Tirre Emelie 4
Research Summary
AI-generated summary
Monster Beverage (MNST) CSO Tirre Emelie Receives Awards, Sells Shares
What Happened
Tirre Emelie, Chief Strategy Officer of Monster Beverage (MNST), received equity awards (restricted stock units and related derivative settlements) and completed several derivative conversions in mid‑March 2026. On March 13, Emelie was granted a total of ~42,800 shares (RSUs/awards at $0). Portions of converted/issued shares were withheld or sold to cover exercise costs and tax liabilities: 18,466 shares were disposed under tax/withholding actions for aggregate proceeds of approximately $1,423,584 (three withholdings at ~$76.99, $77.11 and $77.05).
Key Details
- Main dates: March 12–14, 2026 (Form filed March 16, 2026 — appears timely).
- Grants: ~42,800 shares awarded on March 13, 2026 (reported as $0 grants / RSUs under the 2020 Omnibus Incentive Plan).
- Exercises/conversions: Derivative exercises or conversions reported on March 12 and March 14 totaling ~9,090 shares converted to common stock.
- Tax/withholding disposals (code F): 855 shares @ $76.99 = $65,826; 13,840 shares @ $77.11 = $1,067,202; 3,771 shares @ $77.05 = $290,556. Total disposed for tax/exercise ≈ 18,466 shares / $1,423,584.
- Holdings after transactions: not reported here; see the full Form 4 for the Reporting Person’s post‑transaction holdings.
- Footnotes of note: RSUs were granted under the 2020 Omnibus Incentive Plan and represent a contingent right to one share at vesting (see F1, F10). Some awards are fully vested (F11); others vest in installments through 2027–2029 (F13–F17). Several derivative items reflect option/award conversions (code M) and tax withholding (code F).
Context
These filings show awards being issued and the common practice of withholding or selling shares to satisfy taxes/exercise costs (a routine administrative action, not necessarily a directional bet). Transactions include derivative exercises/conversions (M), awards/grants (A), and tax/withholding dispositions (F). No indication of a 10b5‑1 plan or a late filing is shown; the Form 4 was filed within the SEC’s two‑business‑day reporting window.