=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-05-13
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: Monster Beverage Corp (MNST)
CIK: 0000865752
--- Reporting Owner ---
Name: Tirre Emelie
CIK: 0001747090
Role: Officer (Chief Strategy Officer)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-05-13 | Code: M (Exercise of derivative)
Shares: +17,752 | Price: $44.47
Total Value: $789,431.44
Shares Owned After: 99,515 | Ownership: D (Direct)
[Transaction #2]
Security: Common Stock
Date: 2026-05-13 | Code: M (Exercise of derivative)
Shares: +32,200 | Price: $36.62
Total Value: $1,179,164.00
Shares Owned After: 131,715 | Ownership: D (Direct)
[Transaction #3]
Security: Common Stock
Date: 2026-05-13 | Code: M (Exercise of derivative)
Shares: +28,998 | Price: $50.82
Total Value: $1,473,678.36
Shares Owned After: 160,713 | Ownership: D (Direct)
[Transaction #4]
Security: Common Stock
Date: 2026-05-13 | Code: M (Exercise of derivative)
Shares: +4,500 | Price: $60.30
Total Value: $271,350.00
Shares Owned After: 165,213 | Ownership: D (Direct)
[Transaction #5]
Security: Common Stock
Date: 2026-05-13 | Code: M (Exercise of derivative)
Shares: +5,250 | Price: $55.09
Total Value: $289,222.50
Shares Owned After: 170,463 | Ownership: D (Direct)
[Transaction #6]
Security: Common Stock
Date: 2026-05-13 | Code: S (Open market sale)
Shares: -88,700 | Price: $85.96
Total Value: $7,624,652.00
Shares Owned After: 81,763 | Ownership: D (Direct)
Footnotes:
[F1] This transaction was executed in multiple trades at prices ranging from $85.72 to $86.27. 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.
[Transaction #7]
Security: Common Stock
Date: 2026-05-14 | Code: S (Open market sale)
Shares: -10,000 | Price: $85.74
Total Value: $857,400.00
Shares Owned After: 71,763 | Ownership: D (Direct)
Footnotes:
[F2] This transaction was executed in multiple trades at prices ranging from $85.73 to $85.80. 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.
[Transaction #8]
Security: Common Stock
Date: 2026-05-14 | Code: M (Exercise of derivative)
Shares: +2,248 | Price: $44.47
Total Value: $99,968.56
Shares Owned After: 74,011 | Ownership: D (Direct)
--- Derivative Transactions ---
[Transaction #1]
Security: Employee Stock Option (right to buy)
Date: 2026-05-13 | Code: M (Exercise of derivative)
Shares: -20,000 | Price: $0.00
Exercisable: N/A | Expires: 2031-03-12
Shares Owned After: 0 | Ownership: D (Direct)
Footnotes:
[F3] 17,752 shares were exercised on May 13, 2026 and 2,248 shares were exercised on May 14, 2026.
[F4] The options are currently vested.
[Transaction #2]
Security: Employee Stock Option (right to buy)
Date: 2026-05-13 | Code: M (Exercise of derivative)
Shares: -32,200 | Price: $0.00
Exercisable: N/A | Expires: 2032-03-14
Shares Owned After: 13,800 | Ownership: D (Direct)
Footnotes:
[F5] The options are currently vested with respect to 32,200 shares. The remaining options vest on March 14, 2027.
[Transaction #3]
Security: Employee Stock Option (right to buy)
Date: 2026-05-13 | Code: M (Exercise of derivative)
Shares: -8,998 | Price: $0.00
Exercisable: N/A | Expires: 2033-03-14
Shares Owned After: 11,000 | Ownership: D (Direct)
Footnotes:
[F6] The options are currently vested with respect to 8,998 shares. The remaining options vest in two installments as follows: 5,000 shares on March 14, 2027 and 6,000 shares on March 14, 2028.
[Transaction #4]
Security: Employee Stock Option (right to buy)
Date: 2026-05-13 | Code: M (Exercise of derivative)
Shares: -20,000 | Price: $0.00
Exercisable: N/A | Expires: 2033-03-14
Shares Owned After: 0 | Ownership: D (Direct)
Footnotes:
[F4] The options are currently vested.
[Transaction #5]
Security: Employee Stock Option (right to buy)
Date: 2026-05-13 | Code: M (Exercise of derivative)
Shares: -4,500 | Price: $0.00
Exercisable: N/A | Expires: 2034-03-14
Shares Owned After: 13,500 | Ownership: D (Direct)
Footnotes:
[F7] The options are currently vested with respect to 4,500 shares. The remaining options vest in three installments as follows: 3,600 shares on March 14, 2027; 4,500 shares on March 14, 2028 and 5,400 shares on March 14, 2029.
[Transaction #6]
Security: Employee Stock Option (right to buy)
Date: 2026-05-13 | Code: M (Exercise of derivative)
Shares: -5,250 | Price: $0.00
Exercisable: N/A | Expires: 2035-03-14
Shares Owned After: 15,750 | Ownership: D (Direct)
Footnotes:
[F8] The options are currently vested with respect to 5,250 shares. The remaining options vest in three equal installments on March 14, 2027, March 14, 2028 and March 14, 2029.
--- Holdings ---
[Holding #1]
Security: Employee Stock Option (right to buy)
Ownership: D (Direct)
Footnotes:
[F9] The options vest in three equal installments on March 13, 2027, March 13, 2028 and March 13, 2029.
[F10] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
[Holding #2]
Security: Restricted Stock Units
Ownership: D (Direct)
Footnotes:
[F11] 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.
[F12] The restricted stock units vest on March 14, 2027.
[F13] Not applicable.
[F10] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
[Holding #3]
Security: Restricted Stock Units
Ownership: D (Direct)
Footnotes:
[F11] 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.
[F14] The restricted stock units vest in two installments as follows: 1,700 units on March 14, 2027 and 2,040 units on March 14, 2028.
[F13] Not applicable.
[F10] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
[Holding #4]
Security: Restricted Stock Units
Ownership: D (Direct)
Footnotes:
[F11] 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.
[F15] The restricted stock units vest in three installments as follows: 1,200 units on March 14, 2027; 1,500 units on March 14, 2028 and 1,800 units on March 14, 2029.
[F13] Not applicable.
[F10] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
[Holding #5]
Security: Restricted Stock Units
Ownership: D (Direct)
Footnotes:
[F11] 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.
[F16] The restricted stock units vest in three equal installments on March 14, 2027, March 14, 2028 and March 14, 2029.
[F13] Not applicable.
[F10] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
[Holding #6]
Security: Restricted Stock Units
Ownership: D (Direct)
Footnotes:
[F11] 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.
[F17] The restricted stock units vest in three equal installments on March 13, 2027, March 13, 2028 and March 13, 2029.
[F13] Not applicable.
[F10] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
--- Footnotes (Complete Index) ---
F1: This transaction was executed in multiple trades at prices ranging from $85.72 to $86.27. 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.
F10: No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F11: 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.
F12: The restricted stock units vest on March 14, 2027.
F13: Not applicable.
F14: The restricted stock units vest in two installments as follows: 1,700 units on March 14, 2027 and 2,040 units on March 14, 2028.
F15: The restricted stock units vest in three installments as follows: 1,200 units on March 14, 2027; 1,500 units on March 14, 2028 and 1,800 units on March 14, 2029.
F16: The restricted stock units vest in three equal installments on March 14, 2027, March 14, 2028 and March 14, 2029.
F17: The restricted stock units vest in three equal installments on March 13, 2027, March 13, 2028 and March 13, 2029.
F2: This transaction was executed in multiple trades at prices ranging from $85.73 to $85.80. 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: 17,752 shares were exercised on May 13, 2026 and 2,248 shares were exercised on May 14, 2026.
F4: The options are currently vested.
F5: The options are currently vested with respect to 32,200 shares. The remaining options vest on March 14, 2027.
F6: The options are currently vested with respect to 8,998 shares. The remaining options vest in two installments as follows: 5,000 shares on March 14, 2027 and 6,000 shares on March 14, 2028.
F7: The options are currently vested with respect to 4,500 shares. The remaining options vest in three installments as follows: 3,600 shares on March 14, 2027; 4,500 shares on March 14, 2028 and 5,400 shares on March 14, 2029.
F8: The options are currently vested with respect to 5,250 shares. The remaining options vest in three equal installments on March 14, 2027, March 14, 2028 and March 14, 2029.
F9: The options vest in three equal installments on March 13, 2027, March 13, 2028 and March 13, 2029.
--- Signature ---
/s/ /s/ Paul J. Dechary, Attorney-in-Fact (2026-05-15)