Desai Chirantan Jitendra 4

What Happened
Chirantan J. Desai, President & CEO and a director of MongoDB (MDB), had 3,913 shares of common stock withheld by the company to satisfy tax withholding obligations upon the vesting of previously granted restricted stock units (RSUs). The withholding was recorded as a disposition of 3,913 shares at $335.90 per share, for a total value of $1,314,377 on July 1, 2026. This was an administrative tax-withholding event (Form 4 transaction code F), not an open-market sell.

Key Details

• Transaction date and price: July 1, 2026 — 3,913 shares withheld at $335.90/share.
• Total value of shares withheld: $1,314,377.
• Footnote: F1 — "Represents shares of common stock withheld by the Issuer to satisfy tax withholding obligations for the Reporting Person due upon the vesting of Restricted Stock Units previously granted to the Reporting Person."
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing date: July 6, 2026. This appears to be several days after the July 1 transaction and may be later than the SEC’s typical two-business-day filing expectation for insiders.

Context
Tax withholding on vested RSUs is a routine, administrative disposition where the company retains shares to cover the insider’s tax bill (often called a cashless or share-withholding settlement). Such transactions generally do not indicate a deliberate market sell decision by the insider and are different from voluntary open-market sales or purchases.