Summary by Moomoo AI
Roy Mann, an officer of Monday.com Ltd., plans to sell 50,000 ordinary shares on 12/16/2024. The aggregate market value of the shares to be sold is approximately $13.65 million. These shares were originally acquired as founder shares on 06/29/2017.Over the past three months, Mann has sold a total of 140,000 shares, generating gross proceeds of about $41.05 million. The sales occurred in six transactions between 09/20/2024 and 11/07/2024, with amounts ranging from 9,000 to 30,000 shares per transaction.The current sale is part of a plan adopted on 09/15/2024. This transaction continues the pattern of significant insider selling at Monday.com, potentially indicating the officer's personal financial planning or views on the company's valuation.
