Form 4: Monster Beverage Corp Director Reports Changes in Beneficial Ownership

Gary P. Fayard, a director of Monster Beverage Corp, reported transactions involving restricted stock units and deferred stock units.

Summary

• Gary P. Fayard, a director at Monster Beverage Corp, filed a Form 4 detailing changes in beneficial ownership.
• The report includes the acquisition of 3,592 restricted stock units on June 13, 2024, which vest prior to the company's 2025 annual stockholder meeting.
• It also mentions the acquisition of 2,932 deferred stock units on June 12, 2024, under the Monster Beverage Corporation Deferred Compensation Plan for Non-Employee Directors.
• The director holds 12,306 shares of common stock directly.
• The director holds 3,592 restricted stock units and 47,371 deferred stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Future Outlook

The restricted stock units vest with respect to 100% of such restricted stock units on the last business day prior to the Company's 2025 annual stockholder meeting, provided that the reporting person continues as a director of the Company through such date.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency regarding the holdings and transactions of company directors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the director's holdings and transactions.

Key Dates