| FORM 3 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
| 2. Date of Event Requiring Statement
(Month/Day/Year) 09/03/2026 | 3. Issuer Name and Ticker or Trading Symbol
Monster Beverage Corp [ MNST ] Foreign Trading Symbol | |||||||||||||
| 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
| 5. If Amendment, Date of Original Filed
(Month/Day/Year) | ||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
|---|---|---|---|
| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Common Stock | 6,808 | D | |
| Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Employee Stock Option (right to buy) | (1) | 03/14/2032 | Common Stock | 12,000 | 18.31 | D | |
| Employee Stock Option (right to buy) | (2) | 10/03/2032 | Common Stock | 37,500 | 22.27 | D | |
| Employee Stock Option (right to buy) | (3) | 03/14/2033 | Common Stock | 22,500 | 25.41 | D | |
| Employee Stock Option (right to buy) | (4) | 06/01/2033 | Common Stock | 20,000 | 29.68 | D | |
| Employee Stock Option (right to buy) | (5) | 03/14/2034 | Common Stock | 60,000 | 30.15 | D | |
| Employee Stock Option (right to buy) | (6) | 09/03/2034 | Common Stock | 60,000 | 24.15 | D | |
| Employee Stock Option (right to buy) | (7) | 03/14/2035 | Common Stock | 50,000 | 27.55 | D | |
| Employee Stock Option (right to buy) | (8) | 03/13/2036 | Common Stock | 19,800 | 38.56 | D | |
| Restricted Stock Units | (9) | (10) | Common Stock | 1,200 | (11) | D | |
| Restricted Stock Units | (12) | (10) | Common Stock | 12,600 | (11) | D | |
| Restricted Stock Units | (13) | (10) | Common Stock | 6,600 | (11) | D | |
| Explanation of Responses: |
| 1. The options vest on March 14, 2027. |
| 2. The options are currently vested with respect to 10,000 shares. The remaining options vest in two installments as follows: 12,500 shares on October 3, 2026 and 15,000 shares on October 3, 2027. |
| 3. The options are currently vested with respect to 6,000 shares. The remaining options vest in two installments as follows: 7,500 shares on March 14, 2027 and 9,000 shares on March 14, 2028. |
| 4. The options are currently vested with respect to 9,000 shares. The remaining options vest in two installments as follows: 5,000 shares on June 1, 2027 and 6,000 shares on June 1, 2028. |
| 5. 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. |
| 6. The options are currently vested with respect to 24,000 shares. The remaining options vest in three equal installments on September 3, 2027, 2028 and 2029. |
| 7. The options are currently vested with respect to 12,500 shares. The remaining options vest in three equal installments on March 14, 2027, 2028 and 2029. |
| 8. The options vest in four equal installments on March 13, 2027, 2028, 2029 and 2030. |
| 9. The restricted stock units vest on March 14, 2027. |
| 10. Not Applicable. |
| 11. 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. |
| 12. The restricted stock units vest in three equal installments on March 14, 2027, 2028 and 2029. |
| 13. The restricted stock units vest in four equal installments on March 13, 2027, 2028, 2029 and 2030. |
| Remarks: |
| Exhibit List Exhibit 24.1 - Power of Attorney |
| /s/ Paul J. Dechary, Attorney-in-Fact | 09/14/2026 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||
POWER OF ATTORNEY
Know all by these presents, that the undersigned hereby constitutes and appoints Paul J. Dechary the undersigneds true and lawful attorney-in-fact to:
| (1) | obtain credentials (including codes or passwords) to enable the undersigned to submit and file documents, forms and information required by Section 16(a) of the Securities Exchange Act of 1934, as amended (the Exchange Act) or any rule or regulation of the U.S. Securities and Exchange Commission (SEC) via the Electronic Data Gathering and Retrieval (EDGAR) system, including preparing, executing in the undersigneds name and on the undersigneds behalf, and submitting to the SEC a Form ID, including amendments thereto, and any other documents necessary or appropriate to obtain codes and passwords enabling the undersigned to make electronic filings with the SEC of reports required by Section 16(a) of the Exchange Act or any rule or regulation of the SEC, and enrolling the undersigned in EDGAR Next or any successor filing system; |
| (2) | act as an account administrator for the undersigneds EDGAR account, including: (i) appointing, removing and replacing account administrators, technical administrators, account users, and delegated entities; (ii) maintaining the security of the undersigneds EDGAR account, including modification of access codes; (iii) maintaining, modifying and certifying the accuracy of information on the undersigneds EDGAR account dashboard; and (iv) taking any other actions contemplated by Rule 10 of Regulation S-T; |
| (3) | cause Monster Beverage Corporation (the Company) to accept a delegation of authority from the undersigneds EDGAR account administrators and authorize the Companys EDGAR account administrators pursuant to that delegated entity designation to appoint, remove or replace users for the undersigneds EDGAR account; |
| (4) | execute for and on behalf of the undersigned, in the undersigneds capacity as an officer and/or director of the Company, Forms 3, 4, and 5 in accordance with Section 16(a) of the Exchange Act and the rules thereunder, and Forms 144 in accordance with Rule 144 under the Securities Act of 1933, as amended (the Securities Act); |
| (5) | seek or obtain, as the undersigneds representative and on the undersigneds behalf, information on transactions in the Companys securities from any third party, including brokers, employee benefit plan administrators and trustees, and the undersigned hereby authorizes any such person to release any such information to any attorney-in-fact and further approves and ratifies any such release of information; |
| (6) | do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, or Form 144, or other required report, complete and execute any amendment or amendments thereto, and timely file such forms or reports with the SEC, Nasdaq and any stock exchange or similar authority as considered necessary or advisable under Section 16(a) of the Exchange Act or Rule 144 of the Securities Act; and |
| (7) | take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney‑in‑fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney‑in‑fact may approve in such attorney-in-fact’s discretion. |
The undersigned hereby grants the attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-facts substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorney-in-fact, in serving in such capacity at the request of the undersigned, is not assuming, nor is the Company assuming, any of the undersigneds responsibilities to comply with Section 16 of the Exchange Act.
This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 or Forms 144 with respect to the undersigneds holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorney-in-fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 3rd day of September, 2026.
/s/ Michael V. Rodriguez
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Signature
Michael V. Rodriguez
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Print Name