Monster Beverage (MNST)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-03-12 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: 2026-03-12 | Code: G (Gift) Shares: +10,206 | Price: $0.00 Shares Owned After: 2,348,706 | Ownership: D (Direct) Footnotes: [F1] As a result of the distribution of shares from Hilrod Holdings XV, L.P. ("Hilrod XV"), Hilrod Holdings XVIII, L.P. ("Hilrod XVIII") and Hilrod Holdings XXVI, L.P. ("Hilrod XXVI"), which were previously reported as indirectly beneficially owned by the reporting person, the total amount of shares directly owned has increased. [Transaction #2] Security: Common Stock Date: 2026-03-12 | Code: G (Gift) Shares: -1,135 | Price: $0.00 Shares Owned After: 2,347,571 | Ownership: D (Direct) [Transaction #3] Security: Common Stock Date: 2026-03-12 | Code: J (Other acquisition/disposition) Shares: -276,109 | Price: $0.00 Shares Owned After: 0 | Ownership: I (Indirect) | Nature: By Hilrod Holdings XV, L.P. Footnotes: [F3] Reflects the distribution of shares to the reporting person as one of the general partners of Hilrod Holdings XV, Hilrod Holdings XVIII and Hilrod Holdings XXVI. The shares received from the distribution are directly beneficially owned by the reporting person. The remaining shares are now owned by Sterling Trustees LLC and such shares are not deemed beneficially owned by the reporting person. [F2] 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, Hilrod Holdings XVIII, Hilrod Holdings XXIII, L.P. and Hilrod Holdings XXVI, and (ii) disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. [Transaction #4] Security: Common Stock Date: 2026-03-12 | Code: J (Other acquisition/disposition) Shares: -360,948 | Price: $0.00 Shares Owned After: 0 | Ownership: I (Indirect) | Nature: By Hilrod Holdings XVIII, L.P. Footnotes: [F3] Reflects the distribution of shares to the reporting person as one of the general partners of Hilrod Holdings XV, Hilrod Holdings XVIII and Hilrod Holdings XXVI. The shares received from the distribution are directly beneficially owned by the reporting person. The remaining shares are now owned by Sterling Trustees LLC and such shares are not deemed beneficially owned by the reporting person. [F2] 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, Hilrod Holdings XVIII, Hilrod Holdings XXIII, L.P. and Hilrod Holdings XXVI, and (ii) disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. [Transaction #5] Security: Common Stock Date: 2026-03-12 | Code: J (Other acquisition/disposition) Shares: -286,228 | Price: $0.00 Shares Owned After: 0 | Ownership: I (Indirect) | Nature: By Hilrod Holdings XXVI, L.P. Footnotes: [F3] Reflects the distribution of shares to the reporting person as one of the general partners of Hilrod Holdings XV, Hilrod Holdings XVIII and Hilrod Holdings XXVI. The shares received from the distribution are directly beneficially owned by the reporting person. The remaining shares are now owned by Sterling Trustees LLC and such shares are not deemed beneficially owned by the reporting person. [F2] 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, Hilrod Holdings XVIII, Hilrod Holdings XXIII, L.P. and Hilrod Holdings XXVI, and (ii) disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. --- Holdings --- [Holding #1] Security: Common Stock Ownership: I (Indirect) Footnotes: [F2] 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, Hilrod Holdings XVIII, Hilrod Holdings XXIII, L.P. and Hilrod Holdings XXVI, 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: [F2] 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, Hilrod Holdings XVIII, Hilrod Holdings XXIII, L.P. and Hilrod Holdings XXVI, 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. [F2] 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, Hilrod Holdings XVIII, Hilrod Holdings XXIII, L.P. and Hilrod Holdings XXVI, 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. [F2] 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, Hilrod Holdings XVIII, Hilrod Holdings XXIII, L.P. and Hilrod Holdings XXVI, 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. [F2] 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, Hilrod Holdings XVIII, Hilrod Holdings XXIII, L.P. and Hilrod Holdings XXVI, 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. [F2] 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, Hilrod Holdings XVIII, Hilrod Holdings XXIII, L.P. and Hilrod Holdings XXVI, 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. [F2] 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, Hilrod Holdings XVIII, Hilrod Holdings XXIII, L.P. and Hilrod Holdings XXVI, 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. [F2] 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, Hilrod Holdings XVIII, Hilrod Holdings XXIII, L.P. and Hilrod Holdings XXVI, 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. [F2] 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, Hilrod Holdings XVIII, Hilrod Holdings XXIII, L.P. and Hilrod Holdings XXVI, 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. [F2] 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, Hilrod Holdings XVIII, Hilrod Holdings XXIII, L.P. and Hilrod Holdings XXVI, 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: [F6] The options are currently vested with respect to 122,000 shares. The remaining options vest on March 14, 2026. [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: [F7] The options are currently vested with respect to 51,167 shares. The remaining options vest in two installments as follows: 51,167 shares on March 14, 2026 and 51,166 shares 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: [F8] The options vest in three equal installments on March 14, 2026, 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. [Holding #20] Security: Restricted Stock Units Ownership: D (Direct) Footnotes: [F9] 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. [F10] The restricted stock units vest on March 14, 2026. [F11] Not applicable. [F5] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. [Holding #21] Security: Restricted Stock Units Ownership: D (Direct) Footnotes: [F9] 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 in two installments as follows: 19,333 units on March 14, 2026 and 19,334 units on March 14, 2027. [F11] Not applicable. [F5] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. [Holding #22] Security: Restricted Stock Units Ownership: D (Direct) Footnotes: [F9] 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. [F13] The restricted stock units vest in three installments as follows: 21,567 units on March 14, 2026, 21,567 units on March 14, 2027 and 21,566 units on March 14, 2028. [F11] Not applicable. [F5] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. --- Footnotes (Complete Index) --- F1: As a result of the distribution of shares from Hilrod Holdings XV, L.P. ("Hilrod XV"), Hilrod Holdings XVIII, L.P. ("Hilrod XVIII") and Hilrod Holdings XXVI, L.P. ("Hilrod XXVI"), which were previously reported as indirectly beneficially owned by the reporting person, the total amount of shares directly owned has increased. F10: The restricted stock units vest on March 14, 2026. F11: Not applicable. F12: The restricted stock units vest in two installments as follows: 19,333 units on March 14, 2026 and 19,334 units on March 14, 2027. F13: The restricted stock units vest in three installments as follows: 21,567 units on March 14, 2026, 21,567 units on March 14, 2027 and 21,566 units on March 14, 2028. F2: 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, Hilrod Holdings XVIII, Hilrod Holdings XXIII, L.P. and Hilrod Holdings XXVI, and (ii) disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. F3: Reflects the distribution of shares to the reporting person as one of the general partners of Hilrod Holdings XV, Hilrod Holdings XVIII and Hilrod Holdings XXVI. The shares received from the distribution are directly beneficially owned by the reporting person. The remaining shares are now owned by Sterling Trustees LLC and such shares are not deemed beneficially owned by the reporting person. 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 122,000 shares. The remaining options vest on March 14, 2026. F7: The options are currently vested with respect to 51,167 shares. The remaining options vest in two installments as follows: 51,167 shares on March 14, 2026 and 51,166 shares on March 14, 2027. F8: The options vest in three equal installments on March 14, 2026, March 14, 2027 and March 14, 2028. F9: 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. --- Signature --- /s/ Paul J. Dechary, attorney-in-fact (2026-03-13)