Dwight A Merriman sells 16,000 MDB shares for $4.9M (blended avg $304.36) via pre-arranged 10b5-1 plan
Director Dwight A Merriman executed 17 separate sales totaling 16,000 shares for $4,869,797.84 across two trading dates (May 14 and May 18, 2026), reducing his holdings from 486,896 to 470,896 shares. This transaction is part of a pre-arranged 10b5-1 trading plan, meaning the sales were scheduled rather than discretionary. Notably, Merriman's prior five trades at MDB (all sells in April 2026) each posted positive 30-day and 90-day returns ranging from +23.2% to +28.7% over 30 days and +23.2% to +32.6% over 90 days. The company reported revenue of $628,309,000.00 for the latest quarter but posted a net loss of $-2,007,000.00 and was unprofitable over its most recent full fiscal year, despite annual revenue growth of +22.8%.