KELLY THOMAS J 4

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.