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

SEC announcement ·  Feb 20 16:30
Summary by Moomoo AI
Insight Venture Partners (Cayman) IX, L.P., a 10% stockholder in Monday.Com Ltd., is set to sell 268,819 ordinary shares of the company. The sale, with an aggregate market value of approximately $60,484,275, is scheduled for 02/20/2024. These shares were originally acquired on 03/21/2017 through a stock conversion before the company's IPO, from Monday.com Ltd. itself. The transaction is part of a series of sales by Insight Venture Partners over the past three months, which totaled 2,848,524 shares for gross proceeds of over $513 million.
Insight Venture Partners (Cayman) IX, L.P., a 10% stockholder in Monday.Com Ltd., is set to sell 268,819 ordinary shares of the company. The sale, with an aggregate market value of approximately $60,484,275, is scheduled for 02/20/2024. These shares were originally acquired on 03/21/2017 through a stock conversion before the company's IPO, from Monday.com Ltd. itself. The transaction is part of a series of sales by Insight Venture Partners over the past three months, which totaled 2,848,524 shares for gross proceeds of over $513 million.
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