The proposed sale is small and routine, but the pattern of repeated insider selling by a director/co-founder should be monitored. No immediate trading action is warranted, but watch for any acceleration of insider sales or subsequent Form 4 filings that could signal a change in sentiment.
Price Chart
Executive Summary
Director Dwight A. Merriman filed a Form 144 notice of intent to sell 1,130 shares of MongoDB common stock, valued at approximately $377,437. The proposed sale is small relative to the company's $27.2B market cap and continues a pattern of insider selling by Merriman and related entities over the past several months. While the filing itself is routine, the ongoing insider sales warrant monitoring for any shift in sentiment.
Key Facts
- Director Dwight A. Merriman filed Form 144 to sell 1,130 shares of MDB common stock.
- Estimated market value of the proposed sale is $377,437.72 based on the filing date.
- Merriman and related trust (DAM 2012 Trust LLC) have sold a total of 46,000 shares from April to June 2026, per the filing's recent sales history.
- The filing is an advance notice of intent to sell; the actual sale may not occur.
Financial Impact
Proposed sale of 1,130 shares valued at ~$377k, representing less than 0.001% of market cap.
Risk Factors
- Continued insider selling by a director could indicate perceived overvaluation or lack of confidence.
- Small sample of prior neutral reports on MDB have been followed by negative stock moves, though this filing is not directly comparable.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001957799-26-000117 |
| Document: 0001957799-26-000117-index.html | 0001957799-26-000117 |
| Document: 0001957799-26-000117.txt | 0001957799-26-000117 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 1, 2026 4w ago | 8-K | $373.58 $351.73 | ▼ −5.85% | ▼ −5.70% | $358.00 (−4.17%) |
Aug 17, 2026 6w ago | 144 | $438.70 $377.67 | ▼ −13.91% | ▼ −11.93% | $358.00 (−18.40%) |
Aug 14, 2026 6w ago | 144 | $460.33 $382.29 | ▼ −16.95% | ▼ −14.96% | $358.00 (−22.23%) |
Aug 4, 2026 8w ago | Press Release | $380.04 $432.95 | ▲ +13.92% | ▲ +15.16% | $358.00 (−5.80%) |
Jul 16, 2026 11w ago | 144 | $328.60 $472.29 | ▼ −43.73% | ▼ −40.11% | $358.00 (−8.95%) |
Jul 14, 2026 11w ago | 144 | $344.67 $439.16 | ▲ +27.41% | ▲ +24.92% | $358.00 (+3.87%) |
Jul 2, 2026 13w ago | Insider Cluster | $354.88 $325.88 | ▼ −8.17% | ▼ −7.76% | $358.00 (+0.88%) |
Jul 2, 2026 13w ago | Insider Cluster | $354.88 $325.88 | ▼ −8.17% | ▼ −7.76% | $358.00 (+0.88%) |
Jun 30, 2026 13w ago | 144 | $335.90 $309.71 | ▼ −7.80% | ▼ −6.77% | $358.00 (+6.58%) |
Jun 17, 2026 15w ago | Insider Cluster | $332.75 $328.60 | ▼ −1.25% | ▼ −1.78% | $358.00 (+7.59%) |
US Market Status
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