Summary by Moomoo AI
MongoDB, Inc. director Dwight A. Merriman plans to sell 1,000 shares of common stock on 12/10/2024, with an estimated market value of $322,534.03. These shares were acquired as Founders Shares on 10/18/2017 from the issuer.Over the past three months, Merriman has sold a total of 19,084 shares, generating gross proceeds of $5,582,371.36. The sales occurred in multiple transactions between 09/10/2024 and 12/02/2024, with individual sale amounts ranging from 1,000 to 3,000 shares.The planned sale is part of a trading plan adopted on 04/09/2024, indicating a predetermined schedule for stock transactions. This systematic approach to selling shares is common among company insiders to comply with regulatory requirements and avoid the appearance of trading on non-public information.
