Monster Beverage (MNST)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-03-13 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Monster Beverage Corp (MNST) CIK: 0000865752 --- Reporting Owner --- Name: SCHLOSBERG HILTON H CIK: 0001284352 Role: Director, Officer (Vice Chairman and CEO) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-03-13 | Code: A (Grant or award) Shares: +270,400 | Price: $0.00 Shares Owned After: 2,617,971 | Ownership: D (Direct) Footnotes: [F1] Received upon the achievement of the vesting criteria applicable to performance share units granted under the Monster Beverage Corporation 2020 Omnibus Incentive Plan (the "2020 Omnibus Incentive Plan"), achievement of which was certified by the Compensation Committee of the Company's Board of Directors. Each performance share unit represents a contingent right to receive one share of the Company's common stock as of the applicable vesting date. [Transaction #2] Security: Common Stock Date: 2026-03-13 | Code: F (Payment of exercise/tax) Shares: -137,580 | Price: $77.11 Total Value: $10,608,793.80 Shares Owned After: 2,480,391 | Ownership: D (Direct) [Transaction #3] Security: Common Stock Date: 2026-03-14 | Code: M (Exercise of derivative) Shares: +22,534 Shares Owned After: 2,502,925 | Ownership: D (Direct) Footnotes: [F2] Each restricted stock unit represents a contingent right to receive one share of the Company's common stock as of the vesting date. Accordingly, these restricted stock units were settled in shares of common stock. [Transaction #4] Security: Common Stock Date: 2026-03-14 | Code: M (Exercise of derivative) Shares: +19,333 Shares Owned After: 2,522,258 | Ownership: D (Direct) Footnotes: [F2] Each restricted stock unit represents a contingent right to receive one share of the Company's common stock as of the vesting date. Accordingly, these restricted stock units were settled in shares of common stock. [Transaction #5] Security: Common Stock Date: 2026-03-14 | Code: M (Exercise of derivative) Shares: +21,567 Shares Owned After: 2,543,825 | Ownership: D (Direct) Footnotes: [F2] Each restricted stock unit represents a contingent right to receive one share of the Company's common stock as of the vesting date. Accordingly, these restricted stock units were settled in shares of common stock. [Transaction #6] Security: Common Stock Date: 2026-03-14 | Code: F (Payment of exercise/tax) Shares: -32,277 | Price: $77.05 Total Value: $2,486,942.85 Shares Owned After: 2,511,548 | Ownership: D (Direct) --- Derivative Transactions --- [Transaction #1] Security: Employee Stock Option (right to buy) Date: 2026-03-13 | Code: A (Grant or award) Shares: +137,500 | Price: $0.00 Exercisable: N/A | Expires: 2036-03-13 Shares Owned After: 137,500 | Ownership: D (Direct) Footnotes: [F8] The options vest in three installments as follows: 45,834 shares on March 13, 2027; 45,833 shares on March 13, 2028 and 45,833 shares on March 13, 2029. [Transaction #2] Security: Restricted Stock Units Date: 2026-03-14 | Code: M (Exercise of derivative) Shares: -22,534 | Price: $0.00 Shares Owned After: 0 | Ownership: D (Direct) Footnotes: [F9] The restricted stock units were granted under the 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. [F10] The restricted stock units are fully vested. [F11] Not applicable. [Transaction #3] Security: Restricted Stock Units Date: 2026-03-14 | Code: M (Exercise of derivative) Shares: -19,333 | Price: $0.00 Shares Owned After: 19,334 | Ownership: D (Direct) Footnotes: [F9] The restricted stock units were granted under the 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 remaining restricted stock units vest on March 14, 2027. [F11] Not applicable. [Transaction #4] Security: Restricted Stock Units Date: 2026-03-14 | Code: M (Exercise of derivative) Shares: -21,567 | Price: $0.00 Shares Owned After: 43,133 | Ownership: D (Direct) Footnotes: [F9] The restricted stock units were granted under the 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. [F13] The remaining restricted stock units vest in two installments as follows: 21,567 units on March 14, 2027 and 21,566 units on March 14, 2028. [F11] Not applicable. [Transaction #5] Security: Restricted Stock Units Date: 2026-03-13 | Code: A (Grant or award) Shares: +49,000 | Price: $0.00 Shares Owned After: 49,000 | Ownership: D (Direct) Footnotes: [F9] The restricted stock units were granted under the 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 three installments as follows: 16,334 units on March 13, 2027, 16,333 units on March 13, 2028 and 16,333 units on March 13, 2029. [F11] Not applicable. --- Holdings --- [Holding #1] Security: Common Stock Ownership: I (Indirect) Footnotes: [F3] Reporting person (i) is one of the general partners of each of Brandon Limited Partnership No. 1, Brandon Limited Partnership No. 2, 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. [Holding #2] Security: Common Stock Ownership: I (Indirect) Footnotes: [F3] Reporting person (i) is one of the general partners of each of Brandon Limited Partnership No. 1, Brandon Limited Partnership No. 2, 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. [Holding #3] Security: Employee Stock Option (right to buy) Ownership: D (Direct) Footnotes: [F4] The options are currently vested. [F5] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. [Holding #4] Security: Employee Stock Option (right to buy) Ownership: I (Indirect) Footnotes: [F4] The options are currently vested. [F5] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. [F3] Reporting person (i) is one of the general partners of each of Brandon Limited Partnership No. 1, Brandon Limited Partnership No. 2, 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. [Holding #5] Security: Employee Stock Option (right to buy) Ownership: I (Indirect) Footnotes: [F4] The options are currently vested. [F5] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. [F3] Reporting person (i) is one of the general partners of each of Brandon Limited Partnership No. 1, Brandon Limited Partnership No. 2, 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. [Holding #6] Security: Employee Stock Option (right to buy) Ownership: I (Indirect) Footnotes: [F4] The options are currently vested. [F5] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. [F3] Reporting person (i) is one of the general partners of each of Brandon Limited Partnership No. 1, Brandon Limited Partnership No. 2, 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. [Holding #7] Security: Employee Stock Option (right to buy) Ownership: D (Direct) Footnotes: [F4] The options are currently vested. [F5] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. [Holding #8] Security: Employee Stock Option (right to buy) Ownership: I (Indirect) Footnotes: [F4] The options are currently vested. [F5] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. [F3] Reporting person (i) is one of the general partners of each of Brandon Limited Partnership No. 1, Brandon Limited Partnership No. 2, 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. [Holding #9] Security: Employee Stock Option (right to buy) Ownership: I (Indirect) Footnotes: [F4] The options are currently vested. [F5] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. [F3] Reporting person (i) is one of the general partners of each of Brandon Limited Partnership No. 1, Brandon Limited Partnership No. 2, 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. [Holding #10] Security: Employee Stock Option (right to buy) Ownership: D (Direct) Footnotes: [F4] The options are currently vested. [F5] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. [Holding #11] Security: Employee Stock Option (right to buy) Ownership: I (Indirect) Footnotes: [F4] The options are currently vested. [F5] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. [F3] Reporting person (i) is one of the general partners of each of Brandon Limited Partnership No. 1, Brandon Limited Partnership No. 2, 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. [Holding #12] Security: Employee Stock Option (right to buy) Ownership: I (Indirect) Footnotes: [F4] The options are currently vested. [F5] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. [F3] Reporting person (i) is one of the general partners of each of Brandon Limited Partnership No. 1, Brandon Limited Partnership No. 2, 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. [Holding #13] Security: Employee Stock Option (right to buy) Ownership: D (Direct) Footnotes: [F4] The options are currently vested. [F5] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. [Holding #14] Security: Employee Stock Option (right to buy) Ownership: I (Indirect) Footnotes: [F4] The options are currently vested. [F5] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. [F3] Reporting person (i) is one of the general partners of each of Brandon Limited Partnership No. 1, Brandon Limited Partnership No. 2, 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. [Holding #15] Security: Employee Stock Option (right to buy) Ownership: D (Direct) Footnotes: [F4] The options are currently vested. [F5] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. [Holding #16] Security: Employee Stock Option (right to buy) Ownership: D (Direct) Footnotes: [F4] The options are currently vested. [F5] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. [Holding #17] Security: Employee Stock Option (right to buy) Ownership: D (Direct) Footnotes: [F4] The options are currently vested. [F5] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. [Holding #18] Security: Employee Stock Option (right to buy) Ownership: D (Direct) Footnotes: [F6] The options are currently vested with respect to 102,334 shares. The remaining options vest on March 14, 2027. [F5] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. [Holding #19] Security: Employee Stock Option (right to buy) Ownership: D (Direct) Footnotes: [F7] The options are currently vested with respect to 57,800 shares. The remaining options vest in two equal installments on March 14, 2027 and March 14, 2028. [F5] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. --- Footnotes (Complete Index) --- F1: Received upon the achievement of the vesting criteria applicable to performance share units granted under the Monster Beverage Corporation 2020 Omnibus Incentive Plan (the "2020 Omnibus Incentive Plan"), achievement of which was certified by the Compensation Committee of the Company's Board of Directors. Each performance share unit represents a contingent right to receive one share of the Company's common stock as of the applicable vesting date. F10: The restricted stock units are fully vested. F11: Not applicable. F12: The remaining restricted stock units vest on March 14, 2027. F13: The remaining restricted stock units vest in two installments as follows: 21,567 units on March 14, 2027 and 21,566 units on March 14, 2028. F14: The restricted stock units vest in three installments as follows: 16,334 units on March 13, 2027, 16,333 units on March 13, 2028 and 16,333 units on March 13, 2029. F2: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock as of the vesting date. Accordingly, these restricted stock units were settled in shares of common stock. F3: Reporting person (i) is one of the general partners of each of Brandon Limited Partnership No. 1, Brandon Limited Partnership No. 2, 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. F4: The options are currently vested. F5: No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. F6: The options are currently vested with respect to 102,334 shares. The remaining options vest on March 14, 2027. F7: The options are currently vested with respect to 57,800 shares. The remaining options vest in two equal installments on March 14, 2027 and March 14, 2028. F8: The options vest in three installments as follows: 45,834 shares on March 13, 2027; 45,833 shares on March 13, 2028 and 45,833 shares on March 13, 2029. F9: The restricted stock units were granted under the 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. --- Signature --- /s/ Paul J. Dechary, attorney-in-fact (2026-03-17)