Form 4: Monster Beverage Corp Director Tiffany M. Hall Reports Acquisition of Deferred Stock Units

Sentiment:

SEC Form 4 Filing


Director Tiffany M. Hall reports acquisition of deferred stock units in Monster Beverage Corp.

Summary

  • On July 8, 2024, Tiffany M. Hall, a director of Monster Beverage Corp, reported the acquisition of 212 deferred stock units.
  • These units were credited under the Monster Beverage Corporation Deferred Compensation Plan for Non-Employee Directors at a price of $50.18.
  • Hall also reported holding 3,592 restricted stock units and 9,019 deferred stock units.
  • The restricted stock units vest on the last business day prior to the Company's 2025 annual stockholder meeting, contingent on continued service as a director.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing with no inherent positive or negative sentiment.

Future Outlook

The deferred stock units are settled in stock and are generally payable on the earliest of a specified date, the year following service separation, or upon death, disability, or change in control.

Industry Context

This filing is a routine disclosure of stock unit acquisitions by a company director, which is a common practice in corporate governance and executive compensation.

Key Dates

DateDescription
07/08/2024Date of transaction: acquisition of deferred stock units.
07/10/2024Date of report.

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