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

SEC announcement ·  Feb 15 06:54
Summary by Futu AI
Insight Venture Partners (Cayman) IX, L.P., a 10% stockholder in Monday.Com Ltd., is set to sell 55,075 ordinary shares of the company. The sale, scheduled for 02/14/2024, is expected to yield an aggregate market value of approximately $11,841,125. The shares were originally acquired on 03/21/2017 through a stock conversion before the company's IPO, from Monday.com Ltd. itself. Insight Venture Partners has been actively trading Monday.com's stock, having sold a total of 3,073,524 shares over the past three months, generating gross proceeds of over $537 million.
Insight Venture Partners (Cayman) IX, L.P., a 10% stockholder in Monday.Com Ltd., is set to sell 55,075 ordinary shares of the company. The sale, scheduled for 02/14/2024, is expected to yield an aggregate market value of approximately $11,841,125. The shares were originally acquired on 03/21/2017 through a stock conversion before the company's IPO, from Monday.com Ltd. itself. Insight Venture Partners has been actively trading Monday.com's stock, having sold a total of 3,073,524 shares over the past three months, generating gross proceeds of over $537 million.
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