Monster Beverage (MNST) director receives major stock and option awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Monster Beverage director Rodney C. Sacks reported compensation-related equity activity and tax withholdings. On March 13, 2026, he received 270,400 shares of common stock, 15,200 restricted stock units, and an employee stock option for 42,800 shares with a $77.11 exercise price expiring on March 13, 2036. The company withheld 137,580 shares of common stock at $77.11 per share to cover tax obligations. On March 14, 2026, previously granted performance and restricted stock units for a total of 56,201 shares were settled in common stock, and a further 28,073 shares were withheld at $77.05 per share for taxes. After these transactions, Sacks directly held 897,899 shares of common stock, in addition to large indirect holdings through partnerships and an LLC in which he has interests and partially disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
56,201 shares exercised/converted
Mixed
27 txns
Insider
SACKS RODNEY C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 22,534 | $0.00 | -- |
| Exercise | Restricted Stock Units | 19,333 | $0.00 | -- |
| Exercise | Restricted Stock Units | 14,334 | $0.00 | -- |
| Exercise | Common Stock | 22,534 | $0.00 | -- |
| Exercise | Common Stock | 19,333 | $0.00 | -- |
| Exercise | Common Stock | 14,334 | $0.00 | -- |
| Tax Withholding | Common Stock | 28,073 | $77.05 | $2.16M |
| Grant/Award | Employee Stock Option (right to buy) | 42,800 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 15,200 | $0.00 | -- |
| Grant/Award | Common Stock | 270,400 | $0.00 | -- |
| Tax Withholding | Common Stock | 137,580 | $77.11 | $10.61M |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 892,305 shares (Direct);
Employee Stock Option (right to buy) — 42,800 shares (Direct);
Employee Stock Option (right to buy) — 0 shares (Indirect, By Hilrod Holdings XXIII, L.P.);
Common Stock — 100,000 shares (Indirect, By RCS1, LLC)
Footnotes (1)
- Received upon the achievement of the vesting criteria applicable to performance share units granted under the Monster Beverage Corporation 2020 Omnibus Incentive Plan (the "2020 Omnibus Incentive Plan"), achievement of which was certified by the Compensation Committee of the Company's Board of Directors. Each performance share unit represents a contingent right to receive one share of the Company's common stock as of the applicable vesting date. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock as of the vesting date. Accordingly, these restricted stock units were settled in shares of common stock. Reporting person is the managing member of the limited liability company through his personal trust. Reporting person (i) is one of the general partners of each of Brandon Limited Partnership No. 1, Brandon Limited Partnership No. 2, Hilrod Holdings XXIII, L.P. and Hilrod Holdings XXVI, L.P. and (ii) disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. The options are currently vested. No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. The options are currently vested with respect to 102,334 shares. The remaining options vest on March 14, 2027. The options are currently vested with respect to 38,434 shares. The remaining options vest in two installments as follows: 38,433 shares on March 14, 2027 and 38,433 shares on March 14, 2028. The options vest in three installments as follows: 14,267 shares on March 13, 2027; 14,267 shares on March 13, 2028 and 14,266 shares on March 13, 2029. The restricted stock units were granted under the 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. The restricted stock units are fully vested. Not applicable. The remaining restricted stock units vest on March 14, 2027. The remaining restricted stock units vest in two equal installments on March 14, 2027 and March 14, 2028. The restricted stock units vest in three installments as follows: 5,067 units on March 13, 2027, 5,067 units on March 13, 2028 and 5,066 units on March 13, 2029.
FAQ
What equity awards did Rodney Sacks receive in Monster Beverage (MNST)?
Rodney Sacks received 270,400 shares of Monster Beverage common stock, 15,200 restricted stock units, and an employee stock option for 42,800 shares at a $77.11 exercise price as of March 13, 2026, all as compensation-related awards.
What performance and restricted stock units vested for Rodney Sacks at Monster Beverage?
Previously granted performance and restricted stock units totaling 56,201 units vested and were settled in Monster Beverage common stock on March 14, 2026. Each unit represented a contingent right to receive one share upon certification and vesting conditions being met.