Summary by Moomoo AI
MongoDB, Inc. Director Dwight A. Merriman is set to sell 2,000 shares of common stock on April 8, 2024, as per the latest filing. These shares, initially acquired as founders shares directly from the issuer on October 18, 2017, have an aggregate market value of approximately $729,862.16. This planned transaction follows a series of sales over the past three months, where Merriman sold a total of 24,000 MongoDB shares, generating gross proceeds of nearly $9.99 million. The notice of the upcoming sale was filed on the same day as the planned sale, with the instruction for this transaction given almost a year prior, on April 6, 2023.