Monitor for additional Form 144 or Form 4 filings from Merriman and other insiders. Watch next earnings for any guidance revision that could explain the selling.
Price Chart
Executive Summary
Director Dwight A. Merriman filed a Form 144 notice to sell 1,000 shares of MongoDB common stock, with an estimated aggregate market value of approximately $376,835. The filing signals intent to sell, not a completed transaction, and follows a series of recent sales by Merriman and related entities totaling over $17 million in the past three months.
Key Facts
- Director Dwight A. Merriman filed Form 144 on October 9, 2026, to sell 1,000 shares of MongoDB common stock.
- Estimated aggregate market value of the proposed sale is $376,835.23.
- Merriman and related entities (DAM 2012 Trust LLC) have sold a total of 45,000 shares in 6 transactions since July 2026, with aggregate proceeds exceeding $17 million.
- The most recent prior sales occurred on October 8, 2026 (3,000 shares by DAM 2012 Trust LLC and 10,000 shares by Merriman directly).
- The shares proposed for sale were acquired on October 18, 2017, as Founders Shares from the issuer.
- MongoDB's outstanding shares are approximately 80.6 million.
Financial Impact
Proposed sale of 1,000 shares worth ~$377K; cumulative insider sales by Merriman entities exceed $17M over 3 months.
Risk Factors
- Continued insider selling by a director/co-founder may signal lack of confidence in near-term prospects.
- The proposed sale is small relative to total shares outstanding (~0.001%), limiting direct market impact.
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001957799-26-000182 |
| Document: 0001957799-26-000182-index.html | 0001957799-26-000182 |
| Document: 0001957799-26-000182.txt | 0001957799-26-000182 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | Institutional Cluster | $391.00 | awaiting T+5 | — | $389.84 (−0.30%) |
Oct 23, 2026 4d ago | Institutional Cluster | $371.09 | awaiting T+5 | — | $389.84 (+5.05%) |
Oct 15, 2026 12d ago | Insider Cluster | $337.57 $371.09 | ▲ +9.93% | ▲ +10.36% | $389.84 (+15.48%) |
Oct 15, 2026 12d ago | 8-K | $366.49 $362.24 | ▼ −1.16% | ▼ −0.15% | $389.84 (+6.37%) |
Oct 13, 2026 14d ago | 144 | $356.29 $390.75 | ▲ +9.67% | ▲ +9.22% | $389.84 (+9.42%) |
Oct 9, 2026 18d ago | 144 | $385.93 $337.57 | ▲ +12.53% | ▲ +10.56% | $389.84 (−1.01%) |
Oct 8, 2026 19d ago | 144 | $385.93 $337.57 | ▲ +12.53% | ▲ +10.56% | $389.84 (−1.01%) |
Oct 6, 2026 21d ago | 144 | $363.03 $356.29 | ▼ −1.86% | ▼ −0.88% | $389.84 (+7.39%) |
Sep 28, 2026 29d ago | 8-K | $334.68 $359.23 | ▲ +7.34% | ▲ +6.13% | $389.84 (+16.48%) |
Sep 1, 2026 8w ago | 8-K | $373.58 $373.87 | ▲ +0.08% | ▲ +1.04% | $389.84 (+4.35%) |
US Market Status
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