Boston Beer (SAM) director receives RSUs and new stock options award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Boston Beer Co. director Cynthia A. Fisher reported new equity compensation and updated indirect holdings in Class A Common Stock. On May 27, 2026, she was granted 358 RSUs under the Equity Plan for Non-Employee Directors; these shares vest in full on May 12, 2027, if she remains on the Board.
She also received a stock option for 691 shares of Class A Common at an exercise price of $181.63 per share, immediately exercisable and subject to the Company’s Director Stock Ownership and Retention Guidelines, with an expiration date in 2036. Following these grants, she directly holds 4,399 Class A shares, including the 358 restricted shares subject to vesting conditions. The filing also lists several indirect positions held through LLCs, trusts, a foundation, and family accounts, with some interests expressly disclaimed except for her pecuniary stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Fisher Cynthia A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | May 27, 2026 Stock Option | 691 | $0.00 | -- |
| Grant/Award | Class A Common | 358 | $0.00 | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
Holdings After Transaction:
May 27, 2026 Stock Option — 691 shares (Direct, null);
Class A Common — 4,399 shares (Direct, null);
Class A Common — 122,923 shares (Indirect, By Foundation managed by Reporting Person)
Footnotes (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. The shares are held by a limited liability company managed by the Reporting Person. The Reporting Person expressly disclaims beneficial ownership of the securities except to the extent of her pecuniary interest therein. The shares are held by an LLC managed by the Reporting Person and owned by Trusts established for the benefit of the Reporting Person's children and the Reporting Person's spouse's children. The Reporting Person is the Trustee or Co-Trustee for each Trust. 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.
Key Figures
RSUs granted: 358 shares
RSU vesting date: May 12, 2027
Stock options granted: 691 shares
+5 more
8 metrics
RSUs granted
358 shares
Granted May 27, 2026 under Equity Plan for Non-Employee Directors
RSU vesting date
May 12, 2027
Vests in full if director remains on Board
Stock options granted
691 shares
May 27, 2026 stock option grant
Option exercise price
$181.63 per share
Conversion or exercise price for 691 option shares
Option expiration
May 25, 2036
Expiration date of May 27, 2026 option grant
Direct shares after grant
4,399 shares
Class A Common directly held following RSU grant
Foundation indirect holding
122,923 shares
Class A Common held by foundation managed by Reporting Person
LLC indirect holding
33,248 shares
Class A Common held by LLC managed by Reporting Person
Key Terms
RSUs, Equity Plan for Non-Employee Directors, restricted stock, pecuniary interest, +2 more
6 terms
RSUs financial
"On May 27, 2026, the Issuer granted 358 RSUs to the Reporting Person under the Issuer's Equity Plan for Non-Employee Directors."
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
"the Issuer 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.
pecuniary interest financial
"The Reporting Person expressly disclaims beneficial ownership of the securities except to the extent of her pecuniary interest therein."
Director Stock Ownership and Retention Guidelines financial
"The option shares are immediately exercisable, subject to the Company's Director Stock Ownership and Retention Guidelines."
UGTMA financial
"By spouse as custodian for children under UGTMA"
FAQ
What did Boston Beer (SAM) director Cynthia Fisher report in this Form 4?
Cynthia Fisher reported new equity awards and updated indirect holdings. She disclosed grants of restricted stock units and stock options in Boston Beer Class A Common, plus multiple indirect positions held through LLCs, trusts, a foundation, and family-related accounts.
How many RSUs did Cynthia Fisher receive from Boston Beer (SAM)?
She received 358 restricted stock units (RSUs). The RSUs were granted under Boston Beer’s Equity Plan for Non-Employee Directors and will vest in full on May 12, 2027, provided she continues serving as a member of the Board of Directors.
What are the terms of Cynthia Fisher’s new Boston Beer (SAM) stock options?
She received options on 691 Class A shares at $181.63. The options were granted on May 27, 2026, are immediately exercisable subject to Director Stock Ownership and Retention Guidelines, and are scheduled to expire in 2036 if not exercised earlier.
Does Cynthia Fisher’s Boston Beer (SAM) Form 4 show any stock sales?
The summarized data show equity grants but no reported sales. The transactions with explicit codes reflect grant or award acquisitions of RSUs and options, while other line items update indirect holdings with unknown transaction codes.