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MongoDB CFO Updates Ownership Structure: 11.5k Shares Moved to Trust

Low SignificanceMarch 19, 2026 at 5:46:47 PM EDT

MongoDB, Inc.

$MDB3/ACIK: 0001441816

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Filing Summary

MongoDB CFO Updates Ownership Structure: 11.5k Shares Moved to Trust

Company: MongoDB, Inc. (MDB) Form: 3/A | Filed: 2026-03-19 Significance: Low

Insider: BERRY MICHAEL J Title: Chief Financial Officer | Relationship: Officer

Transaction: • Type: Holding Update (Correction) • Shares: 0 (Correction of nature) • Owned After: 11,500 • Nature: Indirect (By Trust)

Key Insight: Administrative amendment correcting the nature of ownership from Direct to Indirect (Berry Family Trust). No shares were bought or sold.

Market Context: MDB has a market cap of $20.94B. This filing represents 0.014% of shares outstanding.

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Comprehensive Analysis

SEC Filing Analysis: MongoDB, Inc. (MDB)

Executive Summary

  • Trading Significance: Low
  • Key Takeaway: CFO Michael Berry filed an amendment to correct the ownership nature of 11,500 shares, moving them to a family trust.
  • Market Impact: Neutral - This is an administrative correction with no change in total beneficial ownership.

Company Information

FieldValue
CompanyMongoDB, Inc.
Ticker SymbolMDB
CIK0001441816
IndustryServices-Prepackaged Software

Insider Information

FieldValue
NameBERRY MICHAEL J
CIK0001269088
Title/PositionChief Financial Officer
RelationshipOfficer

Transaction Details

FieldValue
Form Type3/A (Amendment)
Transaction Date2026-03-19
Transaction CodeNone (Holding Report)
Security TypeCommon Stock
Shares Involved0 (Nature Correction)
Price Per ShareN/A
Total ValueN/A
Shares Owned After11,500
Ownership TypeIndirect (By Trust)

Financial Impact Assessment

Transaction Materiality

MetricValue
Transaction Value$0 (Correction only)
% of Market Cap0%
Shares Transacted0
% of Shares Outstanding0%
Post-Transaction Ownership11,500 shares (0.014% of outstanding)
Materiality AssessmentLow

Impact Evaluation

  • Market Cap Context: With a market cap of $20.94 billion, the insider's total holding (valued at approximately $2.96 million based on implied share price) represents a minor stake.
  • Ownership Concentration: The CFO holds approximately 0.014% of the 81.39 million shares outstanding.
  • Transaction Significance: This filing is purely administrative. The footnote clarifies that shares previously listed as "Direct" are actually held by "The Berry Family Trust."

Market Impact Analysis

Stock Impact Prediction

  • Direction: Neutral
  • Reasoning: No shares were bought or sold. The total beneficial ownership remains unchanged; only the legal title (Direct vs. Trust) was updated.

Volume & Sentiment

  • Expected Volume Impact: None.
  • Sentiment Indicator: Neutral.

Additional Context

Transaction Notes

  • Special Circumstances: This is a Form 3/A (Amendment) to an original Form 3 filed on 2025-05-29.
  • Footnote Analysis: The filing explicitly states: "This Amendment is being filed to correct the nature of beneficial ownership... due to an administrative error."
Topics:#MDB#SECFiling#InsiderTrading#Form3#CFO#CorporateGovernance#StockMarket#FinancialEducation

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