MongoDB (NASDAQ: MDB) CEO receives 34,832-share RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Desai Chirantan Jitendra reported acquisition or exercise transactions in this Form 4 filing.
MongoDB, Inc. reported that President & CEO Chirantan Jitendra Desai received an equity grant of 34,832 shares of Common Stock in the form of restricted stock units. The award was granted at no cash cost to him and is compensation-related rather than a market purchase.
According to the terms, the RSUs will vest in equal quarterly installments over four years starting from April 1, 2026, and require his continued service with the company. Following this grant, Desai holds 78,928 shares of MongoDB common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Desai Chirantan Jitendra
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 34,832 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 78,928 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did MongoDB (MDB) report for its CEO?
MongoDB reported that President & CEO Chirantan Jitendra Desai received a grant of 34,832 restricted stock units. These RSUs are part of his equity compensation and were awarded at no cash cost, increasing his direct holdings to 78,928 common shares after the transaction.
What are the vesting terms of the MongoDB (MDB) CEO’s new RSU award?
The 34,832 RSUs awarded to MongoDB’s CEO vest in equal quarterly installments over four years. Vesting is measured from April 1, 2026 and depends on his continued service with the company throughout the vesting period, aligning the award with long-term commitment.