MongoDB CFO Michael J. Berry Transfers 3,292 Shares to Family Trust
MongoDB, Inc.
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Filing Summary
📋 MongoDB, Inc. ($MDB) Form 4 Filing Insider: Michael J. Berry (Chief Financial Officer) Transaction Date: 2026-10-07 Details: Transferred 3,292 shares of Common Stock to The Berry Family Trust (Rule 16a-13 exempt transfer). Price: $0.00 | Total Value: $0.00 Holdings After Transaction: 61,447 direct shares, 15,705 indirect shares (Trust) Significance: Low (Estate planning / internal transfer)
Comprehensive Analysis
Executive Summary
On October 9, 2026, MongoDB, Inc. ($MDB) Chief Financial Officer Michael J. Berry submitted a Form 4 filing detailing an internal estate planning transfer. On October 7, 2026, Mr. Berry transferred 3,292 shares of MongoDB Common Stock from direct ownership to The Berry Family Trust, a revocable trust for which he serves as both trustee and beneficiary.
Key Transaction Highlights
- Nature of Transaction: Non-market transfer (Transaction Code 'J') exempt under Rule 16a-13.
- Shares Moved: 3,292 shares at $0.00 per share.
- Direct Ownership: Decreased by 3,292 shares to 61,447 shares.
- Indirect Ownership: Increased by 3,292 shares to 15,705 shares held via The Berry Family Trust.
- Net Change in Beneficial Ownership: Zero change in total shares beneficially owned (combined total remains 77,152 shares).
Market Impact & Significance
This transaction carries Low significance for investors. It does not represent an open-market sale or purchase, nor does it reflect a change in the executive's overall economic exposure to MongoDB stock. The filing reflects routine estate planning.
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