Form 4: Monster Beverage Corp Director Fayard Gary P Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Fayard Gary P reports acquisition of deferred stock units in Monster Beverage Corp, along with holdings of common stock and restricted stock units.
Summary
- On January 8, 2025, Fayard Gary P, a director of Monster Beverage Corp, reported the acquisition of 533 deferred stock units.
- These deferred stock units are economically equivalent to one share of Monster Beverage Corp's common stock and were acquired under the company's Deferred Compensation Plan for Non-Employee Directors.
- The reporting person also holds 12,306 shares of common stock and 3,592 restricted stock units.
- The deferred stock units are settled in stock and are generally payable upon a specified date, separation from the Board, or upon death, disability, or change in control.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing indicating standard compensation practices. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Future Outlook
The deferred stock units will be settled in stock upon a specified date, separation from the Board, or upon death, disability, or change in control.
Industry Context
This filing is a routine disclosure of a director's holdings and transactions in company stock, which is common practice for publicly traded companies.
Stakeholder Impact
- The acquisition of deferred stock units by a director aligns their interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/23/2022 | Monster Beverage Corporation 2017 Compensation Plan for Non-Employee Directors as Amended and Restated |
| 01/08/2025 | Date of transaction: Acquisition of deferred stock units |
| 01/10/2025 | Date of signature of the report |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.