MongoDB (MDB) director Merriman sells 12,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
MongoDB director Dwight A. Merriman reported open-market sales totaling 12,000 shares of MongoDB, Inc. common stock. The sales occurred on March 13 and March 16, 2026, at prices ranging from about $258 to $263 per share.
On March 13, Merriman sold shares held directly, leaving 1,013,316 directly owned shares after the final transaction that day. On March 16, additional sales came from shares held indirectly by The Dwight A. Merriman 2012 Trust, which held 480,896 shares after the last reported sale.
The filing also lists 79,262 shares held indirectly through the Dwight A. Merriman Charitable Foundation, where Merriman is deemed to have voting and investment power but no pecuniary interest. All reported sales were made under a Rule 10b5-1 trading plan, indicating they were pre-arranged rather than discretionary market timing.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,690 | $260.89 | $963K |
| Sale | Common Stock | 40 | $261.95 | $10K |
| Sale | Common Stock | 270 | $262.99 | $71K |
| Sale | Common Stock | 1,768 | $258.45 | $457K |
| Sale | Common Stock | 1,665 | $259.99 | $433K |
| Sale | Common Stock | 3,967 | $260.34 | $1.03M |
| Sale | Common Stock | 600 | $261.73 | $157K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $258.09 to $258.91, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $259.15 to $260.12, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $260.29 to $261.23, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. These shares are held by The Dwight A. Merriman 2012 Trust for the benefit of the Reporting Person's children. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $262.97 to $263.84, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The Dwight A. Merriman Charitable Foundation is a Delaware nonstock nonprofit corporation. The Reporting Person is deemed to have voting and investment power over the shares of MongoDB, Inc. Common Stock held by the Dwight A. Merriman Charitable Foundation, but has no pecuniary interest in these shares.