Summary by Moomoo AI
On 12/16/2024, Gordon Michael Lawrence, COO and CFO of MongoDB, executed a series of transactions involving the company's Class A Common Stock. Lawrence first acquired 5,000 shares at $6.5 per share through the exercise of derivative securities. He then sold an equal number of shares in multiple transactions at prices ranging from $261.9 to $274.1 per share.The total value of the disposed shares amounted to approximately $1.34 million. Following these transactions, Lawrence directly owns 80,307 shares of MongoDB's Class A Common Stock. Additionally, he indirectly holds 4,000 shares through family members, including 1,000 shares each held by his spouse and three children.These transactions were reported as completed, with all activities occurring on the same day. The significant difference between the acquisition and sale prices suggests a substantial gain for the executive, though the exact profit is not explicitly stated in the report.
