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monday.com | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC announcement ·  Feb 15 06:39
Summary by Futu AI
Insight Venture Partners IX, L.P., a major shareholder with a 10% stake in Monday.Com Ltd., is set to sell 110,836 ordinary shares of the company. The planned sale, with an aggregate market value of approximately $23,829,740, is scheduled for 02/14/2024. These shares were originally acquired on 03/21/2017 through a stock conversion before the company's IPO, directly from the issuer. Insight Venture Partners IX, L.P. has been actively trading Monday.Com's stock, having sold a total of 3,114,376 shares over the past three months, generating gross proceeds of over $545 million.
Insight Venture Partners IX, L.P., a major shareholder with a 10% stake in Monday.Com Ltd., is set to sell 110,836 ordinary shares of the company. The planned sale, with an aggregate market value of approximately $23,829,740, is scheduled for 02/14/2024. These shares were originally acquired on 03/21/2017 through a stock conversion before the company's IPO, directly from the issuer. Insight Venture Partners IX, L.P. has been actively trading Monday.Com's stock, having sold a total of 3,114,376 shares over the past three months, generating gross proceeds of over $545 million.
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