SCHLOSBERG HILTON H 4
Research Summary
AI-generated summary
Monster (MNST) Vice Chairman/CEO Hilton H. Schlosberg Transfers ~924K Shares
What Happened
Hilton H. Schlosberg, Vice Chairman, CEO and a director of Monster Beverage Corp (MNST), reported multiple gift/transfer transactions on March 12, 2026. The filing shows a gift acquisition of 10,206 shares (code G, $0.00) and disposals totaling 924,420 shares (codes G and J, $0.00) across four reported disposition lines (1,135; 276,109; 360,948; 286,228). These were transfers/distributions at no cash price (each reported at $0.00). Net, the reporting person’s directly held shares decreased by roughly 914,214 shares, though footnotes indicate some shares were distributed to him and some were moved to a trustee.
Key Details
- Transaction date: March 12, 2026 (reported on Form 4 filed March 13, 2026)
- Codes: G = Gift; J = Other acquisition/disposition (transfer/distribution)
- Shares: +10,206 (gifted to him), disposals of 1,135; 276,109; 360,948; 286,228 — total disposals 924,420 shares; net change ≈ -914,214 shares
- Price: $0.00 on all reported lines (no cash consideration)
- Shares owned after transaction: not explicitly stated in the excerpt; footnotes say direct ownership increased for certain distributed shares while other shares are now held by Sterling Trustees LLC and not deemed beneficially owned by the reporting person
- Notable footnotes: F1–F3 describe distributions from Hilrod-related partnerships and that the reporting person (a general partner) disclaims beneficial ownership of certain partnership holdings except for his pecuniary interest; F3 notes some distributed shares became directly owned by Schlosberg and remaining shares are held by a trustee
- Timeliness: Filing was made one day later (reporting period 3/12, filed 3/13) — appears timely
Context
- These reported entries are gifts/transfers and “other” dispositions (not open-market sales). Gifts and internal distributions/transfers generally do not signal the same market sentiment as outright sales; they can reflect estate planning, trust transfers, or partnership distributions.
- Footnotes indicate the transactions involved distributions from partnerships (Hilrod entities) and transfers to a trustee (Sterling Trustees LLC), which affects whether shares are considered beneficially owned by Schlosberg.
- No option exercises or cashless transactions are reported in these lines.