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Monster Beverage Corp·4

Mar 17, 7:14 PM ET

SACKS RODNEY C 4

4 · Monster Beverage Corp · Filed Mar 17, 2026

Research Summary

AI-generated summary of this filing

Updated

Monster (MNST) Director Rodney Sacks Receives Awards, Surrenders Shares

What Happened

  • Rodney C. Sacks, a director of Monster Beverage Corp (MNST), received awards (performance share units and restricted stock units) that vested on March 13–14, 2026 totaling 328,400 units. To satisfy tax-withholding obligations related to the vesting, he surrendered 165,653 shares to the company (payment of tax liability), receiving cash proceeds of approximately $12,771,819. Separately, 56,201 derivative shares were exercised/converted on March 14, 2026.

Key Details

  • Primary dates: grants/vesting recorded March 13–14, 2026; Form 4 filed March 17, 2026 (timely).
  • Awards granted/vested: 328,400 units (270,400 + 42,800 + 15,200).
  • Tax-withholding surrender (code F): 137,580 shares @ $77.11 = $10,608,794 (3/13) and 28,073 shares @ $77.05 = $2,163,025 (3/14). Total surrendered = 165,653 shares for ~$12,771,819.
  • Exercises/conversions (code M): 22,534 + 19,333 + 14,334 = 56,201 shares converted/acquired on 3/14.
  • Shares owned after the transactions: not specified in the provided filing excerpt.
  • Relevant footnotes: vesting and settlement under the Monster Beverage 2020 Omnibus Incentive Plan. F1 notes PSUs vested as certified by the Compensation Committee; F2/F10/F11 describe RSUs settled in shares and vesting status/schedules (some units fully vested; some have future vesting dates).
  • Transaction codes: A = Award/Grant, M = Exercise/Conversion of derivative, F = Payment for exercise price or tax withholding.

Context

  • This was primarily a vesting/settlement event, not an open-market sale. The surrendered shares were used to cover tax withholding (a common, administrative "sell-to-cover" activity), not necessarily a signal of changed insider sentiment.
  • For retail investors: awards vesting and related tax-withholdings are routine for insiders receiving compensation. The key takeaway is the size of the award and the fact some units were fully vested (per footnotes), which increases the insider's realized compensation but does not by itself indicate bullish or bearish trading intent.

Insider Transaction Report

Form 4
Period: 2026-03-13
Monster Beverage CorpMNST
SACKS RODNEY C
Director
Transactions
  • Award

    Common Stock

    [F1]
    2026-03-13+270,400→ 1,007,351 total
  • Tax Payment

    Common Stock

    2026-03-13$77.11/sh−137,580$10,608,794→ 869,771 total
  • Exercise/Conversion

    Common Stock

    [F2]
    2026-03-14+22,534→ 892,305 total
  • Exercise/Conversion

    Common Stock

    [F2]
    2026-03-14+19,333→ 911,638 total
  • Exercise/Conversion

    Common Stock

    [F2]
    2026-03-14+14,334→ 925,972 total
  • Tax Payment

    Common Stock

    2026-03-14$77.05/sh−28,073$2,163,025→ 897,899 total
  • Award

    Employee Stock Option (right to buy)

    [F9]
    2026-03-13+42,800→ 42,800 total
    Exercise: $77.11Exp: 2036-03-13→ Common Stock (42,800 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F10][F11][F12]
    2026-03-14−22,534→ 0 total
    → Common Stock (22,534 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F10][F13][F12]
    2026-03-14−19,333→ 19,334 total
    → Common Stock (19,333 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F10][F14][F12]
    2026-03-14−14,334→ 28,666 total
    → Common Stock (14,334 underlying)
  • Award

    Restricted Stock Units

    [F10][F15][F12]
    2026-03-13+15,200→ 15,200 total
    → Common Stock (15,200 underlying)
Holdings

  • Common Stock

    [F3]
    (indirect: By LLC)
    100,000

  • Common Stock

    [F4]
    (indirect: By Partnership)
    11,291,136

  • Common Stock

    [F4]
    (indirect: By Partnership)
    58,773,888

  • Employee Stock Option (right to buy)

    [F5][F6]
    Exercise: $29.37Exp: 2028-03-14→ Common Stock
    3,404

  • Employee Stock Option (right to buy)

    [F5][F6][F4]
    (indirect: By Hilrod Holdings XXIII, L.P.)
    Exercise: $29.37Exp: 2028-03-14→ Common Stock
    172,596

  • Employee Stock Option (right to buy)

    [F5][F6][F4]
    (indirect: By Hilrod Holdings XXVI, L.P.)
    Exercise: $29.37Exp: 2028-03-14→ Common Stock
    352,000

  • Employee Stock Option (right to buy)

    [F5][F6]
    Exercise: $29.84Exp: 2029-03-14→ Common Stock
    194,400

  • Employee Stock Option (right to buy)

    [F5][F6][F4]
    (indirect: By Hilrod Holdings XXIII, L.P.)
    Exercise: $29.84Exp: 2029-03-14→ Common Stock
    194,400

  • Employee Stock Option (right to buy)

    [F5][F6][F4]
    (indirect: By Hilrod Holdings XXVI, L.P.)
    Exercise: $29.84Exp: 2029-03-14→ Common Stock
    194,400

  • Employee Stock Option (right to buy)

    [F5][F6]
    Exercise: $31.20Exp: 2030-03-13→ Common Stock
    212,668

  • Employee Stock Option (right to buy)

    [F5][F6][F4]
    (indirect: By Hilrod Holdings XXIII, L.P.)
    Exercise: $31.20Exp: 2030-03-13→ Common Stock
    170,132

  • Employee Stock Option (right to buy)

    [F5][F6]
    Exercise: $44.47Exp: 2031-03-12→ Common Stock
    259,800

  • Employee Stock Option (right to buy)

    [F5][F6]
    Exercise: $36.62Exp: 2032-03-14→ Common Stock
    291,400

  • Employee Stock Option (right to buy)

    [F5][F6]
    Exercise: $50.82Exp: 2033-03-14→ Common Stock
    183,000

  • Employee Stock Option (right to buy)

    [F7][F6]
    Exercise: $60.30Exp: 2034-03-14→ Common Stock
    153,500

  • Employee Stock Option (right to buy)

    [F8][F6]
    Exercise: $55.09Exp: 2035-03-14→ Common Stock
    115,300
Footnotes (15)
  • [F1]Received upon the achievement of the vesting criteria applicable to performance share units granted under the Monster Beverage Corporation 2020 Omnibus Incentive Plan (the "2020 Omnibus Incentive Plan"), achievement of which was certified by the Compensation Committee of the Company's Board of Directors. Each performance share unit represents a contingent right to receive one share of the Company's common stock as of the applicable vesting date.
  • [F10]The restricted stock units were granted under the 2020 Omnibus Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock as of the vesting date.
  • [F11]The restricted stock units are fully vested.
  • [F12]Not applicable.
  • [F13]The remaining restricted stock units vest on March 14, 2027.
  • [F14]The remaining restricted stock units vest in two equal installments on March 14, 2027 and March 14, 2028.
  • [F15]The restricted stock units vest in three installments as follows: 5,067 units on March 13, 2027, 5,067 units on March 13, 2028 and 5,066 units on March 13, 2029.
  • [F2]Each restricted stock unit represents a contingent right to receive one share of the Company's common stock as of the vesting date. Accordingly, these restricted stock units were settled in shares of common stock.
  • [F3]Reporting person is the managing member of the limited liability company through his personal trust.
  • [F4]Reporting person (i) is one of the general partners of each of Brandon Limited Partnership No. 1, Brandon Limited Partnership No. 2, Hilrod Holdings XXIII, L.P. and Hilrod Holdings XXVI, L.P. and (ii) disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
  • [F5]The options are currently vested.
  • [F6]No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
  • [F7]The options are currently vested with respect to 102,334 shares. The remaining options vest on March 14, 2027.
  • [F8]The options are currently vested with respect to 38,434 shares. The remaining options vest in two installments as follows: 38,433 shares on March 14, 2027 and 38,433 shares on March 14, 2028.
  • [F9]The options vest in three installments as follows: 14,267 shares on March 13, 2027; 14,267 shares on March 13, 2028 and 14,266 shares on March 13, 2029.
Signature
Paul J. Dechary, attorney-in-fact|2026-03-17

Documents

1 file
  • 4
    form4.xmlPrimary