George James Case 4

What Happened

• George James Case, Chief Revenue Officer of monday.com Ltd. (MNDY), reported a small open‑market sale and the conversion/vesting of equity awards. On 2026-06-02 he sold 1,773 shares at $90.79 per share for proceeds of $160,966. On 2026-06-01 several derivative awards converted/vested (reported as M): 5,897 shares (with $0 reported because those shares were mandatorily withheld/disposed to cover taxes) and two additional conversions of 2,949 and 2,948 shares (reported as derivative dispositions with N/A price).

Key Details

• Transaction dates and prices:
  • 2026-06-01: Exercise/conversion (code M) — 5,897 shares disposed @ $0.00 (mandatory tax withholding)
  • 2026-06-01: Exercise/conversion (code M) — 2,949 shares (price N/A; derivative conversion)
  • 2026-06-01: Exercise/conversion (code M) — 2,948 shares (price N/A; derivative conversion)
  • 2026-06-02: Open-market sale (code S) — 1,773 shares @ $90.79 = $160,966
• Shares owned after the transactions: not provided in the excerpt of the filing.
• Footnotes:
  • F1: The $0/disposition represents a mandatory sale to cover taxes on vesting awards (tax withholding).
  • F2–F4: Each RSU/PSU converts to one ordinary share. RSUs vest quarterly through 06/01/2029 (one‑year cliff); PSUs’ performance conditions were met but remain subject to time‑based vesting, also vesting quarterly through 06/01/2029.
• Filing timeliness: Report filed 2026-06-03 for transactions dated 06-01 and 06-02 — filed within the typical two business‑day window (timely).

Context

• The June 1 entries reflect equity award vesting/conversion (RSUs/PSUs), not an independent purchase decision. The 5,897‑share entry shows shares withheld/sold to satisfy tax obligations (a routine employer tax‑withholding action). The subsequent open‑market sale of 1,773 shares on 06-02 appears to be a separate disposition. These kinds of withholding/small sales are common and do not necessarily signal a change in executive sentiment.