SCHLOSBERG HILTON H 4
Research Summary
AI-generated summary
Monster (MNST) Vice Chairman & CEO Hilton Schlosberg Transfers 1.15M Shares
What Happened
- Hilton H. Schlosberg, Vice Chairman and CEO of Monster Beverage Corp (MNST), reported dispositions on May 22, 2026: he transferred 1,151,867 shares to trusts (reported as "other disposition (J)") and gifted 5,908 shares (reported as "G"). Both transactions show $0 proceeds (no open‑market sale).
- Per the filing footnote, the 1,151,867 shares were moved into trusts for which Sterling Trustees LLC is trustee; Schlosberg no longer has voting or dispositive power over those shares and therefore is not deemed to beneficially own them. The gift likewise conveys ownership without cash proceeds.
Key Details
- Transaction date: May 22, 2026. Report filed: May 27, 2026 (appears to be filed after the typical two-business-day Form 4 window).
- Prices reported: $0.00 per share (transfer to trusts and gift — not an open-market sale); total cash proceeds = $0.
- Shares moved: 1,151,867 transferred to trusts; 5,908 gifted.
- Shares owned after transaction: filing notes Schlosberg is no longer deemed to beneficially own the 1,151,867 transferred shares; the filing does not state his total remaining beneficial holdings in this summary section.
- Notable footnotes: F1 explains the transfer to trusts and loss of voting/dispositive power. Other footnotes (F8–F12, F3–F7, etc.) in the filing describe outstanding options and restricted stock unit vesting schedules but do not affect these transfer/gift transactions.
Context
- These were not open‑market sales or purchases: transfers to trusts and gifts do not generate cash proceeds and do not necessarily signal a change in sentiment about the company. Transfers to trusts often reflect estate planning or asset-management steps; gifts are personal transfers. No options were exercised or shares sold for cash in these reported transactions.