Form 4: Monster Beverage Director Sacks Reports Stock Sales, Gift

Monster Beverage Corp. Director Rodney C. Sacks reported a gift of 13,519 shares and sales of 206,543 shares of common stock on December 12, 2025.

Summary

• Rodney C. Sacks, a Director of Monster Beverage Corp (MNST), reported changes in his beneficial ownership.
• On December 12, 2025, Sacks gifted 13,519 shares of common stock directly.
• On the same date, Sacks sold a total of 206,543 shares of common stock directly at a weighted average price of $73.58 per share.
• The sales were executed in multiple trades at prices ranging from $73.50 to $73.70.
• Following these transactions, Sacks directly owns 728,689 shares of common stock.
• Sacks also holds significant indirect beneficial ownership totaling 71,088,309 shares through various entities including RCS1, LLC, Brandon Limited Partnership No. 1, Brandon Limited Partnership No. 2, Hilrod Holdings XV, L.P., Hilrod Holdings XVIII, L.P., and Hilrod Holdings XXVI, L.P.
• The filing details various employee stock options and restricted stock units (RSUs) held by Sacks, with vesting schedules extending to March 2028 for some options and RSUs, and option expiration dates as far out as March 2035.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions including a gift and sales of common stock by a director. While insider sales can sometimes be viewed negatively, the director retains substantial direct and indirect ownership, along with significant unvested equity, suggesting continued alignment with long-term company performance.

Positives

• Rodney C. Sacks continues to hold a substantial number of Monster Beverage Corp shares, both directly (728,689 shares) and indirectly (over 71 million shares through various entities), indicating significant long-term commitment.
• Sacks also holds a substantial number of unexercised employee stock options and unvested restricted stock units, aligning his incentives with the company's future performance.

Negatives

• Director Rodney C. Sacks sold 206,543 shares of common stock, which could be interpreted as a reduction in his direct equity exposure.

Future Outlook

NA

Management Comments

• 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, L.P., Hilrod Holdings XVIII, L.P., Hilrod Holdings XXIII, L.P. and Hilrod Holdings XXVI, L.P. and (ii) disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
• This transaction was executed in multiple trades at prices ranging from $73.50 to $73.70. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
• 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 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.

Industry Context

NA

Related Party Transactions

• Rodney C. Sacks is the managing member of RCS1, LLC, which indirectly owns 100,000 shares of common stock.
• Rodney C. Sacks is one of the general partners of Brandon Limited Partnership No. 1, Brandon Limited Partnership No. 2, Hilrod Holdings XV, L.P., Hilrod Holdings XVIII, L.P., Hilrod Holdings XXIII, L.P., and Hilrod Holdings XXVI, L.P., which collectively hold over 71 million shares indirectly. Sacks disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

Stakeholder Impact

• Shareholders: The sale of shares by a director could be perceived as a slight negative signal, but the overall impact is mitigated by the director's substantial remaining holdings. The gift transaction has no direct impact on other shareholders.
• Employees: The filing details employee stock options and restricted stock units, which are part of employee compensation and incentive plans, indicating ongoing equity-based incentives for management.

Key Dates

Recommendation

The filing details routine insider transactions, including a gift and sales of common stock by a director. While insider sales can sometimes raise questions, the director retains a very substantial direct and indirect ownership stake, along with significant unvested equity awards. This suggests continued long-term alignment with the company's performance. There are no new fundamental insights into the company's operations or future prospects that would warrant a change in investment thesis based solely on this Form 4.

Keywords

Monster Beverage, MNST, Insider Trading, Form 4, Stock Sale, Director Transaction, Equity Ownership, Rodney Sacks, Restricted Stock Units, Stock Options