FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
KELLY THOMAS J
  2. Issuer Name and Ticker or Trading Symbol
Monster Beverage Corp [MNST] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
(Last)
(First)
(Middle)
1 MONSTER WAY		 3. Date of Earliest Transaction (Month/Day/Year)
03/12/2024
(Street)

CORONA, CA 92879		 4. If Amendment, Date Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) 		7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/12/2024   M   934 A (1) 60,990 D  
Common Stock 03/12/2024   F   474 D $ 59.82 60,516 D  
Common Stock 03/14/2024   M   1,132 A (1) 61,648 D  
Common Stock 03/14/2024   M   2,000 A (1) 63,648 D  
Common Stock 03/14/2024   A(2)   7,336 A $ 0 70,984 D  
Common Stock 03/14/2024   F   5,306 D $ 60.3 65,678 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5) 		6. Date Exercisable and Expiration Date
(Month/Day/Year) 		7. Title and Amount of Underlying Securities
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4) 		10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4) 		11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $ 22.58               (3) 03/13/2025 Common Stock (4)   4,428 D  
Employee Stock Option (right to buy) $ 21.99               (3) 03/14/2026 Common Stock (4)   4,542 D  
Employee Stock Option (right to buy) $ 21.82               (3) 12/01/2026 Common Stock (4)   4 D  
Employee Stock Option (right to buy) $ 29.37               (3) 03/14/2028 Common Stock (4)   6,808 D  
Employee Stock Option (right to buy) $ 29.84               (3) 03/14/2029 Common Stock (4)   10,000 D  
Employee Stock Option (right to buy) $ 31.2               (3) 03/13/2030 Common Stock (4)   24,000 D  
Employee Stock Option (right to buy) $ 44.47               (3) 03/12/2031 Common Stock (4)   10,000 D  
Employee Stock Option (right to buy) $ 36.62               (5) 03/14/2032 Common Stock (4)   20,000 D  
Employee Stock Option (right to buy) $ 50.82               (6) 03/14/2033 Common Stock (4)   10,000 D  
Employee Stock Option (right to buy) $ 50.82               (6) 03/14/2033 Common Stock (4)   10,000 D  
Employee Stock Option (right to buy) $ 60.3 03/14/2024   A   9,000     (7) 03/14/2034 Common Stock 9,000 $ 0 9,000 D  
Restricted Stock Units (8) 03/12/2024   M     934   (9)   (10) Common Stock 934 $ 0 0 D  
Restricted Stock Units (8) 03/14/2024   M     2,000   (11)   (10) Common Stock 2,000 $ 0 2,000 D  
Restricted Stock Units (8) 03/14/2024   M     1,132   (12)   (10) Common Stock 1,132 $ 0 2,268 D  
Restricted Stock Units (8) 03/14/2024   A   3,000     (13)   (10) Common Stock 3,000 $ 0 3,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
KELLY THOMAS J
1 MONSTER WAY
CORONA, CA 92879		       Chief Financial Officer  

Signatures

 Paul J. Dechary, attorney-in-fact   03/14/2024
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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).
(1) 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.
(2) Received upon the achievement of the vesting criteria applicable to performance share units granted under the Monster Beverage Corporation 2020 Omnibus Incentive Plan (the "2020 Omnibus Incentive Plan"), achievement of which was certified by the Compensation Committee of the Company's Board of Directors. Each performance share unit represents a contingent right to receive one share of the Company's common stock as of the applicable vesting date.
(3) The options are fully vested.
(4) No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
(5) The options are currently vested with respect to 13,332 shares. The remaining options vest on March 14, 2025.
(6) The options are currently vested with respect to 3,332 shares. The remaining options vest in two installments as follows: 3,334 shares on March 14, 2025 and 3,334 on March 14, 2026.
(7) The options vest in three equal installments on March 14, 2025, March 14, 2026 and March 14, 2027.
(8) The restricted stock units were granted under the 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.
(9) The restricted stock units are fully vested.
(10) Not applicable.
(11) The remaining restricted stock units vest on March 14, 2025.
(12) The remaining restricted stock units vest in two installments as follows: 1,134 units on March 14, 2025 and 1,134 units on March 14, 2026.
(13) The restricted stock units vest in three equal installments on March 14, 2025, March 14, 2026 and March 14, 2027.

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