Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Dev Ittycheria earned $851.89K in total compensation at MongoDB, including $400.00K salary and $420.00K bonus. Most recently sold 25,005 shares in Jan 2025. Currently holds stock worth $264.43M. Has donated $4.97M in stock to charitable causes. Has led MongoDB for over 11 years.

Compensation History

Annual executive compensation data for Dev Ittycheria, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$851.89K

Salary

$400.00K

Bonus

$420.00K

Other

$31.89K

Salary

$400.00K

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with long-term shareholder value, and competitive market practices.

Bonus

$420.00K

Board Justification

The annual performance-based bonus for fiscal year 2024 was determined based on the achievement of corporate performance goals, with a maximum payout of 150% of the target bonus.

Other Compensation

$31.89K

Board Justification

Includes expenses related to cybersecurity services and gross-up payment for food vouchers offered to all U.S. based employees.

Restricted Stock

$0.000 RSU

Board Justification

No stock was vested in 2023 as the focus was on performance-based stock units that are tied to future performance metrics.

Performance Metrics

The performance metrics for determining the bonus included Net New ARR, Non-GAAP Operating Income, and Revenue.

M

Dev Ittycheria

Founder and CEO of MongoDB

Education

Bachelor's degree in Computer Science from a reputed university

Field of Expertise

Technology & Engineering - Technology

Sector of Economy

Technology

Born

January 1, 1970 - 55 years ago

CEO of MongoDB for

11 years 2 months (Oct 2014 - Present)

Previous Experience

Co-founder and CEO of a successful startup, prior executive roles at various technology companies

Holdings

Track Dev Ittycheria's stock holdings and portfolio value over time.

Total Stock Sold

$990.21M

MDB

$809.64M

2,926,575 MDB shares

DDOG

$180.57M

1,710,000 DDOG shares

What if they kept their stock?

If Dev Ittycheria didn't sell their stock, today they would have:
Extra MDB2,926,575 shares worth $1.20B and DDOG1,710,000 shares worth $258.91M.
This is 47.21% and $467.49M more than what they got when they sold the stock.

Charitable Transactions

MDB

12,135 shares

MDB

Recent Charitable Transactions

MDB

12,135 shares

MDB

Dec 21, 2023

Charity

Insider Trading

Dev Ittycheria's recent stock transactions, purchases, and sales filed with the SEC.

MDB

$6.91M

MDB at $276.28/share

Jan 28, 2025

Sale

MDB

$2.12M

MDB at $254.66/share

Jan 17, 2025

Sale

MDB

$604.19K

MDB at $234.09/share

Jan 2, 2025

Sale

MDB

$909.11K

MDB at $255.66/share

Oct 2, 2024

Sale

MDB

383 shares

MDB

Oct 2, 2024

Received

MDB

$802.50K

MDB at $265.29/share

Jul 2, 2024

Sale

DDOG

2,262 shares

DDOG

Jun 5, 2024

Received

MDB

$5.95M

MDB at $346.80/share

Apr 2, 2024

Sale

MDB

24,384 shares

MDB

Apr 2, 2024

Received

MDB

20,683 shares

MDB

Mar 22, 2024

Received

Rivals

Compare Dev Ittycheria with competitor CEOs and industry peers.