MongoDB (MDB) CFO updates Form 3 to show 11,500 shares in trust
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
MongoDB, Inc. filed an amended Form 3 to correct how Chief Financial Officer Michael J. Berry’s existing holdings are reported. The amendment clarifies that 11,500 shares of Common Stock are held indirectly by The Berry Family Trust, a revocable trust for which he serves as trustee.
This change addresses an administrative error that had previously listed the shares as directly held. The amendment does not report any new purchase, sale, or other transaction, but simply updates the nature of beneficial ownership to reflect the trust structure.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BERRY MICHAEL J
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 11,500 shares (Indirect, By Trust)
Footnotes (1)
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FAQ
What does the MongoDB (MDB) Form 3/A filing for Michael J. Berry change?
The Form 3/A updates how 11,500 MongoDB shares are classified. It corrects an administrative error, clarifying these shares are indirectly held through The Berry Family Trust rather than directly owned by CFO Michael J. Berry.
Why did MongoDB file an amended Form 3 for its CFO Michael J. Berry?
The amendment was filed to fix an administrative error in the original Form 3. It corrects the nature of beneficial ownership, showing 11,500 shares are held by The Berry Family Trust rather than directly by Michael J. Berry.