MongoDB (MDB) director Hope Cochran exercises options and sells 1,566 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Director Hope F. Cochran of MongoDB, Inc. exercised stock options to acquire 3,916 shares of common stock at $7.58 per share and sold 1,566 shares at $344.05 per share on the same day. These transactions were executed under a pre-arranged Rule 10b5-1 trading plan. After the transactions, Cochran directly held 25,444 shares of MongoDB common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,566 shares ($538,782)
Net Sell
3 txns
Insider
Cochran Hope F
Role
null
Sold
1,566 shs ($539K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 3,916 | $0.00 | -- |
| Sale | Common Stock | 1,566 | $344.05 | $539K |
| Exercise | Common Stock | 3,916 | $7.58 | $30K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct, null);
Common Stock — 25,444 shares (Direct, null)
Footnotes (1)
- The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. Immediately exercisable and fully vested.
Key Figures
Shares acquired via option exercise: 3,916 shares
Exercise price: $7.58 per share
Shares sold: 1,566 shares
+3 more
6 metrics
Shares acquired via option exercise
3,916 shares
Common Stock acquired through option exercise at $7.58 on June 17, 2026
Exercise price
$7.58 per share
Stock Option (Right to Buy) conversion price to Common Stock
Shares sold
1,566 shares
Common Stock open-market sale at $344.05 on June 17, 2026
Sale price
$344.05 per share
Open-market sale price for MongoDB common stock
Shares held after transactions
25,444 shares
Direct ownership of MongoDB common stock following transactions
Exercised option shares
3,916 shares
Stock Option (Right to Buy) fully exercised, zero remaining under this option
Key Terms
Rule 10b5-1 trading plan, Stock Option (Right to Buy), Exercise or conversion of derivative security, open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transactions did MongoDB (MDB) director Hope Cochran report?
Hope F. Cochran reported exercising options for 3,916 MongoDB shares at $7.58 and selling 1,566 shares at $344.05. The activity reflects an exercise-and-sell pattern while retaining a direct holding of 25,444 shares after the transactions.
Were Hope Cochran’s MongoDB (MDB) trades under a Rule 10b5-1 plan?
Yes. A footnote states the transactions were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. Such plans pre-schedule trades, indicating the timing was set in advance rather than decided opportunistically.
What derivative securities did Hope Cochran exercise for MongoDB (MDB)?
Cochran exercised a stock option for 3,916 underlying MongoDB common shares at a $7.58 exercise price. After this exercise, the filing shows zero remaining shares under that option, indicating the option position tied to those shares was fully used.