Form 4: Monster Beverage Corp Director Reports Stock Unit Transactions

Director Jeanne P. Jackson reports acquisition and disposal of restricted and deferred stock units in Monster Beverage Corp.

Summary

• On June 12, 2024, Director Jeanne P. Jackson disposed of 2,932 Restricted Stock Units which were settled as shares of common stock and elected to defer the same.
• On June 13, 2024, Jackson acquired 3,592 Restricted Stock Units that vest on the last business day prior to the company's 2025 annual stockholder meeting, contingent on continued service as a director.
• Also on June 12, 2024, Jackson acquired 2,932 Deferred Stock Units under the Monster Beverage Corporation Deferred Compensation Plan for Non-Employee Directors.
• Following these transactions, Jackson directly owns 3,592 Restricted Stock Units and 28,524 Deferred Stock Units.

Sentiment

Score: 5

Explanation: This is a neutral filing, simply reporting stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.

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 of stock transactions by a company director, which is common practice and required by the SEC to ensure transparency and prevent insider trading.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent routine compensation and deferred compensation activities for a director.

Key Dates