Monster Beverage CEO Rob Gehring Exercises RSUs; Sells 8,760 Shares

What Happened

• Rob L. Gehring, CEO, Americas of Monster Beverage (MNST), had restricted stock units (RSUs) convert to common shares on Sept 3, 2026. A total of 40,000 derivative units (two 20,000-unit entries) were reported as exercised/converted into shares. To satisfy tax withholding, 8,760 shares were withheld/sold at $44.08 per share, generating $386,141.
• This is a routine tax-withholding/share-settlement event following RSU vesting rather than a discretionary open-market sale or purchase.

Key Details

• Transaction date: September 3, 2026; Form filed: September 8, 2026 (filed after the typical 2-business-day window).
• Actions reported: M = exercise/conversion of derivative (RSU settlement into shares); F = payment of tax liability via withholding/sale of shares.
• Shares withheld/sold for taxes: 8,760 shares at $44.08 each, proceeds $386,141.
• Shares converted/issued: two entries of 20,000 each (total shown as 40,000 in this filing excerpt).
• Shares owned after the transaction: not specified in the excerpt provided.
• Notable footnotes: the August 10, 2026 2-for-1 stock split doubled the number of shares deliverable on awards and halved exercise prices (Footnotes F1–F3, F10). Vesting schedules for remaining RSUs are described in footnotes (F11, F12, F8).

Context

• This appears to be a net-share settlement/tax-withholding on vested RSUs (common practice). The withholding/sale of 8,760 shares to cover taxes is not necessarily a market-timing signal.
• For clarity: M indicates exercise/conversion of a derivative (here, RSUs converting into shares); F indicates shares surrendered/withheld to pay taxes.
• The filing was submitted five days after the reported transaction date, later than the usual 2-business-day deadline for Form 4 filings.