Monster Beverage director gifts 11,585 shares
Monster Beverage Corp director Rodney C. Sacks reported non-market changes to his holdings.
Rhea-AI Filing Summary
Monster Beverage Corp director Rodney C. Sacks reported non-market changes to his holdings. He made a bona fide gift of 11,585 shares of Monster Beverage common stock at a reported price of $0.00 per share, meaning no sale proceeds were received.
Separately, 697,495 directly held shares were transferred to trusts for which Sterling Trustees LLC serves as trustee, and Sacks no longer has voting or dispositive power over those shares. After these transactions, he directly holds 205,722 common shares, and continues to have large indirect interests through entities such as Brandon Limited Partnership No. 1 and No. 2 and various Hilrod Holdings partnerships.
Positive
- None.
Negative
- None.
Insider Trade Summary
11,585 shares gifted
Gift
21 txns
Insider
SACKS RODNEY C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 697,495 | $0.00 | $0.00 |
| Gift | Common Stock | 11,585 | $0.00 | $0.00 |
| 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 | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 205,722 shares (Direct);
Employee Stock Option (right to buy) — 0 contracts (Indirect, By Hilrod Holdings XXIII, L.P.);
Employee Stock Option (right to buy) — 0 contracts (Indirect, By Hilrod Holdings XXVI, L.P.);
Employee Stock Option (right to buy) — 0 contracts (Direct);
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 100,000 shares (Indirect, By RCS1, LLC);
Common Stock — 11,291,136 shares (Indirect, By Brandon Limited Partnership No. 1);
Common Stock — 58,773,888 shares (Indirect, By Brandon Limited Partnership No. 2)
Footnotes (13)
- F1. Reflects the transfer of 697,495 shares owned directly by the reporting person to trusts (of which Sterling Trustees LLC is trustee). The reporting person no longer has voting or dispositive power over, and therefore is not deemed to beneficially own, any of the shares held by these trusts.
- F2. Reporting person is the managing member of the limited liability company through his personal trust.
- F3. 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.
- F4. The options are currently vested.
- F5. No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
- F6. The options are currently vested with respect to 102,334 shares. The remaining options vest on March 14, 2027.
- F7. 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.
- F8. 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.
- F9. The restricted stock units were granted under the Monster Beverage Corporation 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.
- F10. The restricted stock units vest on March 14, 2027.
- F11. Not applicable.
- F12. The restricted stock units vest in two equal installments on March 14, 2027 and March 14, 2028.
- F13. 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.
Key Figures
Gifted shares: 11,585 shares
Trust transfer: 697,495 shares
Direct holdings after transactions: 217,307 shares
+5 more
8 metrics
Gifted shares
11,585 shares
Bona fide gift of common stock on 2026-05-22
Trust transfer
697,495 shares
Shares moved from direct ownership to trusts on 2026-05-22
Direct holdings after transactions
217,307 shares
Common stock directly held following reported changes
Indirect Brandon LP No. 2
58,773,888 shares
Indirect common stock position via Brandon Limited Partnership No. 2
Indirect Brandon LP No. 1
11,291,136 shares
Indirect common stock position via Brandon Limited Partnership No. 1
Hilrod-related holding
100,000 shares
Indirect common stock holding via RCS1, LLC
Option strike price
$77.11/share
Employee stock option exercise price expiring on 2036-03-13
Option strike price
$29.37/share
Employee stock option exercise price expiring on 2028-03-14
Key Terms
bona fide gift, Other acquisition or disposition, Employee Stock Option (right to buy), Restricted Stock Units, +1 more
5 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift" for 11,585-share transfer"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Other acquisition or disposition financial
"transaction_code_description: "Other acquisition or disposition" for 697,495 shares"
Employee Stock Option (right to buy) financial
"security_title: "Employee Stock Option (right to buy)" with various strike prices"
Restricted Stock Units financial
"security_title: "Restricted Stock Units" with underlying Common Stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
pecuniary interest financial
"footnote: "disclaims beneficial ownership ... except to the extent of his pecuniary interest""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Rodney Sacks report at Monster Beverage (MNST)?
Rodney C. Sacks reported a bona fide gift of 11,585 Monster Beverage common shares and a separate transfer of 697,495 directly held shares to trusts. Both transactions were reported at $0.00 per share, indicating no sales proceeds were involved.
Does Rodney Sacks still have indirect ownership in Monster Beverage through partnerships?
Yes. The data show large indirect positions, including 58,773,888 shares through Brandon Limited Partnership No. 2 and 11,291,136 shares through Brandon Limited Partnership No. 1. He disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.
Were any Monster Beverage stock options or restricted stock units exercised in this filing?
The filing lists multiple employee stock options and restricted stock units with various exercise prices and vesting schedules. However, the relevant entries are marked as holdings only, and a footnote clarifies that no transaction is being reported for these derivative securities at this time.
AI-generated analysis. How Rhea-AI works. Not financial advice.
