BERRY MICHAEL J 4

What Happened

• Michael J. Berry, CFO of MongoDB, sold a total of 5,000 shares in open-market disposals on June 16, 2026, generating aggregate proceeds of approximately $1,755,536. The sales were executed in multiple lots at reported weighted-average prices ranging roughly from $345.42 to $363.87 per share (overall range roughly $345–$364).
• These were sales (dispositions), not purchases or option exercises — typically routine liquidity or diversification activity rather than a direct bullish signal.

Key Details

• Transaction date: June 16, 2026; Form 4 filed: June 18, 2026 (filed within the normal 2-business-day window).
• Total shares sold: 5,000; Total proceeds: ~$1.76 million.
• Per-lot weighted-average prices reported (examples): 198 @ $345.42; 309 @ $346.19; 1,142 @ $350.62; 899 @ $349.59; several other lots up to 3 @ $363.87.
• Notable footnotes: Sales were made pursuant to a Rule 10b5-1 trading plan (F1). Several entries use weighted-average prices with disclosed intra-range trade prices (F2–F19); the filer offers to provide per-price breakdowns on request.
• Shares owned after the transaction: not specified in the summary data provided (check the full Form 4 for "Amount Owned Following Transaction" if needed).

Context

• The trades were executed under a pre-established 10b5-1 plan, which often means the sales were scheduled in advance and not based on recent confidential information.
• For retail investors, routine insider sales are common; purchases are generally more informative about an insider's bullish conviction. These sales should be considered alongside other insider activity and company fundamentals.