Director Cynthia Fisher adds 1,560 Boston Beer (SAM) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Boston Beer Co. director Cynthia A. Fisher exercised a 2016 stock option to acquire 1,560 shares of Class A Common Stock at $157.58 per share. Following the exercise, she holds 4,041 shares directly, including 271 shares of restricted stock subject to vesting conditions.
The filing also shows additional Class A Common shares held indirectly through a foundation, LLCs, a custodial account managed by her spouse for children under UGTMA, and a trust for children. Fisher expressly disclaims beneficial ownership of these indirect holdings except to the extent of her pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,560 shares exercised/converted
Mixed
7 txns
Insider
Fisher Cynthia A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 5-25-2016 Stock Option | 1,560 | $0.00 | -- |
| Exercise | Class A Common | 1,560 | $157.58 | $246K |
| holding | Class A Common | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
Holdings After Transaction:
5-25-2016 Stock Option — 0 shares (Direct);
Class A Common — 4,041 shares (Direct);
Class A Common — 122,923 shares (Indirect, By Foundation managed by Reporting Person)
Footnotes (1)
- The shares reported include 271 shares of restricted stock subject to vesting conditions. The Reporting Person expressly disclaims beneficial ownership of the securities except to the extent of her pecuniary interest therein.
Key Figures
Options exercised: 1,560 shares
Exercise price: $157.58 per share
Direct holdings after exercise: 4,041 shares
+5 more
8 metrics
Options exercised
1,560 shares
Stock option dated 5-25-2016 exercised on 2026-04-02
Exercise price
$157.58 per share
Conversion or exercise price of 2016 stock option
Direct holdings after exercise
4,041 shares
Class A Common held directly following the transaction
Restricted stock included
271 shares
Restricted stock within direct holdings, subject to vesting
Foundation indirect holdings
122,923 shares
Class A Common held by foundation managed by reporting person
LLC indirect holdings (1)
33,248 shares
Class A Common held by LLC managed by reporting person
Spouse custodial indirect holdings
23,486 shares
Class A Common held by spouse as custodian for children under UGTMA
Trust indirect holdings
2,532 shares
Class A Common held as trustee in trust for children
Key Terms
restricted stock, pecuniary interest, UGTMA, derivative security, +1 more
5 terms
restricted stock financial
"The shares reported include 271 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.
pecuniary interest financial
"disclaims beneficial ownership of the securities except to the extent of her pecuniary interest"
UGTMA financial
"By spouse as custodian for children under UGTMA"
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
stock option financial
"security_title": "5-25-2016 Stock Option""
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.
FAQ
What insider transaction did Cynthia Fisher report for Boston Beer (SAM)?
Cynthia A. Fisher reported exercising a 2016 stock option to acquire 1,560 shares of Boston Beer Class A Common Stock at $157.58 per share. This transaction converts a derivative award into directly owned shares rather than representing an open-market purchase or sale.
What indirect Boston Beer (SAM) holdings are associated with Cynthia Fisher?
The filing lists indirect Class A Common holdings through a foundation managed by her, several LLCs she manages, a custodial account for children under UGTMA held by her spouse, and a trust for children where she is trustee. These positions supplement her direct share ownership.