Summary by Moomoo AI
Eran Zinman, an officer at monday.com, plans to sell 76,000 ordinary shares on 12/04/2024. The aggregate market value of these shares is approximately $21.34 million. This transaction follows a series of sales over the past three months, where a total of 65,110 shares were sold, generating gross proceeds of about $17.98 million.The shares to be sold were acquired through the exercise of options on 03/27/2016. The transaction was completed with a cash payment upon exercise. This upcoming sale is part of a planned strategy, with the plan being adopted on 09/05/2024. Investors should note the significant volume of shares being sold by a key officer, which may impact market perceptions.
