Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MDB | Class A Common Stock | Sale | -$840K | -2K | -0.37% | $420.00 | 537K | Aug 1, 2023 | By Trust | F1, F2 |
holding | MDB | Class A Common Stock | 1.21M | Aug 1, 2023 | Direct | ||||||
holding | MDB | Class A Common Stock | 95K | Aug 1, 2023 | Dwight A. Merriman Charitable Foundation | F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | The transaction was pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. |
F2 | These shares are held by The Dwight A. Merriman 2012 Trust for the benefit of the Reporting Person's children. |
F3 | 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. Class A Common Stock held by the Dwight A. Merriman Charitable Foundation, but has no pecuniary interest in these shares. |