Monster Beverage Corporation filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits
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CURRENT REPORT
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Item 5.07. Submission of Matters to a Vote of Security Holders.
At the Annual Meeting of Stockholders of Monster Beverage Corporation (the “Company”) held on May 14, 2026, the following matters were submitted to a vote of the stockholders. For more information on the following proposals, see the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on March 27, 2026.
Proposal No. 1. To elect ten directors of the Company to serve until the 2027 annual meeting of stockholders.
In accordance with the results below, the following individuals were re-elected as directors of the Company and received the number of votes set opposite their respective names.
| Director | Votes For | Votes Against | Abstentions | Broker Non-Votes | ||||||||||||
| Ana Demel | 862,378,221 | 3,609,825 | 213,601 | 19,519,201 | ||||||||||||
| James L. Dinkins | 863,419,283 | 2,564,360 | 218,004 | 19,519,201 | ||||||||||||
| William W. Douglas III | 861,807,993 | 4,176,166 | 217,488 | 19,519,201 | ||||||||||||
| Mark J. Hall | 855,092,867 | 10,497,178 | 611,602 | 19,519,201 | ||||||||||||
| Tiffany M. Hall | 851,841,347 | 13,320,869 | 1,039,431 | 19,519,201 | ||||||||||||
| Jeanne P. Jackson | 798,763,505 | 67,224,877 | 213,265 | 19,519,201 | ||||||||||||
| Steven G. Pizula | 851,070,569 | 14,914,966 | 216,112 | 19,519,201 | ||||||||||||
| Rodney C. Sacks | 852,151,746 | 13,448,703 | 601,198 | 19,519,201 | ||||||||||||
| Hilton H. Schlosberg | 857,208,955 | 8,390,930 | 601,762 | 19,519,201 | ||||||||||||
| Mark S. Vidergauz | 755,948,888 | 102,628,948 | 7,623,811 | 19,519,201 | ||||||||||||
Proposal No. 2. To ratify the appointment of Ernst & Young LLP to serve as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2026.
In accordance with the results below, the appointment of Ernst & Young LLP was ratified and approved.
| Votes For | Votes Against | Abstentions | |||||||
| 885,168,644 | 340,152 | 212,052 | |||||||
Proposal No. 3. To approve, on a non-binding, advisory basis, the compensation of the Company’s named executive officers.
In accordance with the results below, the compensation of the Company’s named executive officers was approved on a non-binding, advisory basis.
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||||
| 823,312,573 | 42,628,482 | 260,592 | 19,519,201 |
Item 8.01. Other Events.
On May 14, 2026, the Board of Directors of the Company authorized a new repurchase program for the repurchase of up to an additional $500.0 million of the Company’s outstanding shares of common stock. As of May 14, 2026, approximately $400.0 million remained available for repurchase under the Company’s previously authorized repurchase program. The Company expects to make the share repurchases from time to time in the open market, through privately-negotiated transactions, by block-purchase or through other transactions managed by broker-dealers, or otherwise, subject to applicable laws, regulations and approvals. The timing of the share repurchases will depend on a variety of factors, including market conditions, and the share repurchases may be suspended or discontinued at any time.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| Exhibit 99.1 | Press Release dated May 15, 2026. |
| Exhibit 104 | The cover page from this Current Report on Form 8-K, formatted in iXBRL (Inline eXtensible Business Reporting Language). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Monster Beverage Corporation | |
| Date: May 15, 2026 | /s/ Hilton H. Schlosberg |
| Hilton H. Schlosberg | |
| Vice Chairman of the Board of Directors and | |
| Chief Executive Officer |