Douglas William W III 4
Research Summary
AI-generated summary
Monster Beverage (MNST) Director Douglas William W III Receives RSU Awards
What Happened
Douglas William W III, a non-employee director of Monster Beverage Corp (MNST), had restricted stock units (derivative awards) settle and received additional awards in mid‑May 2026. The filing shows: a conversion/exercise-type line for 2,748 derivative units on 2026-05-13, a concurrent 2,748-unit award/settlement on 2026-05-13, and a 2,039-unit award on 2026-05-14. Prices reported are $0.00 or N/A, so no cash purchase was made and no dollar total is provided in the filing.
Key Details
- Transaction dates: 2026-05-13 (2,748 units converted/awarded) and 2026-05-14 (2,039 units awarded). Total units involved = 4,787.
- Prices: reported as $0.00 or N/A — these are compensation awards/settlements, not open‑market purchases.
- Shares owned after transaction: not specified in the excerpt of the filing provided.
- Footnotes of note:
- F2/F4/F6: These are restricted stock units (RSUs) or deferred stock units, each economically equivalent to one share when settled. F2 notes some RSUs were settled as shares and the reporting person elected to defer them.
- F5: The 2,039 RSUs vest 100% on the last business day before the Company's 2027 annual meeting, subject to continued board service.
- F7/F8: Deferred units are credited under the Monster Beverage Deferred Compensation Plan for Non‑Employee Directors and generally settle in stock (or cash in certain circumstances) at a later date or upon separation/change in control.
- F1: One line indicates no transaction is being reported and is only reporting holdings as of the date hereof.
- Filing date and timeliness: Form 4 filed 2026-05-15 reporting activity through 2026-05-13; this appears to be within the typical two-business‑day Form 4 reporting window.
Context
- These entries reflect director compensation (RSU grants/settlements) and deferral elections rather than purchases or open‑market sales. Such awards are routine for non-employee directors and do not necessarily signal an insider view of the company’s near‑term prospects.
- For retail investors, purchases (open‑market buys) can be more informative about confidence than routine awards; these transactions are primarily compensation accounting and deferred for later settlement per the plan terms.