BERRY MICHAEL J 4
Research Summary
AI-generated summary
MongoDB CFO Michael J. Berry Gifts 10,913 Shares
What Happened
- Michael J. Berry, CFO of MongoDB (MDB), reported a gift transfer of 10,913 shares on July 8, 2026. The Form 4 shows matching disposition and acquisition entries for 10,913 shares at $0.00, i.e., no sale proceeds. Footnotes indicate the shares were donated to The Berry Family Trust, a revocable trust.
Key Details
- Transaction date: July 8, 2026; Form 4 filed July 10, 2026 (appears timely under the two-business-day rule).
- Transaction code: G (Gift). Reported price: $0.00; total proceeds: $0.
- Shares owned after transaction: Not specified in this filing.
- Footnotes: F1 = shares donated to The Berry Family Trust; F2 = the trust is a revocable family trust of which the reporting person is a trustee.
- No 10b5-1 plan, option exercise, or tax-withholding notation was reported.
Context
- Gifts (code G) are transfers for personal or estate-planning reasons and do not necessarily indicate the insider’s view of the company’s stock. The matching dispose/acquire lines reflect a transfer into the family trust rather than an open-market sale or purchase.