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Monster Beverage Corp·4

Mar 13, 8:15 PM ET

SACKS RODNEY C 4

Research Summary

AI-generated summary

Updated

Monster (MNST) Director Rodney C. Sacks Gifts and Disposes Shares

What Happened
Rodney C. Sacks, a director of Monster Beverage Corporation (MNST), was involved in non‑cash transfers on March 12, 2026: he received 8,262 shares as a gift (code G) and recorded three dispositions (code J) totaling 923,285 shares (276,109; 360,948; 286,228). All transactions are reported with $0.00 per‑share price, indicating transfers/distributions rather than open‑market sales for cash.

Key Details

  • Transaction date: March 12, 2026; Form 4 filed March 13, 2026 (appears timely).
  • Reported entries: 8,262 shares acquired (Gift, G); dispositions of 276,109 / 360,948 / 286,228 shares (Other, J). All reported at $0.00 per share.
  • Shares owned after transaction: not specified in the transaction lines provided. The filing notes a redistribution increased the number of shares directly owned by the reporting person (see footnotes).
  • Relevant footnotes:
    • F1/F4: Distribution of shares from Hilrod entities (Hilrod XV, XVIII, XXVI) increased the amount of shares directly owned by the reporting person; some shares are now owned by Sterling Trustees LLC and are not deemed beneficially owned by him.
    • F2/F3: Reporting person is managing member via personal trust and is/was a general partner of several Hilrod/Brandon entities; he disclaims beneficial ownership except to extent of pecuniary interest.
    • F10–F14: Other lines in the filing reference restricted stock units granted under the 2020 Omnibus Plan with vesting dates (notably March 14, 2026 and later installments).
  • Transaction codes explained: G = gift (non‑cash transfer); J = other acquisition/disposition (often internal transfers or distributions).
  • Market signal: These were non‑cash transfers/distributions, not open‑market purchases or cash sales; gifts and entity reallocations do not necessarily reflect a change in insider sentiment.

Context
Transfers coded as gifts or “other” with $0.00 price typically reflect internal reallocations, distributions from partnerships, or trustee transfers rather than executed sales for proceeds. Retail investors should note these are informational about ownership changes and may not signal buying or selling intent.