MERRIMAN DWIGHT A 4
4 · MongoDB, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
MongoDB (MDB) Director Dwight A. Merriman Sells Shares
What Happened
- Dwight A. Merriman, a director of MongoDB, sold a total of 12,000 shares in multiple open-market/private transactions on March 13 and March 16, 2026, producing aggregate proceeds of approximately $3,123,799.
- Individual transactions included sales of 1,768 shares @ $258.45 ($456,940), 1,665 shares @ $259.99 ($432,883), 3,967 shares @ $260.34 ($1,032,769), 600 shares @ $261.73 ($157,038), 3,690 shares @ $260.89 ($962,684), 40 shares @ $261.95 ($10,478) and 270 shares @ $262.99 ($71,007).
- These were dispositions (sales), which are generally routine liquidity events rather than an explicit bullish signal.
Key Details
- Transaction dates: March 13, 2026 and March 16, 2026; Form 4 filed March 17, 2026 (no late filing flag noted).
- Total shares sold: 12,000; total proceeds: ~$3.12 million.
- Reported prices are weighted averages; the filing discloses sale price ranges across the trades (approx. $258.09–$263.84 depending on the lot).
- The sales were made pursuant to a pre-established Rule 10b5-1 trading plan (per filing).
- Some shares sold were held in The Dwight A. Merriman 2012 Trust (for his children); Merriman is also deemed to have voting/investment power over shares held by the Dwight A. Merriman Charitable Foundation but has no pecuniary interest.
Context
- 10b5-1 plans are pre-arranged trading programs that allow insiders to sell shares at predetermined times or formulas; trades under such plans are commonly viewed as pre-planned liquidity rather than opportunistic reactions to inside information.
- Sales reduce the insider’s holdings (ownership after the transactions was not stated in the excerpt provided). For retail investors, purchases usually carry more weight as a signal of confidence; routine sales like these are often for diversification, tax, or personal-liquidity reasons and should be interpreted cautiously.
Insider Transaction Report
Form 4
MERRIMAN DWIGHT A
Director
Transactions
- Sale
Common Stock
[F1][F2]2026-03-13$258.45/sh−1,768$456,940→ 1,019,548 total - Sale
Common Stock
[F1][F3]2026-03-13$259.99/sh−1,665$432,883→ 1,017,883 total - Sale
Common Stock
[F1][F4]2026-03-13$260.34/sh−3,967$1,032,769→ 1,013,916 total - Sale
Common Stock
[F1]2026-03-13$261.73/sh−600$157,038→ 1,013,316 total - Sale
Common Stock
[F1][F5]2026-03-16$260.89/sh−3,690$962,684→ 481,206 total(indirect: By Trust) - Sale
Common Stock
[F1][F5]2026-03-16$261.95/sh−40$10,478→ 481,166 total(indirect: By Trust) - Sale
Common Stock
[F1][F6][F5]2026-03-16$262.99/sh−270$71,007→ 480,896 total(indirect: By Trust)
Holdings
- 79,262(indirect: By Foundation)
Common Stock
[F7]
Footnotes (7)
- [F1]The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- [F2]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.
- [F3]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.
- [F4]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.
- [F5]These shares are held by The Dwight A. Merriman 2012 Trust for the benefit of the Reporting Person's children.
- [F6]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.
- [F7]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.
Signature
/s/ Paul Johnston, Attorney-in-Fact|2026-03-17