Monster Beverage (MNST) executive gets stock grants and options, covers taxes

Rhea-AI Filing Summary

Monster Beverage Corp executive Carling Guy reported a series of routine equity compensation events. On March 13, he received 27,200 shares of common stock, 5,900 restricted stock units and employee stock options for 17,700 shares at an exercise price of $77.11 per share, expiring in 2036.

On March 12 and 14, previously granted restricted stock units covering 9,090 shares were converted into common stock. To cover tax obligations, a total of 17,420 shares were withheld at prices between $76.99 and $77.11 per share. Following these transactions, Guy directly holds 40,863 shares of Monster Beverage common stock. The filing also lists existing vested and unvested stock options and restricted stock units with future vesting dates.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Carling Guy

(Last) (First) (Middle)

1 MONSTER WAY

(Street)

CORONA CA 92879

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Monster Beverage Corp [ MNST ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO, EMEA and OSP

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/12/2026		M		1,680	A	(1)	23,673	D
Common Stock	03/12/2026		F		807	D	$76.99	22,866	D
Common Stock	03/13/2026		A(2)		27,200	A	$0	50,066	D
Common Stock	03/13/2026		F		13,056	D	$77.11	37,010	D
Common Stock	03/14/2026		M		3,400	A	(1)	40,410	D
Common Stock	03/14/2026		M		1,360	A	(1)	41,770	D
Common Stock	03/14/2026		M		900	A	(1)	42,670	D
Common Stock	03/14/2026		M		1,750	A	(1)	44,420	D
Common Stock	03/14/2026		F		3,557	D	$77.05	40,863	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (right to buy)	$44.47							(3)	03/12/2031	Common Stock	(4)		6,000	D
Employee Stock Option (right to buy)	$36.62							(5)	03/14/2032	Common Stock	(4)		25,300	D
Employee Stock Option (right to buy)	$50.82							(6)	03/14/2033	Common Stock	(4)		20,000	D
Employee Stock Option (right to buy)	$50.82							(3)	03/14/2033	Common Stock	(4)		6,668	D
Employee Stock Option (right to buy)	$60.3							(7)	03/14/2034	Common Stock	(4)		18,000	D
Employee Stock Option (right to buy)	$55.09							(8)	03/14/2035	Common Stock	(4)		21,000	D
Employee Stock Option (right to buy)	$77.11	03/13/2026		A		17,700		(9)	03/13/2036	Common Stock	17,700	$0	17,700	D
Restricted Stock Units	(10)	03/12/2026		M			1,680	(11)	(12)	Common Stock	1,680	$0	0	D
Restricted Stock Units	(10)	03/14/2026		M			3,400	(13)	(12)	Common Stock	3,400	$0	4,080	D
Restricted Stock Units	(10)	03/14/2026		M			1,360	(14)	(12)	Common Stock	1,360	$0	3,740	D
Restricted Stock Units	(10)	03/14/2026		M			900	(15)	(12)	Common Stock	900	$0	4,500	D
Restricted Stock Units	(10)	03/14/2026		M			1,750	(16)	(12)	Common Stock	1,750	$0	5,250	D
Restricted Stock Units	(10)	03/13/2026		A		5,900		(17)	(12)	Common Stock	5,900	$0	5,900	D

Explanation of Responses:

1. 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.

2. 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.

3. The options are currently vested.

4. No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.

5. The options are currently vested with respect to 11,500 shares. The remaining options vest on March 14, 2027.

6. The options are currently vested with respect to 9,000 shares. The remaining options vest in two installments as follows: 5,000 shares on March 14, 2027 and 6,000 shares on March 14, 2028.

7. The options are currently vested with respect to 4,500 shares. The remaining options vest in three installments as follows: 3,600 shares on March 14, 2027; 4,500 shares on March 14, 2028 and 5,400 shares on March 14, 2029.

8. The options are currently vested with respect to 5,250 shares. The remaining options vest in three equal installments on March 14, 2027, March 14, 2028 and March 14, 2029.

9. The options vest in four equal installments on March 13, 2027, March 13, 2028, March 13, 2029 and March 13, 2020.

10. 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.

11. The restricted stock units are fully vested.

12. Not applicable.

13. The remaining restricted stock units vest on March 14, 2027.

14. The remaining restricted stock units vest in two installments as follows: 1,700 units on March 14, 2027 and 2,040 units on March 14, 2028.

15. The remaining restricted stock units vest in three installments as follows: 1,200 units on March 14, 2027; 1,500 units on March 14, 2028 and 1,800 units on March 14, 2029.

16. The remaining restricted stock units vest in three equal installments on March 14, 2027, March 14, 2028 and March 14, 2029.

17. The restricted stock units vest in four equal installments on March 13, 2027, March 13, 2028, March 13, 2029 and March 13, 2020.

	/s/ Paul J. Dechary, attorney-in-fact	03/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did Monster Beverage (MNST) executive Carling Guy report?

Carling Guy reported option grants, stock awards, and related tax withholdings. He received common shares, restricted stock units, and stock options, while some shares were withheld by Monster Beverage to satisfy tax liabilities tied to these equity compensation events.

How many Monster Beverage shares does Carling Guy hold after this Form 4 filing?

After the reported transactions, Carling Guy directly holds 40,863 Monster Beverage common shares. This figure reflects new stock awards, restricted stock unit conversions into shares, and shares withheld by the company to cover associated tax obligations on the vested awards.

What new stock options did Carling Guy receive from Monster Beverage (MNST)?

Carling Guy received employee stock options for 17,700 Monster Beverage shares with a $77.11 exercise price, expiring in 2036. These options were granted as part of his compensation and give him the right to buy shares at that fixed price if exercised later.

Were any Monster Beverage shares sold on the open market in this Form 4?

The Form 4 shows no open-market sales by Carling Guy. Shares labeled with code F, totaling 17,420 shares, were withheld by Monster Beverage to pay tax obligations and exercise costs, which is treated as a tax-withholding disposition, not a discretionary market sale.

What happened to Carling Guy’s restricted stock units in this Monster Beverage filing?

Previously granted restricted stock units vested and were settled in 9,090 Monster Beverage common shares. Additional new restricted stock units totaling 5,900 units were granted, which represent contingent rights to receive common shares as they vest over future scheduled dates.

Does the Monster Beverage Form 4 indicate any performance-based awards for Carling Guy?

Yes. A footnote explains that certain shares were received upon achievement of vesting criteria for performance share units under Monster Beverage’s 2020 Omnibus Incentive Plan, after certification by the board’s Compensation Committee that the specified performance conditions had been met.