Rodney C. Sacks (MNST) reports stock gift and partnership share shifts
Rhea-AI Filing Summary
Monster Beverage Corp director Rodney C. Sacks reported internal equity movements and a stock gift. He made a bona fide gift of 8,262 shares of common stock on March 12, 2026, with no sale proceeds, and held 736,951 common shares directly afterward.
Separate "J" code entries cover other acquisitions or dispositions involving 923,285 shares held through Hilrod Holdings XV, XVIII and XXVI limited partnerships. Footnotes explain these were distributions from those partnerships, increasing the number of shares Sacks holds directly while remaining shares moved to Sterling Trustees LLC, which he does not deem beneficially owned.
The filing also lists numerous existing employee stock options and restricted stock units with exercise prices between $29.37 and $60.30 and vesting schedules extending to March 14, 2028. A footnote clarifies these derivative and RSU lines reflect holdings and vesting terms as of the reporting date, not new grants or option exercises.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 8,262 | $0.00 | -- |
| Other | Common Stock | 276,109 | $0.00 | -- |
| Other | Common Stock | 360,948 | $0.00 | -- |
| Other | Common Stock | 286,228 | $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 | -- | -- | -- |
Footnotes (1)
- As a result of the distribution of shares from Hilrod Holdings XV, L.P. ("Hilrod XV"), Hilrod Holdings XVIII, L.P. ("Hilrod XVIII") and Hilrod Holdings XXVI, L.P. ("Hilrod XXVI"), which were previously reported as indirectly beneficially owned by the reporting person, the total amount of shares directly owned has increased. Reporting person is the managing member of the limited liability company through his personal trust. Reporting person (i) is one of the general partners of each of Brandon Limited Partnership No. 1, Brandon Limited Partnership No. 2, Hilrod Holdings XV, Hilrod Holdings XVIII, Hilrod Holdings XXIII, L.P. and Hilrod Holdings XXVI, and (ii) disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. Reflects the distribution of shares to the reporting person as one of the general partners of Hilrod Holdings XV, Hilrod Holdings XVIII and Hilrod Holdings XXVI. The shares received from the distribution are directly beneficially owned by the reporting person. The remaining shares are now owned by Sterling Trustees LLC and such shares are not deemed beneficially owned by the reporting person. The options are currently vested. No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. The options are currently vested with respect to 122,000 shares. The remaining options vest on March 14, 2026. The options are currently vested with respect to 51,167 shares. The remaining options vest in two installments as follows: 51,167 shares on March 14, 2026 and 51,166 shares on March 14, 2027. The options vest in three installments as follows: 38,434 shares on March 14, 2026; 38,433 shares on March 14, 2027 and 38,433 shares on March 14, 2028. 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. The remaining restricted stock units vest on March 14, 2026. Not applicable. The restricted stock units vest in two installments as follows: 19,333 units on March 14, 2026 and 19,334 units on March 14, 2027. The restricted stock units vest in three installments as follows: 14,334 units on March 14, 2026; 14,333 units on March 14, 2027 and 14,333 units on March 14, 2028.