monday.com Cancels 10.9M Unissued Shares from 2021 Plan, Reducing Potential Dilution to 9.94%
MNDY sits 37% above its 52-week low of $57.5.
Summary
monday.com cancelled 10.875 million unissued shares from its 2021 Share Incentive Plan reserve, reducing potential dilution to 9.94%. The move is part of a periodic review and does not affect outstanding awards.
Key Events · Corporate Governance and Compliance · MNDY
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10.9M Share Reserve Cancelled
The Board cancelled 10,875,000 unissued ordinary shares previously reserved under the 2021 Share Incentive Plan, reducing the plan's share reserve.
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Dilution Reduced to 9.94%
Following the cancellation, total dilution under the 2021 Plan is 9.94% on a fully diluted basis as of July 1, 2026, down from a higher level implied by the prior reserve.
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No Impact on Outstanding Awards
The cancelled shares were not subject to any outstanding equity awards; existing grants to employees, officers, and directors are unaffected.
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Supplement to July 2 Proxy
This filing supplements the proxy statement for the August 6, 2026 Annual General Meeting, where shareholders will vote on executive and director compensation policies.
Analysis · MNDY · Technology
The Board cancelled 10.875 million unissued shares that had been reserved under the 2021 Share Incentive Plan, lowering the total dilution from that plan to 9.94% on a fully diluted basis. This is a shareholder-friendly move that reduces overhang and signals disciplined equity management, especially relevant ahead of the August 6 annual meeting where compensation policies are being voted on. The cancellation does not affect any outstanding awards and reflects a proactive review of equity needs.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 30.2% of the 1644 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.49%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, MNDY was trading at $78.69 on NASDAQ in the Technology sector, with a market capitalization of approximately $3.4B. The 52-week trading range was $57.50 to $296.94. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.