Monster Beverage (MNST) director awarded RSUs and defers exercised shares into stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Monster Beverage Corp director Tiffany M. Hall reported compensation-related equity awards and an option exercise. She received 2,039 restricted stock units (RSUs) that vest in full on the last business day before the company’s 2027 annual stockholder meeting, subject to her continued board service.
She also exercised 2,748 RSUs into common stock at a conversion price of $0.00 and elected to defer the resulting shares into 2,748 deferred stock units, which are economically equivalent to common shares and will be settled in stock under the company’s deferred compensation plan for non-employee directors.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,748 shares exercised/converted
Mixed
3 txns
Insider
Hall Tiffany M.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,039 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,748 | $0.00 | -- |
| Grant/Award | Deferred Stock Units | 2,748 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,039 shares (Direct, null);
Deferred Stock Units — 16,615 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents either (i) a contingent right to receive one share of the Company's common stock or (ii) a cash amount equal to the number of shares received as of the vesting date. These restricted stock units were settled as shares of common stock and the reporting person has elected to defer the same. See footnote 6 below. Not applicable. Each restricted stock unit represents either (i) a contingent right to receive one share of the Company's common stock or (ii) a cash amount equal to the number of shares received as of the vesting date. The restricted stock units vest with respect to 100% of such restricted stock units on the last business day prior to the Company's 2027 annual stockholder meeting, provided that the reporting person continues as a director of the Company through such date. Each deferred stock unit is economically equivalent to one share of the Company's common stock. Deferred stock units credited to the reporting person under the Monster Beverage Corporation Deferred Compensation Plan for Non-Employee Directors (the "Deferral Plan"), a sub-plan of the Monster Beverage Corporation 2017 Compensation Plan for Non-Employee Directors as Amended and Restated on February 23, 2022, which may include voluntary deferred compensation. The deferred stock units credited under the Deferral Plan are settled (other than fractional units) in stock and are generally payable in the form elected or provided under the Deferral Plan on the earliest of: (i) a specified date or event designated by the reporting person, (ii) in the calendar year following the year in which the reporting person's service with the Board of Directors of the Company separates, or (iii) upon death, disability or change in control as defined under the Deferral Plan.
Key Figures
RSU grant: 2,039 units
RSU exercise: 2,748 units
Deferred stock units credited: 2,748 units
+2 more
5 metrics
RSU grant
2,039 units
Restricted stock units awarded to director; underlying common stock
RSU exercise
2,748 units
Restricted stock units exercised into common stock at $0.00
Deferred stock units credited
2,748 units
Deferred stock units economically equivalent to common stock
Deferred units balance
16,615 units
Deferred stock units held after transactions
RSU conversion price
$0.00 per unit
Conversion or exercise price for RSUs into common stock
Key Terms
Restricted Stock Units, Deferred Stock Units, Deferred Compensation Plan for Non-Employee Directors, Change in control, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents either (i) a contingent right to receive one share of the Company's common stock or (ii) a cash amount equal..."
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.
Deferred Stock Units financial
"Each deferred stock unit is economically equivalent to one share of the Company's common stock."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Deferred Compensation Plan for Non-Employee Directors financial
"Deferred stock units credited to the reporting person under the Monster Beverage Corporation Deferred Compensation Plan for Non-Employee Directors..."
Change in control financial
"...or (iii) upon death, disability or change in control as defined under the Deferral Plan."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What did Monster Beverage (MNST) director Tiffany M. Hall report in this Form 4?
Tiffany M. Hall reported equity-based compensation activity, including a grant of 2,039 restricted stock units and the exercise and deferral of 2,748 restricted stock units into deferred stock units, all tied to Monster Beverage common stock under director compensation arrangements.
How many Monster Beverage RSUs were granted to Tiffany M. Hall?
She received a grant of 2,039 restricted stock units. These RSUs represent a right to receive either one share of Monster Beverage common stock or an equivalent cash amount upon vesting, subject to the vesting conditions tied to continued service as a director.
When do Tiffany M. Hall’s new Monster Beverage RSUs vest?
The 2,039 restricted stock units vest 100% on the last business day before Monster Beverage’s 2027 annual stockholder meeting, provided Tiffany M. Hall continues to serve as a director of the company through that vesting date under the grant terms.
What are the 2,748 deferred stock units reported for Monster Beverage (MNST)?
The 2,748 deferred stock units are economically equivalent to Monster Beverage common shares. They were credited under the company’s Deferred Compensation Plan for Non-Employee Directors and will be settled in stock at a future time based on the director’s elections and plan provisions.