STOCK TITAN

Director at Boston Beer (NYSE: SAM) receives RSUs and stock options grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

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.

Positive

  • None.

Negative

  • None.
Insider Stone Christopher Isaac
Role null
Type Security Shares Price Value
Grant/Award May 27, 2027 Stock Option 691 $0.00 --
Grant/Award Class A Common 358 $0.00 --
Holdings After Transaction: May 27, 2027 Stock Option — 691 shares (Direct, null); Class A Common — 1,411 shares (Direct, null)
Footnotes (1)
  1. On May 27, 2026, the Issuer granted 358 RSUs to the Reporting Person under the Issuer's Equity Plan for Non-Employee Directors. The shares will vest in full on May 12, 2027, provided that the non-employee Director remains a member of the Board of Directors as of that date. The shares reported include 358 shares of restricted stock subject to vesting conditions. On May 27, 2026, the Issuer granted 691 option shares to the Reporting Person under the Issuer's Equity Plan for Non-Employee Directors. The option shares are immediately exercisable, subject to the Company's Director Stock Ownership and Retention Guidelines.
RSUs granted 358 shares Granted May 27, 2026; vest May 12, 2027
Options granted 691 shares Stock options granted May 27, 2026
Option exercise price $181.63 per share Conversion/exercise price for 691 option shares
Option expiration May 26, 2027 Expiration date of May 27, 2027 stock option
Common shares after grant 1,411 shares Total Class A Common directly held after transactions
Option shares after grant 691 shares Total option shares directly held after transactions
RSUs financial
"the Issuer granted 358 RSUs to the Reporting Person under the Issuer's Equity Plan"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Equity Plan for Non-Employee Directors financial
"granted 358 RSUs to the Reporting Person under the Issuer's Equity Plan for Non-Employee Directors"
restricted stock financial
"The shares reported include 358 shares of restricted stock subject to vesting conditions"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
stock option financial
"On May 27, 2026, the Issuer granted 691 option shares to the Reporting Person"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
Director Stock Ownership and Retention Guidelines financial
"immediately exercisable, subject to the Company's Director Stock Ownership and Retention Guidelines"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Stone Christopher Isaac

(Last)(First)(Middle)
C/O THE BOSTON BEER COMPANY, INC.
ONE DESIGN CENTER PLACE, SUITE 850

(Street)
BOSTON MASSACHUSETTS 02210

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BOSTON BEER CO INC [ SAM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common05/27/2026A(1)358A$0.001,411(2)D
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
May 27, 2027 Stock Option$181.6305/27/2026A(3)69105/27/202605/26/2027Class A Common691$0.00691D
Explanation of Responses:
1. On May 27, 2026, the Issuer granted 358 RSUs to the Reporting Person under the Issuer's Equity Plan for Non-Employee Directors. The shares will vest in full on May 12, 2027, provided that the non-employee Director remains a member of the Board of Directors as of that date.
2. The shares reported include 358 shares of restricted stock subject to vesting conditions.
3. On May 27, 2026, the Issuer granted 691 option shares to the Reporting Person under the Issuer's Equity Plan for Non-Employee Directors. The option shares are immediately exercisable, subject to the Company's Director Stock Ownership and Retention Guidelines.
Remarks:
Michael G. Andrews under POA for the benefit of Christopher I. Stone05/28/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What equity awards did Christopher Isaac Stone receive from SAM on May 27, 2026?

Christopher Isaac Stone received 358 restricted stock units and options on 691 shares of Class A Common. The options have a $181.63 exercise price and were granted under Boston Beer’s Equity Plan for Non-Employee Directors as part of his board compensation.

When do Christopher Isaac Stone’s new RSUs from Boston Beer (SAM) vest?

The 358 restricted stock units vest in full on May 12, 2027, if Stone continues serving as a non-employee director. This time-based vesting condition aligns his compensation with ongoing board service and long-term shareholder interests at Boston Beer.

What are the terms of Christopher Isaac Stone’s new Boston Beer stock options?

Stone received options on 691 Class A Common shares with a $181.63 exercise price. These options are immediately exercisable and were granted under the Equity Plan for Non-Employee Directors, subject to the company’s Director Stock Ownership and Retention Guidelines.

How many Boston Beer shares does Christopher Isaac Stone hold after this Form 4?

After the reported grants, Stone directly holds 1,411 shares of Class A Common Stock. He also holds options covering 691 underlying Class A Common shares, reflecting his updated ownership position as a non-employee director of Boston Beer.

Are Christopher Isaac Stone’s Boston Beer RSUs subject to vesting conditions?

Yes. The 358 RSUs are restricted stock subject to vesting conditions, including continued board service through May 12, 2027. Until vesting, these shares remain restricted and are intended to support longer-term alignment with Boston Beer shareholders.