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SEC EDGAR · Company announcement

MDB: Leadership change

Filed 8-K for an event or period dated 2026-10-12. Leadership change.

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Became public
Oct 15, 2026, 6:35 AM EDT
Event / period date
Oct 12, 2026
Collected
Nov 8, 2026, 12:06 AM EST

Why this is connected

This filing identifies MongoDB, Inc. as the issuer of the security. The company's SEC identifier connects it to MDB.

Source evidence

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Compensatory Arrangements of Interim President and Chief Executive Officer As previously disclosed in the Current Report on Form 8-K filed by MongoDB, Inc. (the “Company”) with the Securities and Exchange Commission (the “SEC”) on September 28, 2026, the Board of Directors of the Company (the “Board”) appointed Dev Ittycheria as the Interim President and Chief Executive Officer of the Company, effective September 28, 2026. In connection with his appointment, on October 14, 2026, Mr. Ittycheria entered into an employment agreement with the Company, effective as of September 28, 2026 (the “Effective Date”) (the “Employment Agreement”), that entitles him to receive (i) an annual base salary of $500,000; (ii) a one-time sign-on cash bonus of $500,000 and (iii) a target cash bonus opportunity of 70% of his annual base salary ($350,000), based on the achievement of Company performance goals, prorated for fiscal year 2027 (and, if applicable, fiscal year 2028) based on his period of service as Interim President and Chief Executive Officer, and payable without regard to whether he remains employed on the payment date. The Company will grant to Mr. Ittycheria restricted stock units (“RSUs”) under the Company’s Amended and Restated 2016 Equity Incentive Plan (the “2016 Plan”) with a grant value of $15,000,000 (with the number of RSUs to be based on the 30-trading-day volume-weighted average price of the Company’s common stock on the Nasdaq Global Market for the period ending October 9, 2026, rounded up to the nearest whole share). The RSUs will vest in four equal quarterly installments on January 1, 2027, April 1, 2027, July 

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