| FORM 3 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
(Country) | 2. Date of Event Requiring Statement
(Month/Day/Year) 03/18/2026 | 3. Issuer Name and Ticker or Trading Symbol
monday.com Ltd. [ MNDY ] | |||||||||||||||
| 3a. Foreign Trading Symbol
| 5. If Amendment, Date of Original Filed
(Month/Day/Year) | ||||||||||||||||
| 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
| 6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
|---|---|---|---|
| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Ordinary Shares | 19,944 | D | |
| Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
|---|---|---|---|---|---|---|---|
| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Restricted Stock Units | (1) | (1) | Ordinary Shares | 1,457 | (2) | D | |
| Restricted Stock Units | (3) | (3) | Ordinary Shares | 4,116 | (2) | D | |
| Restricted Stock Units | (4) | (4) | Ordinary Shares | 5,995 | (2) | D | |
| Restricted Stock Units | (5) | (5) | Ordinary Shares | 29,731 | (2) | D | |
| Performance Restricted Stock Unit | (6) | (6) | Ordinary Shares | 2,744 | (2) | D | |
| Performance Restricted Stock Unit | (7) | (7) | Ordinary Shares | 5,996 | (2) | D | |
| Stock Option | (8) | 02/14/2031 | Ordinary Shares | 25,568 | $9.38 | D | |
| Stock Option | (9) | 02/22/2032 | Ordinary Shares | 18,824 | $211.78 | D | |
| Stock Option | (10) | 02/08/2033 | Ordinary Shares | 11,652 | $120.51 | D | |
| Explanation of Responses: |
| 1. (The Restricted Stock Units ("RSU") will vest quarterly over four years by 02/08/2027 and have no expiration date. |
| 2. Each RSU and Performance Restricted Stock Unit ("PSU") represents a contingent right to receive one Ordinary Share. |
| 3. The RSUs will vest quarterly over four years by 01/01/2028 and have no expiration date. |
| 4. The RSUs will vest quarterly over four years by 01/01/2029 and have no expiration date. |
| 5. The RSUs will vest quarterly over four years by 03/12/2030 and have no expiration date. |
| 6. The performance conditions have been met but the PSU is subject to time-based vesting. The PSU will vest quarterly by 03/13/2028 and have no expiration date. |
| 7. The performance conditions have been met but the PSU is subject to time-based vesting. The PSU will vest quarterly by 03/13/2029 and have no expiration date. |
| 8. The stock option is fully vested and exercisable. |
| 9. The stock option is fully vested and exercisable. |
| 10. The stock option will vest quarterly over four years by 02/08/2027. |
| Remarks: |
| [Exhibit 24 - Power of Attorney.] |
| /s/ Shiran Nawi, attorney-in-fact for Daniel Lereya | 03/18/2026 | |
| ** 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 5 (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 3: SEC 1473 (03-26) | ||