MongoDB Director Hope Cochran Sells Shares Under Rule 10b5-1 Plan
Hope F. Cochran, a director at MongoDB Inc., sold 1,000 shares of the company's stock on September 17, 2026, under a pre-established Rule 10b5-1 trading plan. The transaction was valued at $375,920 based on an average sale price per share and occurred as part of Cochran’s personal financial planning strategy to diversify her portfolio. Following the sale, Cochran still holds approximately 28,326 shares in MongoDB, representing a direct equity stake worth around $11.14 million at the time of the transaction. The stock closed on September 21, 2026, at $407.30 per share, which is an 8% premium to Cochran’s sale price. MongoDB continues to show strong financial performance with a market capitalization of $32.8 billion and trailing twelve months (TTM) revenue of $2.8 billion. The company's recent quarterly results showed robust growth in its Enterprise Advanced segment, contributing to 30.5% year-over-year revenue increase.
Tickers: $MDB
Topics: director sale MongoDB Rule 10b5-1 SEC filing