Ittycheria Dev 4

What Happened

• Dev Ittycheria, a director of MongoDB (MDB), had 3,035 shares of common stock withheld to satisfy tax withholding obligations tied to the vesting of previously granted Restricted Stock Units (RSUs). The shares were recorded at $335.90 each, for a total of $1,019,456.
• This was a tax-withholding disposition (transaction code F), not an open-market sale or purchase.

Key Details

• Transaction date: July 1, 2026
• Price used for withholding: $335.90 per share
• Shares withheld/disposed: 3,035; aggregate value: $1,019,456
• Footnote: F1 — shares were withheld by the issuer to satisfy the reporting person’s tax obligations upon RSU vesting
• Shares owned after the transaction: not specified in the filing
• Filing date: July 6, 2026 (see SEC filing for timeliness status)

Context

• This is a routine tax-withholding event (cashless withholding) that happens when RSUs vest; it should not be read as a market sale indicating sentiment.
• Transaction code F indicates withholding for tax liability rather than a voluntary sale or purchase.