monday.com (MNDY) CRO George Case Sells 819 Shares

What Happened

• George James Case, Chief Revenue Officer of monday.com Ltd. (MNDY), had 2,059 restricted stock units (RSUs) convert to ordinary shares on 2026-09-12 (recorded as an exercise/conversion of a derivative at $0). Following the vesting/conversion, 819 shares were sold in the open market on 2026-09-14 at $92.36 per share, generating $75,643 in proceeds. The conversion entry also shows the derivative position (the RSUs) was settled.

Key Details

• Transaction dates and prices:
  • 2026-09-12: 2,059 RSUs converted to 2,059 ordinary shares (recorded as derivative exercise/conversion; acquisition price $0.00).
  • 2026-09-14: 819 shares sold in open market at $92.36 each for total proceeds of $75,643.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes of note:
  • F1: The sale represents a mandatory sale to cover taxes associated with the vesting of the equity award.
  • F2: Each RSU equals a contingent right to one ordinary share.
  • F3: These RSUs vest quarterly through 03/12/2030 and have no expiration date.
• Filing info: Form 4 filed 2026-09-15 for transactions reported 2026-09-12 / 09-14; no late-filing status was provided in the supplied data.

Context

• This was not a buy—RSUs vested (converted to shares) and a portion was sold to satisfy tax withholding (a routine, non-speculative event). For derivative transactions: the RSUs were settled into shares (a common post-vesting step), and the sale appears to be a mandatory tax-withholding disposition rather than an independent open-market sale motivated by sentiment.