MongoDB, Inc.·4

Jun 2, 4:51 PM ET

Cochran Hope F 4

Research Summary

AI-generated summary

Updated

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.