October 7, 2024 · Form 4 insider transaction
FAYARD GARY P bought 558 shares of Monster Beverage Corporation at $49.24 per share, a transaction worth $27.5K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Each deferred stock unit is economically equivalent to one share of the Company's common stock.; Deferred stock units credited to the reporting person under the Monster Beverage Corporation Deferred Compensation Plan for Non-Employee Directors (the "Deferral Plan"), a sub-plan of the Monster Beverage Corporation 2017 Compensation Plan for Non-Employee Directors as Amended and Restated on February 23, 2022, which may include voluntary deferred compensation.; The deferred stock units credited under the Deferral Plan are settled (other than fractional units) in stock and are generally payable in the form elected or provided under the Deferral Plan on the earliest of: (i) a specified date or event designated by the reporting person, (ii) in the calendar year following the year in which the reporting person's service with the Board of Directors of the Company separates, or (iii) upon death, disability or change in control as defined under the Deferral Plan.