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

SEC announcement ·  Feb 21 05:18
Summary by Futu AI
Insight Venture Partners IX (Co-Investors), L.P., a major stockholder with a 10% stake in Monday.Com Ltd., is set to sell 10,812 ordinary shares of the company. The planned sale, with an aggregate market value of approximately $2,432,700, is scheduled for 02/20/2024. These shares were originally acquired on 03/21/2017 through a stock conversion before the company's IPO. The transaction is part of a series of sales by Insight Venture Partners IX over the past three months, which have totaled over 2.8 million shares for gross proceeds exceeding $513 million. The upcoming sale continues the pattern of divestment by the stockholder.
Insight Venture Partners IX (Co-Investors), L.P., a major stockholder with a 10% stake in Monday.Com Ltd., is set to sell 10,812 ordinary shares of the company. The planned sale, with an aggregate market value of approximately $2,432,700, is scheduled for 02/20/2024. These shares were originally acquired on 03/21/2017 through a stock conversion before the company's IPO. The transaction is part of a series of sales by Insight Venture Partners IX over the past three months, which have totaled over 2.8 million shares for gross proceeds exceeding $513 million. The upcoming sale continues the pattern of divestment by the stockholder.
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This announcement is a separate document:

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