=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-09-03
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: Monster Beverage Corp (MNST)
CIK: 0000865752
--- Reporting Owner ---
Name: Gehring Rob L.
CIK: 0002066234
Role: Officer (CEO, Americas)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-09-03 | Code: M (Exercise of derivative)
Shares: +20,000
Shares Owned After: 33,274 | Ownership: D (Direct)
Footnotes:
[F1] 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.
[F2] On August 10, 2026, the common stock of the Company split 2-for-1 (the "Stock Split"). As a result, the reporting person received one additional share for every one share of common stock held prior to the Stock Split.
[Transaction #2]
Security: Common Stock
Date: 2026-09-03 | Code: F (Payment of exercise/tax)
Shares: -8,760 | Price: $44.08
Total Value: $386,140.80
Shares Owned After: 24,514 | Ownership: D (Direct)
--- Derivative Transactions ---
[Transaction #1]
Security: Restricted Stock Units
Date: 2026-09-03 | Code: M (Exercise of derivative)
Shares: -20,000 | Price: $0.00
Shares Owned After: 20,000 | Ownership: D (Direct)
Footnotes:
[F7] 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.
[F8] The remaining restricted stock units vest on September 3, 2027.
[F9] Not applicable.
[F10] Due to the Stock Split, the number of shares of common stock to be settled by the Company and delivered to the reporting person under the Company's equity incentive compensation plans or agreements governing restricted stock units were doubled.
--- Holdings ---
[Holding #1]
Security: Employee Stock Option (right to buy)
Ownership: D (Direct)
Footnotes:
[F3] Due to the Stock Split, the number of shares allowed to be purchased by the reporting person were doubled and the exercise price per share was reduced by one-half.
[F4] The options are currently vested with respect to 7,000 shares. The remaining options vest in three equal installments on March 14, 2027, March 14, 2028 and March 14, 2029.
[F5] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
[F3] Due to the Stock Split, the number of shares allowed to be purchased by the reporting person were doubled and the exercise price per share was reduced by one-half.
[Holding #2]
Security: Employee Stock Option (right to buy)
Ownership: D (Direct)
Footnotes:
[F3] Due to the Stock Split, the number of shares allowed to be purchased by the reporting person were doubled and the exercise price per share was reduced by one-half.
[F6] The options vest in four equal installments on March 13, 2027, March 13, 2028, March 13, 2029 and March 13, 2030.
[F5] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
[F3] Due to the Stock Split, the number of shares allowed to be purchased by the reporting person were doubled and the exercise price per share was reduced by one-half.
[Holding #3]
Security: Restricted Stock Units
Ownership: D (Direct)
Footnotes:
[F7] 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.
[F11] The restricted stock units vest in three equal installments on March 14, 2027, March 14, 2028 and March 14, 2029.
[F9] Not applicable.
[F5] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
[F10] Due to the Stock Split, the number of shares of common stock to be settled by the Company and delivered to the reporting person under the Company's equity incentive compensation plans or agreements governing restricted stock units were doubled.
[Holding #4]
Security: Restricted Stock Units
Ownership: D (Direct)
Footnotes:
[F7] 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 four equal installments on March 13, 2027, March 13, 2028, March 13, 2029 and March 13, 2030.
[F9] Not applicable.
[F5] No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
[F10] Due to the Stock Split, the number of shares of common stock to be settled by the Company and delivered to the reporting person under the Company's equity incentive compensation plans or agreements governing restricted stock units were doubled.
--- Footnotes (Complete Index) ---
F1: 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.
F10: Due to the Stock Split, the number of shares of common stock to be settled by the Company and delivered to the reporting person under the Company's equity incentive compensation plans or agreements governing restricted stock units were doubled.
F11: The restricted stock units vest in three equal installments on March 14, 2027, March 14, 2028 and March 14, 2029.
F12: The restricted stock units vest in four equal installments on March 13, 2027, March 13, 2028, March 13, 2029 and March 13, 2030.
F2: On August 10, 2026, the common stock of the Company split 2-for-1 (the "Stock Split"). As a result, the reporting person received one additional share for every one share of common stock held prior to the Stock Split.
F3: Due to the Stock Split, the number of shares allowed to be purchased by the reporting person were doubled and the exercise price per share was reduced by one-half.
F4: The options are currently vested with respect to 7,000 shares. The remaining options vest in three equal installments on March 14, 2027, March 14, 2028 and March 14, 2029.
F5: No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F6: The options vest in four equal installments on March 13, 2027, March 13, 2028, March 13, 2029 and March 13, 2030.
F7: 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.
F8: The remaining restricted stock units vest on September 3, 2027.
F9: Not applicable.
--- Signature ---
/s/ /s/ Paul J. Dechary, Attorney-in-Fact (2026-09-08)
