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EdgarHawk

Gordon Michael Lawrence

COO and CFO

Officer
6 filings analyzed · 1 company · Latest 2024-12-18

Companies

Company Buys Sells Direction
MongoDB, Inc. MDB 0 51 Net selling

Activity

December 2024
2024-12-18 MongoDB, Inc. MDB
high
Sell
5,000 shares
$1,339,253
Significance 6/10

MongoDB CFO/COO Lawrence sells 5,000 shares for $1.3M at avg $267.85; stock now $252.67, down 49.6% from 52-week high

Gordon Michael Lawrence, serving as both COO and CFO, executed 11 separate sales totaling 5,000 shares for $1,339,253.27 on 2024-12-16 at prices ranging from $261.90 to $274.10 (blended average $267.85). The sale represents a 5.9% reduction in his post-transaction holdings of 80,307 shares. Stock performance in the 30 and 90 days prior to this transaction shows a 30-day decline of -11.2% and 90-day decline of -11.0%, while year-to-date the stock is down 49.6% from its 52-week high of $500.90. His five prior trades at MDB (all in November 2024) showed 30-day returns ranging from -8.9% to -11.2%, though the 90-day outcomes remain unmeasurable. The company generated $529.4M in quarterly revenue with 31.1% annual growth but reported a net loss of $-9.8M in the quarter and was unprofitable over its most recent full fiscal year. The timing of this sale, following a sustained price decline and while the company operates at a loss, provides context for the insider's action, though without a 10b5-1 FLAG or explicit company guidance, the transaction's specific motivation cannot be determined from the filing alone.

November 2024
2024-11-18 MongoDB, Inc. MDB
medium
Sell
5,000 shares
$1,480,541
Significance 4/10

MDB COO/CFO Lawrence sells 5,000 shares in 9 transactions for $1.5M; stock up 3.2% over 30 days, down 43.2% from 52-week high.

Gordon Michael Lawrence, COO and CFO of MongoDB, executed 9 separate sales on 2024-11-14 totaling 5,000 shares (5.0K shares) for $1,480,541.31 ($1.5M), reducing his holdings from 85,307 shares to 80,307 shares. The blended average transaction price was $296.11, while MongoDB's current price stands at $284.43, representing a decline of $11.68 per share since execution. His recent prior sales at MongoDB on 2024-10-14 posted 30-day returns of 1.9% to 4.7%, though the 90-day outcomes remain immeasurable. The broader context shows MongoDB trades -43.2% from its 52-week high of $500.90, while the company reported unprofitable operations with net income of $-54.5M in its most recent fiscal year despite strong annual revenue growth of 31.1%. The timing of this multi-tranche liquidation relative to the stock's sharp year-to-date decline warrants closer examination of management's confidence in near-term catalysts.

October 2024
2024-10-16 MongoDB, Inc. MDB
high
Sell
5,000 shares
$1,451,571
Significance 6/10

MDB COO/CFO sold 5,000 shares at $290.31 avg; stock down -4.0% in 30d, -44.4% from 52-week high

Gordon Michael Lawrence, COO and CFO, executed 6 separate sales on 2024-10-14 totaling 5,000 shares (5.0K shares) for $1,451,571.02 ($1.5M), reducing his stake from 85.3K to 80.3K shares (-5.9%). The blended average price across the tranches was $290.31, representing a peak near the 52-week high of $500.90. His prior 5 trades at MDB on 2024-09-16 all resulted in negative 30-day returns (-3.4% to -4.8%), suggesting recent market momentum shifted against recent timing at this ticker. The company remains unprofitable with a full-year net income of $-54.5M, though it delivered annual revenue growth of +31.1%; current stock price of $278.39 is now -44.4% below the 52-week high and -4.0% below the sale price within 30 days, indicating accelerating downward pressure post-transaction.

September 2024
2024-09-18 MongoDB, Inc. MDB
high
Sell
5,000 shares
$1,454,228
Significance 6/10

MongoDB COO/CFO Lawrence sells 5,000 shares for $1.5M on 2024-09-16; holdings drop to 81.9K shares

Gordon Michael Lawrence, MongoDB's COO and CFO, executed 5 separate sales totaling 5,000 shares for $1,454,227.68 on 2024-09-16, reducing his holdings from 86.9K to 81.9K shares (-5.8%). The blended average price of $290.85 sits modestly above the current price of $280.11 but well below the 52-week high of $500.90. His cross-ticker track record shows a 100.00% well-timed rate on prior sells (20 prior sells with avg 90d return of -25.5%), suggesting a pattern of selling before declines; however, his prior trades at MongoDB specifically (5 sales on 2024-08-14) are not yet measurable at the 90-day mark, yielding no outcome basis at this ticker. The company itself remains unprofitable, with full-year net income of $-54.5M, though revenue grew 31.1% year-over-year. The stock is currently -44.1% from its 52-week high, having rebounded +9.0% over 30 days and +27.1% over 90 days from prior lows.

August 2024
2024-08-16 MongoDB, Inc. MDB
medium
Sell
5,000 shares
$1,213,258
Significance 5/10

CFO Gordon Michael Lawrence sells 5,000 MDB shares for $1.2M; stock down 49.9% from 52-week high, unprofitable

Gordon Michael Lawrence (COO and CFO) executed 5 separate sales totaling 5,000 shares for $1,213,257.98 on 2024-08-14 at a blended average price of $242.65, reducing his holdings from 86.9K shares to 81.9K shares. The transaction occurs while MongoDB stock trades 49.9% below its 52-week high of $500.90 and the company remains unprofitable with $-80.6M net income on $450.6M quarterly revenue. Across his cross-ticker track record, Lawrence's 20 prior open-market sells show a 100.00% well-timed rate at the 90-day mark, though his 5 prior sales at MDB (all on 2024-07-09) have not yet accumulated measurable 90-day outcomes and show near-term 30-day declines ranging from -7.1% to -9.1%. This filing adds to a pattern of regular liquidation activity at the stock without providing clear signal of heightened conviction or concern given the absence of material event context.

July 2024
2024-07-11 MongoDB, Inc. MDB
high
Sell
5,000 shares
$1,261,161
Significance 6/10

MongoDB CFO/COO Lawrence sold 5,000 shares ($1.3M) on 2024-07-09; 5 prior MDB sales all well-timed by 90d returns

Gordon Michael Lawrence, CFO and COO of MongoDB, Inc., filed 9 separate sales totaling 5,000 shares for $1,261,161.15 on 2024-07-09 at prices ranging from $249.35 to $257.32, reducing his holdings by 5.8% to 81,942 shares. His prior MDB trading history shows a strong timing pattern: all 5 prior sales at this ticker were well-timed at the 90-day mark, with negative 90-day returns ranging from -23.7% to -27.1%, indicating he has consistently sold before subsequent declines. The current stock price of $248.78 is -50.3% from the 52-week high of $500.90 and -29.3% over 90 days, placing this sale at an inflection point in a significant drawdown. While MDB posted strong annual revenue growth of +31.1% and a $450.6M latest-quarter revenue, the company remains unprofitable with full-year net income of -$80.6M, creating a structural tension between growth trajectory and profitability.

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