monday.com (MNDY) CRO George Case Sells Shares

What Happened George James Case, Chief Revenue Officer of monday.com Ltd., had 1,474 restricted stock units (RSUs) convert to ordinary shares on 2026-09-01. To satisfy tax withholding, 1,474 of those shares were disposed (reported as two derivative dispositions of 737 shares each). Separately, on 2026-09-02 he sold 657 shares in an open-market transaction at $94.64 each, raising $62,178. These actions are tax-withholding and routine sales rather than a cash purchase signal.

Key Details

• 2026-09-01: Exercise/conversion (derivative, code M) — 1,474 shares acquired at $0.00 (RSUs vested).
• 2026-09-01: Two derivative dispositions (code M) — 737 shares + 737 shares disposed (price N/A) — mandatory sale/withholding to cover taxes (F1).
• 2026-09-02: Open-market sale (S) — 657 shares @ $94.64 = $62,178.
• Shares owned after transactions: 5,144 (corrected amount per F2).
• Filing: Form 4 filed 2026-09-03 for reporting period 2026-09-01.
• Footnotes: F1 = mandatory sale to cover taxes; F3 = each RSU = right to one ordinary share; F4 = RSUs vest quarterly through 06/01/2029 with a one-year cliff; F5 = related PSUs’ performance conditions met but time-based vesting remains.

Context The 09/01 entries reflect vested RSUs converting to shares and immediate withholding/disposition to meet tax obligations (a common “sell-to-cover” pattern). The 09/02 sale was an open-market disposition — sales can be routine and do not necessarily indicate a change in the insider’s view of the company. Purchases (not present here) are generally more informative for signaling insider confidence.