MongoDB ($MDB) CFO Surrenders Shares to Cover RSU Tax Obligations
MongoDB, Inc.
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Filing Summary
# Insider Transaction Report: MongoDB, Inc. (MDB)
**Insider:** Michael J. Berry
**Title:** Chief Financial Officer
**Filing Date:** October 5, 2026
**Transaction Date:** October 1, 2026
### Transaction Summary
* **Type:** Tax Withholding (Code F)
* **Shares Transacted:** 2,086 shares
* **Price per Share:** $348.61
* **Total Transaction Value:** $727,200.46
* **Ownership After Transaction:** 64,739 shares (Direct), 12,413 shares (Indirect)
* **Significance:** Low (Routine disposition to satisfy tax obligations upon RSU vesting)
Comprehensive Analysis
MongoDB, Inc. (NASDAQ: MDB) Form 4 Filing Analysis
Executive Summary
On October 5, 2026, MongoDB, Inc. filed a Form 4 detailing an equity transaction by Chief Financial Officer Michael J. Berry. On October 1, 2026, 2,086 shares of Common Stock were disposed of at a price of $348.61 per share, totaling approximately $727,200.46.
Transaction Nature & Significance
- Transaction Code F: The shares were withheld by the issuer directly to cover tax withholding obligations triggered by the vesting of restricted stock units (RSUs).
- Non-Discretionary Disposition: This transaction was not an open-market sale or an active trading decision by the insider. Such dispositions are standard corporate compensation mechanisms and routinely occur upon vesting events.
- Significance Assessment: Low. Because this disposition is automatic and tax-driven rather than an expression of market sentiment, it provides negligible predictive signal regarding company performance or valuation.
Ownership Overview
Following the transaction, Michael J. Berry maintains substantial equity exposure to MongoDB:
- Direct Ownership: 64,739 shares
- Indirect Ownership: 12,413 shares held via The Berry Family Trust
- Combined Holdings: 77,152 shares of common stock
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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