Was the monday.com (MNDY) CRO’s share sale discretionary or tax-related?

The sale was tax-related. A footnote states the 1,773 shares sold on June 2, 2026 were a mandatory sale to cover taxes from vesting equity awards, distinguishing it from a voluntary decision to reduce his investment exposure.

monday.com (MNDY) CRO vests RSUs and sells 1,773 shares to cover taxes

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

monday.com Ltd. Chief Revenue Officer George James Case reported equity award activity and a related tax sale. On June 1, he exercised equity awards to acquire 5,897 Ordinary Shares at an exercise price of $0.00 per share, reflecting vesting of Restricted Stock Units and Performance Restricted Stock Units. A footnote states that on June 2, 1,773 Ordinary Shares were sold at an average price of $90.7873 per share as a mandatory sale to cover taxes tied to this vesting, rather than a discretionary sale. After these transactions, Case directly owned 4,124 Ordinary Shares. The footnotes explain that the RSUs and performance RSUs vest quarterly through June 1, 2029, indicating an ongoing, time-based vesting schedule for his remaining awards.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 4 txns

Insider George James Case

Role CRO

Sold 1,773 shs ($161K)

Approx. gross sale proceeds $161K

Approx. exercise cost $0.00

Type	Security	Shares	Price	Value
Sale	Ordinary Shares	1,773	$90.7873	$161K
Exercise	Restricted Stock Units	2,949	$0.00	$0.00
Exercise	Performance Restricted Stock Unit	2,948	$0.00	$0.00
Exercise	Ordinary Shares	5,897	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 8,849 shares (Direct); Performance Restricted Stock Unit — 8,850 shares (Direct); Ordinary Shares — 4,124 shares (Direct)

Footnotes (4)

F1. Represents a mandatory sale to cover taxes associated with the vesting of equity awards held by the Reporting Person.
F2. Each Restricted Stock Unit and Performance Restricted Stock Unit represents a contingent right to receive one Ordinary Share.
F3. The Restricted Stock Units ("RSU") will vest quarterly over four years by 06/01/2029 with a one-year cliff and have no expiration date.
F4. The performance conditions have been met but the PSU is subject to time-based vesting. The PSUs will vest quarterly by 06/01/2029 and have no expiration date.

Key Figures

Shares sold: 1,773 shares Sale price: $90.7873 per share Shares acquired via vesting: 5,897 shares +3 more

6 metrics

Shares sold 1,773 shares Mandatory tax sale on June 2, 2026

Sale price $90.7873 per share Average price for 1,773 shares sold

Shares acquired via vesting 5,897 shares Ordinary Shares from equity award exercises on June 1, 2026

Post-transaction holdings 4,124 shares Ordinary Shares directly owned after June 2, 2026 sale

RSU vesting schedule Quarterly to June 1, 2029 Restricted Stock Units with one-year cliff and no expiration date

Performance RSU vesting Quarterly to June 1, 2029 Performance conditions met; now time-based vesting only

Key Terms

Restricted Stock Units, Performance Restricted Stock Unit, mandatory sale to cover taxes, time-based vesting

4 terms

Restricted Stock Units financial

"The Restricted Stock Units ("RSU") will vest quarterly over four years by 06/01/2029 with a one-year cliff"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Performance Restricted Stock Unit financial

"The performance conditions have been met but the PSU is subject to time-based vesting."

mandatory sale to cover taxes financial

"Represents a mandatory sale to cover taxes associated with the vesting of equity awards"

time-based vesting financial

"The performance conditions have been met but the PSU is subject to time-based vesting."

Time-based vesting is a schedule that gives employees or contractors ownership of granted stock or options gradually as they remain with a company, like unlocking rewards in a loyalty program the longer you stick around. For investors, it matters because it affects future share supply, management incentives and staff retention — all of which can influence company performance and dilution of existing shareholders.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/03/2026 - 04:03 PM Accepted by SEC EDGAR 06/03/2026 - 04:02 PM

FAQ

What insider transactions did MNDY CRO George James Case report?

George James Case reported equity award vesting and a related tax sale. He acquired 5,897 Ordinary Shares from vested RSUs and performance RSUs, then sold 1,773 shares to cover taxes, leaving him with 4,124 shares directly owned afterward.

How many monday.com (MNDY) shares did the CRO sell and at what price?

He sold 1,773 Ordinary Shares at an average price of $90.7873 per share. A filing footnote clarifies this was a mandatory sale solely to cover taxes arising from equity award vesting, not a discretionary open-market liquidation of his holdings.

How many monday.com (MNDY) shares did the CRO acquire through vesting?

He acquired 5,897 Ordinary Shares at an exercise price of $0.00 per share. These came from vested Restricted Stock Units and Performance Restricted Stock Units, each unit representing the right to receive one Ordinary Share upon vesting under the company’s equity plans.

What are the CRO’s monday.com (MNDY) holdings after these Form 4 transactions?

Following the reported transactions, George James Case directly owns 4,124 Ordinary Shares. This figure reflects shares received from equity award vesting on June 1, 2026, net of the 1,773 shares sold on June 2, 2026 to satisfy associated tax obligations.

How do the monday.com (MNDY) RSUs and performance RSUs vest for the CRO?

The Restricted Stock Units vest quarterly over four years through June 1, 2029, with a one-year cliff. The performance RSUs have already met performance conditions but continue to vest quarterly through June 1, 2029, based solely on ongoing time-based service.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

George James Case

(Last)

(First)

(Middle)

6 YITZHAK SADE

(Street)

TEL AVIV

6777506

(City)

(State)

(Zip)

ISRAEL

(Country)

2. Issuer Name and Ticker or Trading Symbol
monday.com Ltd. [ MNDY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CRO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares	06/01/2026		M		5,897	D	$0	5,897	D
Ordinary Shares	06/02/2026		S⁽¹⁾		1,773	D	$90.7873	4,124	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽²⁾	06/01/2026		M			2,949	⁽³⁾	⁽³⁾	Ordinary Shares	2,949	⁽²⁾	8,849	D
Performance Restricted Stock Unit	⁽²⁾	06/01/2026		M			2,948	⁽⁴⁾	⁽⁴⁾	Ordinary Shares	2,948	⁽²⁾	8,850	D

Explanation of Responses:

1. Represents a mandatory sale to cover taxes associated with the vesting of equity awards held by the Reporting Person.

2. Each Restricted Stock Unit and Performance Restricted Stock Unit represents a contingent right to receive one Ordinary Share.

3. The Restricted Stock Units ("RSU") will vest quarterly over four years by 06/01/2029 with a one-year cliff and have no expiration date.

4. The performance conditions have been met but the PSU is subject to time-based vesting. The PSUs will vest quarterly by 06/01/2029 and have no expiration date.

	/s/ Shiran Nawi, as Attorney-in-Fact, for Casey George	06/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR