Cochran, a director of MongoDB, sold 1,000 shares of MongoDB common stock on May 29, 2026. The shares were disposed at $350.00 each, for a total transaction value of $350,000. This was a sale (not a purchase), which is often routine for insiders and does not necessarily signal a change in view on the company.
Key Details
- Transaction date and price: 2026-05-29, 1,000 shares at $350.00 per share.
- Total proceeds: $350,000.
- Shares owned after transaction: Not disclosed in the information provided in this summary.
- Filing date / timeliness: Form 4 filed on 2026-06-02 (no late-filing code indicated in the provided details).
- Footnote: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person (per footnote F1).
Context
Sales executed under a Rule 10b5-1 trading plan are pre-arranged and can be scheduled to occur regardless of current insider views, so they are typically considered less informative about an insider’s real-time sentiment than discretionary purchases. For retail investors, purchases are generally more meaningful as potential positive signals; routine sales often reflect personal liquidity needs, tax planning, or pre-set diversification.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-05-29$350.00/sh−1,000$350,000→ 27,010 total
Footnotes (1)
- [F1]The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.