MongoDB CEO Receives $100 Million RSU Compensation… CFO Also Receives Large Stock Award
MongoDB, Inc. (NASDAQ: MDB) disclosed in a March 17, 2026, filing that President and CEO Chirantan “CJ” Jitendra Desai received a new grant of approximately 34,000 restricted stock units (RSUs), bringing his total holdings to about 78,000 shares. On the same day, CFO Michael J. Berry was awarded roughly 17,000 RSUs, at which point his directly held shares and those held indirectly through a family trust were consolidated. The filing covers only equity compensation grants and adjustments to ownership structures, with no open-market transactions involved. The awards to the two executives are valued at approximately $9.4 million and $4.6 million, respectively—equivalent to about KRW 12 billion and KRW 6 billion.
Earlier this month, MongoDB’s earnings release guided fiscal 2026 revenue to a range of $2.86 billion to $2.90 billion and provided a per-share net-loss forecast for fiscal 2027. Recently, several brokerages have upgraded their outlooks on MongoDB and raised price targets, as Wall Street continues to refine its assessments of the company’s growth trajectory and financial prospects.
Headquartered in New York, MongoDB is a software company that has grown by offering its document-oriented database, MongoDB, optimized for unstructured data, alongside its cloud database service, Atlas. The company now derives a significant and growing portion of its revenue from subscription and cloud services centered on Atlas, under the leadership of President and CEO Chirantan “CJ” Desai.
Source: SEC 4 Filing