=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-05-14
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: Monster Beverage Corp (MNST)
CIK: 0000865752
--- Reporting Owner ---
Name: HALL MARK J
CIK: 0001286595
Role: Director
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-05-14 | Code: M (Exercise of derivative)
Shares: +12,000 | Price: $44.47
Total Value: $533,640.00
Shares Owned After: 311,246 | Ownership: I (Indirect) | Nature: By MJCF Hall Family Trust
Footnotes:
[F1] The reporting person serves as co-trustee of the MJCF Hall Family Trust, of which the reporting person and his wife are trustees and beneficiaries.
[Transaction #2]
Security: Common Stock
Date: 2026-05-14 | Code: M (Exercise of derivative)
Shares: +15,000 | Price: $36.62
Total Value: $549,300.00
Shares Owned After: 326,246 | Ownership: I (Indirect) | Nature: By MJCF Hall Family Trust
Footnotes:
[F1] The reporting person serves as co-trustee of the MJCF Hall Family Trust, of which the reporting person and his wife are trustees and beneficiaries.
[Transaction #3]
Security: Common Stock
Date: 2026-05-14 | Code: M (Exercise of derivative)
Shares: +12,000 | Price: $50.82
Total Value: $609,840.00
Shares Owned After: 338,246 | Ownership: I (Indirect) | Nature: By MJCF Hall Family Trust
Footnotes:
[F1] The reporting person serves as co-trustee of the MJCF Hall Family Trust, of which the reporting person and his wife are trustees and beneficiaries.
[Transaction #4]
Security: Common Stock
Date: 2026-05-14 | Code: M (Exercise of derivative)
Shares: +15,000 | Price: $60.30
Total Value: $904,500.00
Shares Owned After: 353,246 | Ownership: I (Indirect) | Nature: By MJCF Hall Family Trust
Footnotes:
[F1] The reporting person serves as co-trustee of the MJCF Hall Family Trust, of which the reporting person and his wife are trustees and beneficiaries.
[Transaction #5]
Security: Common Stock
Date: 2026-05-14 | Code: S (Open market sale)
Shares: -54,000 | Price: $85.81
Total Value: $4,633,740.00
Shares Owned After: 299,246 | Ownership: I (Indirect) | Nature: By MJCF Hall Family Trust
Footnotes:
[F2] This transaction was executed in multiple trades at prices ranging from $85.64 to $86.02. 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.
[F1] The reporting person serves as co-trustee of the MJCF Hall Family Trust, of which the reporting person and his wife are trustees and beneficiaries.
--- Derivative Transactions ---
[Transaction #1]
Security: Employee Stock Option (right to buy)
Date: 2026-05-14 | Code: M (Exercise of derivative)
Shares: -12,000 | Price: $0.00
Exercisable: N/A | Expires: 2031-03-12
Shares Owned After: 0 | Ownership: D (Direct)
Footnotes:
[F3] The options are fully vested.
[Transaction #2]
Security: Employee Stock Option (right to buy)
Date: 2026-05-14 | Code: M (Exercise of derivative)
Shares: -15,000 | Price: $0.00
Exercisable: N/A | Expires: 2032-03-14
Shares Owned After: 18,000 | Ownership: D (Direct)
Footnotes:
[F4] The options are currently vested with respect to 15,000 shares. The remaining options vest on March 14, 2027.
[Transaction #3]
Security: Employee Stock Option (right to buy)
Date: 2026-05-14 | Code: M (Exercise of derivative)
Shares: -12,000 | Price: $0.00
Exercisable: N/A | Expires: 2033-03-14
Shares Owned After: 33,000 | Ownership: D (Direct)
Footnotes:
[F5] The options are currently vested with respect to 12,000 shares. The remaining options vest in two installments as follows: 15,000 shares on March 14, 2027 and 18,000 shares on March 14, 2028.
[Transaction #4]
Security: Employee Stock Option (right to buy)
Date: 2026-05-14 | Code: M (Exercise of derivative)
Shares: -15,000 | Price: $0.00
Exercisable: N/A | Expires: 2034-03-14
Shares Owned After: 45,000 | Ownership: D (Direct)
Footnotes:
[F6] The options are currently vested with respect to 15,000 shares. The remaining options vest in three installments as follows: 12,000 shares on March 14, 2027; 15,000 shares on March 14, 2028 and 18,000 shares on March 14, 2029.
--- Footnotes (Complete Index) ---
F1: The reporting person serves as co-trustee of the MJCF Hall Family Trust, of which the reporting person and his wife are trustees and beneficiaries.
F2: This transaction was executed in multiple trades at prices ranging from $85.64 to $86.02. 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.
F3: The options are fully vested.
F4: The options are currently vested with respect to 15,000 shares. The remaining options vest on March 14, 2027.
F5: The options are currently vested with respect to 12,000 shares. The remaining options vest in two installments as follows: 15,000 shares on March 14, 2027 and 18,000 shares on March 14, 2028.
F6: The options are currently vested with respect to 15,000 shares. The remaining options vest in three installments as follows: 12,000 shares on March 14, 2027; 15,000 shares on March 14, 2028 and 18,000 shares on March 14, 2029.
--- Signature ---
/s/ /s/ Paul J. Dechary, Attorney-in-Fact (2026-05-15)