Welcome to our dedicated page for BOSTON BEER CO SEC filings (Ticker: SAM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on BOSTON BEER CO's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time EDGAR feed updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into BOSTON BEER CO's regulatory disclosures and financial reporting.
BOSTON BEER CO INC (SAM) disclosed leadership changes in its finance organization. On August 17, 2026, Diego Reynoso notified the company that he is stepping down as Treasurer and Chief Financial Officer; the company states his departure is not related to any disagreement on operations, policies, or practices. Reynoso will remain through September 30, 2026 to support an orderly transition, and the Board has begun a formal search for a permanent replacement.
On August 20, 2026, the Board appointed Matthew D. Murphy, age 57, as interim Treasurer and Chief Financial Officer effective September 15, 2026, while he continues as Chief Accounting Officer and Vice President of Finance. Murphy has served as Chief Accounting Officer since 2015, Vice President of Finance since 2023, and previously acted as interim CFO and Treasurer from March to September 2023. An Offer Letter approved by the Compensation Committee on August 20, 2026 keeps his annual base salary at $419,359.41, with a bonus target of 50% of base salary at 100% “Bonus Scale” payout and a target annual equity value of $250,000. He is also eligible for an interim CFO transition cash bonus of up to $700,000, payable in four installments, contingent on continued employment as detailed in the Offer Letter.
AQR Capital Management, LLC and its parent AQR Capital Management Holdings, LLC report beneficial ownership of 539,988 shares of BOSTON BEER CO INC Class A Common Stock. This position represents 6.47% of the Class A Common Stock outstanding as of June 30, 2026.
Both entities report shared voting power and shared dispositive power over all 539,988 shares, with no sole voting or dispositive power. AQR Capital Management, LLC is identified as a wholly owned subsidiary of AQR Capital Management Holdings, LLC, and the joint filing agreement confirms the Schedule 13G/A is submitted on behalf of both entities.
The Boston Beer Company, Inc. adopted a Rule 10b5-1 stock repurchase plan on August 10, 2026. The plan authorizes the repurchase of up to $25 million of the company’s Class A Common Stock during a defined trading window commencing on September 28, 2026 and ending on December 25, 2026. The plan is intended to govern repurchases under pre-set instructions during this period.
The Boston Beer Company reported Q2 2026 net revenue of $568.3 million, down 3.3% as shipment volume fell 4.5% to 2.047 million barrels, partly offset by a 1.2% increase in net revenue per barrel. Net income was $51.6 million, below $60.4 million a year earlier, as higher brand marketing and freight costs outweighed stable per‑barrel production costs.
For the first half of 2026, net revenue was $1.00 billion and the company recorded a net loss of $93.7 million, versus $84.8 million income in 2025, driven mainly by $192.6 million of litigation expense related to a supplier dispute with Ardagh, including damages and interest. Operating cash flow remained positive at $117.6 million, increasing cash and equivalents to $265.5 million with a fully undrawn $150 million revolver. Boston Beer continued repurchases, retiring 231,733 Class A shares for $48.5 million year‑to‑date, and estimates 2026 aluminum tariffs will add $20–30 million to costs after incurring $12.1 million in the first half.
The Boston Beer Company reported second quarter 2026 net revenue of $568.3 million, down 3.3% as depletions fell 6% and shipments declined 4.5%. Gross margin improved to 50.4%, up 60 basis points year over year. GAAP diluted EPS was $4.96, including a $1.31 per-share benefit from a favorable supplier-dispute litigation adjustment, and non-GAAP diluted EPS was $3.65.
For the first half of 2026, net revenue was $1.002 billion, down 3.8%, with depletions down 5% and shipments down 5.6%. Supplier-dispute litigation and related items produced $192.6 million of expense plus $5.4 million of legal costs, driving a GAAP diluted loss per share of $(8.99) versus non-GAAP diluted EPS of $5.28. The company ended the quarter with $265.5 million in cash and no debt, repurchased $54.1 million of Class A shares year to date, kept 2026 non-GAAP EPS guidance at $8.50–$10.50, and updated GAAP EPS loss guidance to $(6.23)–$(4.23).
Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander report beneficial ownership of 411,413 shares of The Boston Beer Company, Inc. Class A Common Stock, representing 4.9% of the class. The shares are held through entities over which Millennium Management LLC and related managers have voting control and investment discretion.
The group states it acquired more than 5% of the outstanding Class A Common Stock on July 16, 2026, but by the date of this Schedule 13G filing their beneficial ownership had fallen to 5% or less. Voting and dispositive authority over the reported shares is shared, with no sole voting or dispositive power reported, and the filers disclaim that this structure alone constitutes an admission of beneficial ownership.
BlackRock, Inc. reports beneficial ownership of 947,156 shares of Boston Beer Co. Class A common stock. The filing states this equals 11.3% of the class as of 06/30/2026, with 927,686 shares of sole voting power and 947,156 shares of sole dispositive power.
The Boston Beer Company, Inc. reports an amended final judgment in its supplier dispute with Ardagh Metal Packaging USA Corp. The Court set damages at $175.5 million and pre-judgement interest at $15.5 million, for a combined pre-tax total of $191.0 million.
Previously, Boston Beer had recorded a non-recurring pre-tax litigation expense of $175.5 million and related pre-judgement interest expense of $36.5 million, totaling $212.0 million. The new ruling lowers recorded pre-judgement interest by $21.0 million, which the company estimates will favorably impact GAAP earnings per share by $1.52 per diluted share in the second quarter of 2026.
The company continues to deny breaching the contract and plans to pursue posttrial motions and appeals. Post-judgement interest from April 3, 2026 will accrue on the $191.0 million at an estimated statutory rate of 3.79%, and the company states it cannot estimate when or if damages and interest will ultimately be paid.
The Boston Beer Company, Inc. reported results from its 2026 Annual Meeting of Stockholders held on May 27, 2026. Class A stockholders elected three Class A directors for one-year terms ending at the 2027 annual meeting, and Class B stockholder C. James Koch elected five Class B directors for similar one-year terms.
Class A stockholders considered an advisory resolution on executive compensation, with 2,418,918 votes for, 3,250,742 votes against, and 23,785 abstentions, so the proposal did not receive majority support. The Class B stockholder ratified Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 26, 2026.
On May 28, 2026, the Board made committee assignments, including Cynthia L. Swanson as Audit Committee Chair, Joseph H. Jordan as Compensation Committee Chair, and Meghan V. Joyce as Nominating/Governance Committee Chair. The non-employee directors also reappointed Julio N. Nemeth as Lead Director.
Boston Beer Co. director Christopher Isaac Stone reported receiving new equity awards as part of his board compensation. On May 27, 2026, he was granted 358 restricted stock units that vest in full on May 12, 2027, if he remains a director. He was also granted stock options for 691 Class A Common shares at an exercise price of $181.63 per share, which are immediately exercisable subject to the company’s director stock ownership and retention guidelines. Following these awards, he directly holds 1,411 shares of Class A Common Stock and 691 option shares.