SACKS RODNEY C 4

What Happened
Rodney C. Sacks, a director of Monster Beverage Corporation (MNST), exercised a series of vested derivative awards (transaction code M) on May 8, 2026 to acquire a total of 16,903 shares. The exercises occurred at multiple strike prices: 3,404 shares @ $29.37, 3,350 @ $29.84, 3,204 @ $31.20, 2,248 @ $44.47, 2,730 @ $36.62, and 1,967 @ $50.82. The combined cash paid for these exercises was approximately $599,809. The filing also reports the corresponding derivative positions as disposed at $0, which reflects conversion/surrender of the derivative instruments upon exercise.

Key Details

• Transaction date: May 8, 2026 (reported on Form 4 filed May 12, 2026); filing appears timely under the two-business-day rule.
• Activity: Multiple option/derivative exercises (SEC code M) resulting in acquisition of 16,903 common shares.
• Prices & amounts:
  • 3,404 shares @ $29.37 = $99,975
  • 3,350 shares @ $29.84 = $99,964
  • 3,204 shares @ $31.20 = $99,965
  • 2,248 shares @ $44.47 = $99,969
  • 2,730 shares @ $36.62 = $99,973
  • 1,967 shares @ $50.82 = $99,963
  • Total cash paid ≈ $599,809.
• Shares owned after the transaction: not specified in the excerpt of the filing provided.
• Relevant footnote: F1 notes the reporting person acts as managing member of the LLC through his personal trust. Transaction code M = exercise/conversion of a derivative.
• No indication in the filing that the acquired shares were immediately sold (this was an acquisition, not an immediate disposition or cashless sale).

Context
An "M" code exercise means the insider converted options/derivatives into common shares. Reporting the derivative instrument as disposed for $0 is standard when the option is surrendered upon exercise. Purchases (or exercises that result in acquired shares) are generally viewed by retail investors as more informative than routine sales, but filings do not disclose the insider's motivation.