Monster Beverage (MNST) director receives RSU grant and converts awards into deferred stock units
Rhea-AI Filing Summary
Monster Beverage Corp director Douglas William W III reported equity-based compensation awards and updated holdings. He received 2,039 restricted stock units on May 14, 2026, each representing a right to one share of common stock or a cash amount at vesting, and vesting in full on the last business day before the Company’s 2027 annual stockholder meeting if he continues as a director.
On May 13, 2026, 2,748 restricted stock units were exercised and settled as shares of common stock, which he elected to defer into 2,748 deferred stock units under the Monster Beverage Corporation Deferred Compensation Plan for Non-Employee Directors. A separate line shows 10,000 shares of common stock as of that date with no transaction reported. Following these updates, his reported position includes 10,000 common shares, 2,039 restricted stock units, and 2,748 deferred stock units, with no open-market purchases or sales disclosed.
Positive
- None.
Negative
- None.
Insider Trade Summary
| 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 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. 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 7 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.