Monster Beverage Corp. reported an insider equity award for Ana Demel, a company director, tied to her board service. The Form 4, filed July 10, 2026, reports an ownership change dated July 8, 2026. Demel received 2,039 restricted stock units, reported with transaction code “A,” which denotes an award or grant. Each restricted stock unit represents either a contingent right to receive one share of Monster Beverage common stock or, alternatively, a cash amount equal to the value of the shares as of the vesting date. No exercise or conversion price was applicable to the restricted stock units. The RSUs are scheduled to vest in full—100% of the award—on the last business day before Monster Beverage’s 2027 annual stockholder meeting, provided Demel continues serving as a director through that date. Following the reported award, Demel beneficially owned 2,039 restricted stock units. The filing also reports deferred stock unit holdings under Monster Beverage’s Deferred Compensation Plan for Non-Employee Directors, a sub-plan of the company’s 2017 Compensation Plan for Non-Employee Directors, as amended and restated on February 23, 2022. The deferred stock units are economically equivalent to one share of Monster Beverage common stock each and may include voluntarily deferred director compensation. The filing notes that no new transaction was being reported for that deferred stock unit line; it was included only to disclose holdings as of the reporting date. The document indicates 243 deferred stock units were held. Deferred stock units under the plan are generally settled in Monster Beverage stock, excluding fractional units, and become payable according to the form elected or provided under the plan. Payment can occur on the earliest of a specified date or event selected by the director, the calendar year following separation from the company’s board, or upon death, disability, or a change in control. The filing was signed on Demel’s behalf by Paul J. Dechary as attorney-in-fact on July 10, 2026.