MongoDB, Inc. (MDB) Form 8-K — Oct 15, 2026
MongoDB filed an 8-K detailing the employment agreement for Dev Ittycheria as Interim President and CEO, including a $500,000 base salary, $500,000 sign-on bonus, 70% target bonus, and $15 million in RSUs vesting over four quarters through October 2027. The Compensation Committee also approved a $10 million retention RSU award for CFO Michael Berry, vesting in three installments through April 2028.
Key figures
- Ceo base salary
- $500,000
- Ceo sign on bonus
- $500,000
- Ceo rsu grant value
- $15,000,000
- Ceo target cash bonus
- $350,000 (70% of base)
- Ceo min service post new ceo
- 12 months, not before April 1, 2028
- Cfo retention rsu grant value
- $10,000,000
AI analysis
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