MongoDB, Inc. director Dwight A. Merriman filed a Form 144 on November 2, 2026, notifying the SEC of a proposed sale of 19,275 shares of MongoDB common stock on NASDAQ:MDB, with an aggregate market value of approximately $6,701,335.07 across three tranches.

Key Highlights

  • Total proposed shares: 19,275 shares of MongoDB common stock proposed for sale, split across three separate tranches of 10,000, 3,000, and 6,275 shares.
  • Aggregate market values: The three tranches carry aggregate market values of $3,487,942.67, $1,050,505.91, and $2,162,887.49, respectively, according to the filing.
  • Multiple selling entities: The 10,000-share tranche is attributed to Dwight A. Merriman personally; the 3,000 shares were sold from the DAM 2012 Trust LLC; and the 6,275 shares were sold from the Dwight A. Merriman Charitable Foundation, per the filing's remarks.
  • Shares outstanding: The filing lists 80,556,341 shares of MongoDB common stock outstanding as of the notice date.
  • Rule 10b5-1 plan: The filing indicates a Rule 10b5-1 plan adoption or instruction date of July 8, 2026.
  • Broker: Wells Fargo Clearing Services, One North Jefferson Avenue, St. Louis, MO 63103, is named as the broker for all three tranches.
  • Recent prior sales: The filing discloses five sales in the past three months totaling 30,000 shares, with gross proceeds of approximately $12,468,687.63, across Dwight Merriman personally and DAM 2012 Trust LLC.

Details of Merriman's Proposed MongoDB Share Sale and Prior Three-Month Activity

According to the Form 144 filing, Dwight A. Merriman, identified as a director of MongoDB, Inc. (NASDAQ:MDB), proposed to sell 19,275 shares of the company's common stock on November 2, 2026, through Wells Fargo Clearing Services. The shares are to be sold in three tranches: 10,000 shares with an aggregate market value of $3,487,942.67; 3,000 shares with an aggregate market value of $1,050,505.91; and 6,275 shares with an aggregate market value of $2,162,887.49. The filing's remarks section states that "the 3,000 shares were sold from the DAM 2012 Trust LLC" and "the 6,275 shares were sold from the Dwight A. Merriman Charitable Foundation."

Regarding the acquisition of the securities, the filing discloses that 13,000 shares were acquired on October 18, 2017, as Founders Shares from the issuer, with payment described as "N/A." An additional 6,275 shares are listed as a gift received from Dwight Merriman on December 20, 2025, with the donor having originally acquired those shares on October 18, 2017. The filing notes a Rule 10b5-1 plan adoption date of July 8, 2026.

The filing also discloses sales during the past three months. Dwight Merriman personally sold 10,000 shares on August 14, 2026, for gross proceeds of $4,704,548.61, and 10,000 shares on October 8, 2026, for gross proceeds of $3,598,428.05. DAM 2012 Trust LLC sold 6,000 shares on August 17, 2026, for gross proceeds of $2,709,654.97; 3,000 shares on October 8, 2026, for gross proceeds of $1,079,220.77; and 1,000 shares on October 9, 2026, for gross proceeds of $376,835.23. All prior sales were listed as MongoDB, Inc. securities.

What Was Disclosed

Director Dwight A. Merriman filed a Form 144 notice on November 2, 2026, disclosing a proposed sale of 19,275 MongoDB common shares across three accounts, under a Rule 10b5-1 plan adopted July 8, 2026, along with five prior-period sales totaling 30,000 shares.