[144] monday.com Ltd. SEC Filing
monday.com Ltd. (MNDY) filing reports a proposed sale under Rule 144 of 15,000 ordinary shares through Oppenheimer & Co., with an aggregate market value of $2,905,350.00 and an approximate sale date of 10/01/2025 on Nasdaq. The filer acquired 851,000 shares by exercising options on 03/07/2016, paying cash upon exercise. The notice also discloses recent dispositions by the same person totaling 37,648 shares sold between July and September 2025, generating gross proceeds of $9,508,460.10. The filer certifies no undisclosed material adverse information and references Rule 10b5-1 language where applicable.
- Clear disclosure of broker, number of shares, market value, and planned sale date consistent with Rule 144 requirements
- Acquisition details provided: shares were acquired by exercising options on 03/07/2016 with cash paid upon exercise, showing a long-held basis
- Concentrated insider selling in the prior three months (37,648 shares) which could be perceived negatively by some investors
- No 10b5-1 plan date shown in the visible filing fields, so it is unclear whether recent sales were pre-planned or opportunistic
Insights
TL;DR: Insider plans a modest Rule 144 sale after prior monthly dispositions, suggesting liquidity needs rather than a company-specific red flag.
The filing shows a proposed sale of 15,000 shares valued at roughly $2.9 million and prior sales of 37,648 shares in the past three months totaling about $9.5 million. The shares were originally acquired via option exercise in 2016, indicating a long-held position. From an analytical perspective, the planned sale size is small relative to the reported 50,773,337 shares outstanding (~0.03% for the planned sale; ~0.074% for recent sales combined), so this likely has limited direct impact on market capitalization. Investors should note the pattern of regular sell transactions by this individual but no new information on company operations or financials is included in the filing.
TL;DR: Disclosure is consistent with Rule 144 requirements; signatures and representations regarding material non-public information are present.
The notice provides required broker, acquisition, and prior-sale details and includes the statutory representation that the seller is not aware of undisclosed material adverse information. The acquisition via option exercise in 2016 and cash payment upon exercise are clearly stated, supporting Rule 144 eligibility elements. While the document references Rule 10b5-1 language, no specific plan adoption date is provided in the visible fields. From a governance standpoint, the filing appears procedurally complete but does not include a 10b5-1 plan date, which would clarify whether some sales were pre-planned.