Monday.com Co-Founder Roy Mann Holds 11.2% Stake

TL;DR

**Roy Mann still owns 11.2% of monday.com, showing strong insider commitment.**

AI Summary

Roy Mann, a co-founder of monday.com Ltd., filed an amended SC 13G/A on February 7, 2024, indicating a change in his beneficial ownership of the company's Ordinary Shares as of December 31, 2023. Mann now beneficially owns 5,465,519 shares, representing 11.2% of the company's outstanding shares. This matters to investors because it shows a significant insider still holds a substantial stake, which can be a sign of confidence in the company's future, but a decrease from previous filings could signal a shift in his personal investment strategy.

Why It Matters

This filing updates Roy Mann's ownership in monday.com, providing transparency on a key insider's stake, which can influence investor sentiment and perceptions of company stability.

Risk Assessment

Risk Level: low — The filing indicates a significant insider maintains a substantial stake, which generally reduces perceived risk due to aligned interests.

Analyst Insight

Investors should note that a co-founder still holds a substantial stake, which can be a positive signal of long-term commitment, but should also monitor future filings for any significant changes in ownership that could indicate shifts in insider confidence.

Key Numbers

• 5,465,519 — Shares Beneficially Owned (Roy Mann's total shares with sole voting power as of December 31, 2023)
• 11.2% — Percentage of Class (Roy Mann's beneficial ownership percentage of monday.com's Ordinary Shares)
• December 31, 2023 — Date of Event (The date that triggered the requirement for this filing)
• February 7, 2024 — Filing Date (The date the SC 13G/A amendment was filed)

Key Players & Entities

• Roy Mann (person) — co-founder and reporting person for monday.com Ltd.
• monday.com Ltd. (company) — the issuer of the securities
• 06 Technology (company) — organization name associated with the subject company
• Israel (company) — citizenship or place of organization for Roy Mann

Forward-Looking Statements

• Roy Mann will maintain a significant ownership stake in monday.com Ltd. (Roy Mann) — high confidence, target: December 31, 2024

FAQ

Filing Documents

• zk2430897.htm (SC 13G/A) — 62KB
• 0001178913-24-000402.txt ( ) — 63KB

From the Filing

SC 13G/A 1 zk2430897.htm SC 13G/A Securities and Exchange Commission Washington, D.C. 20549 Schedule 13G (Rule 13d-102) Information to be Included in Statements Filed Pursuant to 240.13d-1(b), (c) and (d) and Amendments Thereto Filed Pursuant to 240.13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 2)* monday.com Ltd. (Name of Issuer) Ordinary Shares (Title of Class of Securities) M7S64H106 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. M7S64H106 Schedule 13G Page 2 of 5 1 Names of Reporting Persons Roy Mann 2 Check the Appropriate Box if a Member of a Group (a) (b) 3 SEC Use Only 4 Citizenship or Place of Organization Israel Number of Shares Beneficially Owned by Each Reporting Person With 5 Sole Voting Power 5,465,519 6 Shared Voting Power 0 7 Sole Dispositive Power 5,465,519 8 Shared Dispositive Power 0 9 Aggregate Amount Beneficially Owned by Each Reporting Person 5,465,519 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares Not Applicable 11 Percent of Class Represented by Amount in Row 9 11.2% 12 Type of Reporting Person IN CUSIP No. M7S64H106 Schedule 13G Page 3 of 5 ITEM 1. (a) Name of Issuer: monday.com Ltd. (the "Issuer"). (b) Address of Issuer's Principal Executive Offices: 6 Yitzhak Sadeh Street, Tel Aviv, 6777506 Israel ITEM 2. (a) Name of Person Filing: This statement is filed on behalf of Roy Mann (the "Reporting Person"). (b) Address or Principal Business Office: The business address of the Reporting Person is 6 Yitzhak Sadeh Street, Tel Aviv, 6777506 Israel. (c) Citizenship of each Reporting Person is: The Reporting Person is a citizen of Israel. (d) Title of Class of Securities: Ordinary Shares, no par value per share ("Ordinary Shares"). (e) CUSIP Number: M7S64H106 ITEM 3. Not applicable. CUSIP No. M7S64H106 Schedule 13G Page 4 of 5 ITEM 4. Ownership. (a-c) The ownership information presented below represents beneficial ownership of Ordinary Shares of the Issuer as of December 31, 2023 , based upon 48,923,903 Ordinary Shares outstanding as of December 31, 2023 , as provided by the Issuer. Reporting Person Amount beneficially owned Percent of class: Sole power to vote or to direct the vote: Shared power to vote or to direct the vote: Sole power to dispose or to direct the disposition of: Shared power to dispose or to direct the disposition of: Roy Mann 5,465,519 11.2 % 5,465,519 0 5,465,519 0 The Reporting Person is record holder of 5,465,519 Ordinary Shares, which consists of (i) 5,420,137 Ordinary Shares held of record by the Reporting Person and (ii) 45,382 Ordinary Shares underlying stock options and restricted stock units that are vested or will vest within 60 days of December 31, 2023. ITEM 5. Ownership of Five Percent or Less of a Class. Not applicable. ITEM 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable. ITEM 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not applicable. ITEM 8. Identification and Classification of Members of the Group. Not applicable. ITEM 9. Notice of Dissolution of Group. Not applicable. ITEM 10. Certification. Not applicable. CUSIP No. M7S64H106 Schedule 13G Page 5 of 5 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date : February 7, 2024 Roy Mann /s/ Roy Mann