Cochran Hope F 4

What Happened
Hope Cochran, a director of MongoDB (MDB), sold 1,000 shares in an open-market transaction on 2026-07-01 at $350.00 per share, totaling $350,000. She also received equity awards on 2026-06-30: 767 restricted stock units (RSUs) and 199 fully vested shares issued in lieu of cash compensation (total awarded = 966 shares).

Key Details

• Transaction dates and prices: 2026-06-30 — 767 RSUs @ $0.00 (award, F1); 199 vested shares @ $0.00 (stock in lieu of cash, F2). 2026-07-01 — sale of 1,000 shares @ $350.00 each (proceeds $350,000, S; F3 indicates sale pursuant to a Rule 10b5-1 trading plan).
• Shares owned after transaction: Not disclosed in this Form 4.
• Notable footnotes: F1 = annual RSU grant; vests in full either on the first anniversary of the grant or at the 2027 annual meeting, subject to continued service. F2 = shares issued fully vested in lieu of director cash fees, calculated using the 30-day VWAP. F3 = sale executed under a Rule 10b5-1 trading plan.
• Filing timeliness: Form 4 filed 2026-07-02 for transactions through 2026-06-30/07-01; no late filing indicated.

Context
RSUs are contingent rights to receive shares and vesting is subject to continued service; the 199 shares were already fully vested. The sale was made under a pre-established 10b5-1 plan, which is a common way insiders schedule sales in advance and can limit the informational value of the sale as an indicator of current sentiment. Purchases generally carry more weight for signaling than routine compensation or pre-planned sales.