MERRIMAN DWIGHT A 4
4 · MongoDB, Inc. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
MongoDB (MDB) Director Dwight Merriman Sells Shares
What Happened
Director Dwight A. Merriman disposed of 16,000 shares of MongoDB (MDB) stock in open-market sales on June 12 and June 15, 2026, for aggregate proceeds of approximately $5,632,632. Transaction breakdown reported in the filing:
- 2026-06-12: 625 shares at $350.55 — $219,094
- 2026-06-12: 320 shares at $352.00 — $112,640
- 2026-06-12: 1,280 shares at $353.00 — $451,840
- 2026-06-12: 7,775 shares at $354.41 — $2,755,538
- 2026-06-15: 6,000 shares at $348.92 — $2,093,520
Key Details
- Transaction dates: June 12, 2026 (four sales) and June 15, 2026 (one sale). Filing date: June 16, 2026; Period of Report listed as June 12, 2026.
- Prices: Reported as weighted averages; the filing notes the shares were sold in multiple executions with price ranges for certain lots.
- Total shares sold: 16,000; total proceeds ≈ $5,632,632.
- Shares owned after the transactions: Not specified in the excerpt provided.
- Notable footnotes: Sales were made pursuant to a Rule 10b5-1 trading plan. Some shares are held in the Dwight A. Merriman 2012 Trust (for his children) and by the Dwight A. Merriman Charitable Foundation (he has voting and investment power but no pecuniary interest).
- Transaction type: S = Sale.
Context
Trades executed under a Rule 10b5-1 plan are typically pre-scheduled and are often considered routine rather than a real-time signal of the insider’s view of the stock. Sales from trusts or charitable foundations may reflect estate or philanthropic planning rather than personal trading decisions. For retail investors, insider purchases tend to be more informative of confidence than routine sales; this filing documents significant liquidity taken off the table by a director.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-06-12$350.55/sh−625$219,094→ 992,691 total - Sale
Common Stock
[F1][F3]2026-06-12$352.00/sh−320$112,640→ 992,371 total - Sale
Common Stock
[F1]2026-06-12$353.00/sh−1,280$451,840→ 991,091 total - Sale
Common Stock
[F1]2026-06-12$354.41/sh−7,775$2,755,538→ 983,316 total - Sale
Common Stock
[F1][F4][F5]2026-06-15$348.92/sh−6,000$2,093,520→ 464,896 total(indirect: By Trust)
- 79,262(indirect: By Foundation)
Common Stock
[F6]
Footnotes (6)
- [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 $350.01 to $350.85, 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]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $352.00 to $352.03, 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.
- [F4]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $348.45 to $348.98, 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]These shares are held by The Dwight A. Merriman 2012 Trust for the benefit of the Reporting Person's children.
- [F6]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.