Filing note
MDB · 4
Filing note · 4 · filed 2026-11-04 · MongoDB, Inc.
MongoDB, Inc. [[MDB]] — CAO Reports 6,027 Service-Conditioned RSUs; Award Value Not Disclosed
Filing Summary Chief Accounting Officer Phan Kong reported an award of 6,027 restricted stock units (RSUs), with 6,027 reported as beneficially owned following the transaction. The units vest over multiple years subject to continued service; the filing discloses no grant-date value, so the award’s dollar cost and potential dilution cannot be quantified from these materials.
Terms & Mechanics - The Form 4 reports the RSU acquisition on June 12, 2026, at a stated price of $0. Each RSU is a contingent right to one common share—not an immediate open-market purchase. - Vesting: 40% on July 1, 2027; 40% in four equal quarterly installments beginning October 1, 2027; and 20% in four equal quarterly installments beginning October 1, 2028. Continued service through each applicable vesting date is required. - The Form 4 was signed November 4, 2026, and says it was filed late because of an inadvertent administrative error. - No prior Kong holdings or award baseline is disclosed in the supplied materials; a change from an earlier Kong position therefore cannot be determined.
Strategic & Capital Implications This is a service-conditioned, multi-year equity-compensation award, linking potential share delivery to Kong’s continued service. Its dollar value, tax withholding, and dilution relative to MongoDB’s share base are not disclosed, so the filing alone does not establish the award’s materiality to company-wide capital structure. The reported $0 transaction price should not be read as meaning the award has no economic value.
The supplied October 15 Form 4 context concerns director Archana Agrawal, a different reporting person, and provides no comparable information about Kong’s prior holdings. The nearby leadership-transition materials are also separate from this award and do not change its terms.
Next Catalysts - Kong’s continued service through the first scheduled vesting date, July 1, 2027, and subsequent vesting dates. - Future Form 4s reporting share delivery, withholding, or any subsequent transactions. - Further disclosure about the late filing; additional details are not disclosed in filing materials.
[Generated on Edgar Tracker · edgartracker.com · AI summary · GPT 6 luna · selected parts]