KELLY THOMAS J 4
4 · Monster Beverage Corp · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
Monster Beverage (MNST) CFO Thomas J. Kelly Sells 7,000 Shares
What Happened
Thomas J. Kelly, Chief Financial Officer of Monster Beverage Corporation (MNST), sold 7,000 shares in an open-market transaction on May 13, 2026 at $87.81 per share, generating proceeds of approximately $614,670. The filing (Form 4) reports this as a sale (code S); there is no indication in the excerpt that the sale resulted from an option exercise or tax-related withholding.
Key Details
- Transaction date and price: May 13, 2026 — 7,000 shares at $87.81 per share. Total proceeds ≈ $614,670.
- Transaction type: Open-market sale (Form 4 code S). No 10b5-1 plan or cashless exercise indicated in the provided excerpt.
- Shares owned after transaction: Not disclosed in the provided excerpt of the filing.
- Footnotes: The filing includes multiple footnotes about option and restricted stock unit vesting schedules (e.g., F1–F9 describe vesting timing and that certain options are vested). None of the provided footnotes explicitly tie this sale to an exercise or tax withholding. F2 notes a line reporting holdings only.
- Timeliness: Transaction reported on Form 4 filed May 15, 2026 for a May 13, 2026 trade — appears to be filed promptly.
Context
Insider sales are common and can reflect a variety of personal or portfolio-management reasons; they are not direct signals about company fundamentals. Purchases tend to be viewed as more informative for bullish insider sentiment. This particular filing documents an outright sale of already-held shares (open-market disposal) rather than an option exercise or grant.
Insider Transaction Report
- Sale
Common Stock
2026-05-13$87.81/sh−7,000$614,670→ 62,553 total
- 3,334
Employee Stock Option (right to buy)
[F1][F2]Exercise: $50.82Exp: 2033-03-14→ Common Stock - 3,334
Employee Stock Option (right to buy)
[F1][F2]Exercise: $50.82Exp: 2033-03-14→ Common Stock - 6,366
Employee Stock Option (right to buy)
[F3][F2]Exercise: $60.30Exp: 2034-03-14→ Common Stock - 14,000
Employee Stock Option (right to buy)
[F4][F2]Exercise: $55.09Exp: 2035-03-14→ Common Stock - 10,800
Employee Stock Option (right to buy)
[F5][F2]Exercise: $77.11Exp: 2036-03-13→ Common Stock - 1,000
Restricted Stock Units
[F6][F7][F8][F2]→ Common Stock - 3,375
Restricted Stock Units
[F6][F9][F8][F2]→ Common Stock - 3,600
Restricted Stock Units
[F6][F10][F8][F2]→ Common Stock
Footnotes (10)
- [F1]The options are fully vested.
- [F10]The restricted stock units vest in three equal installments on March 13, 2027, March 13, 2028 and March 13, 2029.
- [F2]No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
- [F3]The options are currently vested with respect to 3,366 shares. The remaining options vest on March 14, 2027.
- [F4]The options are currently vested with respect to 3,500 shares. The remaining options vest in three equal installments on March 14, 2027, March 14, 2028 and March 14, 2029.
- [F5]The options vest in three equal installments on March 13, 2027, March 13, 2028 and March 13, 2029.
- [F6]The restricted stock units were granted under the Monster Beverage Corporation 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.
- [F7]The restricted stock units vest on March 14, 2027.
- [F8]Not applicable.
- [F9]The restricted stock units vest in three equal installments on March 14, 2027, March 14, 2028 and March 14, 2029.