Family trust tied to Monster (MNST) director sells 54K shares
Rhea-AI Filing Summary
Monster Beverage Corp director-related trust reports option exercises and share sale. The MJCF Hall Family Trust, for which director Mark J. Hall serves as co-trustee, sold 54,000 shares of Monster Beverage common stock in an open-market transaction at a weighted average price of $85.81 per share.
On the same date, the trust exercised stock options to acquire a total of 54,000 common shares at exercise prices of $36.62, $44.47, $50.82 and $60.30 per share. Following these transactions, the trust holds 299,246 Monster Beverage shares indirectly. Hall also retains vested and unvested employee stock options held directly, with various exercise prices and expirations through 2034.
Positive
- None.
Negative
- None.
Insights
Routine option exercises paired with a moderate open-market sale.
The filing shows the MJCF Hall Family Trust, associated with Monster Beverage director Mark J. Hall, sold 54,000 common shares at a weighted average of $85.81 after exercising stock options for 54,000 shares at lower strike prices ranging from $36.62 to $60.30.
This pattern reflects an exercise-and-sell sequence: options are converted into shares and a portion is sold, while the trust still holds 299,246 shares indirectly. Hall also continues to hold employee stock options directly, with strike prices between $36.62 and $60.30 and expirations from 2031 to 2034, indicating ongoing equity exposure.
The net effect is a reduction of the trust’s share position but not an exit. Since the sale size is modest relative to the remaining holdings and no Rule 10b5-1 trading plan is referenced, this appears as a routine liquidity event rather than a thesis-changing signal for investors.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 12,000 | $0.00 | -- |
| Exercise | Employee Stock Option (right to buy) | 15,000 | $0.00 | -- |
| Exercise | Employee Stock Option (right to buy) | 12,000 | $0.00 | -- |
| Exercise | Employee Stock Option (right to buy) | 15,000 | $0.00 | -- |
| Exercise | Common Stock | 12,000 | $44.47 | $534K |
| Exercise | Common Stock | 15,000 | $36.62 | $549K |
| Exercise | Common Stock | 12,000 | $50.82 | $610K |
| Exercise | Common Stock | 15,000 | $60.30 | $905K |
| Sale | Common Stock | 54,000 | $85.81 | $4.63M |
Footnotes (1)
- The reporting person serves as co-trustee of the MJCF Hall Family Trust, of which the reporting person and his wife are trustees and beneficiaries. This transaction was executed in multiple trades at prices ranging from $85.64 to $86.02. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. The options are fully vested. The options are currently vested with respect to 15,000 shares. The remaining options vest on March 14, 2027. The options are currently vested with respect to 12,000 shares. The remaining options vest in two installments as follows: 15,000 shares on March 14, 2027 and 18,000 shares on March 14, 2028. The options are currently vested with respect to 15,000 shares. The remaining options vest in three installments as follows: 12,000 shares on March 14, 2027; 15,000 shares on March 14, 2028 and 18,000 shares on March 14, 2029.