Cochran Hope F 4

What Happened

• Hope F. Cochran, a MongoDB (MDB) director, exercised stock options on 2026-06-17 to acquire 3,916 shares at $7.58 each (total exercise cost $29,683) and simultaneously shows a disposition of those 3,916 shares at $0 on the Form 4. On the same day Cochran sold 1,566 shares in an open-market or private sale at $344.05 per share, generating $538,782 in proceeds. The sale was reported as executed under a Rule 10b5-1 trading plan.

Key Details

• Transaction date: 2026-06-17; Form 4 filed: 2026-06-22 (filed five days after the trade date).
• Open-market sale: 1,566 shares @ $344.05 = $538,782.
• Option exercise: 3,916 shares acquired @ $7.58 = $29,683.
• Disposition: 3,916 shares reported as disposed @ $0 (Form does not specify reason).
• Footnotes: F1 — sale pursuant to a Rule 10b5-1 plan; F2 — options were immediately exercisable and fully vested.
• Shares owned after transaction: not provided in the supplied filing details.

Context

• The filing shows an option exercise plus a simultaneous disposition of the exercised shares; Form 4 does not state whether the zero-dollar disposition reflects share surrender for taxes, net share settlement, transfer, or another administrative step.
• The open-market sale was made under a 10b5-1 plan, which typically indicates a pre-scheduled, non-discretionary sale rather than an opportunistic trade.