STOCK TITAN

Boston Beer (NYSE: SAM) director granted RSUs and stock options

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

Rhea-AI Filing Summary

Boston Beer Co. director Joseph Hugh Jordan received new equity awards. On May 27, 2026, he was granted 358 RSUs of Class A Common stock under the Equity Plan for Non-Employee Directors, which vest in full on May 12, 2027 if he remains on the board.

He was also granted stock options for 691 shares of Class A Common at an exercise price of $181.63 per share, immediately exercisable subject to the company’s Director Stock Ownership and Retention Guidelines. Following these grants, he directly holds 1,411 Class A Common shares.

Positive

  • None.

Negative

  • None.
Insider JORDAN JOSEPH HUGH
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 --
Holdings After Transaction: May 27, 2026 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 RSUs Granted May 27, 2026 to non-employee director
Options granted 691 option shares Stock options granted May 27, 2026
Option exercise price $181.63 per share Conversion or exercise price for 691 options
Shares held after 1,411 shares Total Class A Common held directly after grants
RSU vesting date May 12, 2027 Date 358 RSUs vest if board service continues
Option expiration May 26, 2036 Expiration date for 691 stock options
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
"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
"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*
JORDAN JOSEPH HUGH

(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)358(2)A$0.001,411D
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, 2026 Stock Option$181.6305/27/2026A(3)69105/27/202605/26/2036Class 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 Joseph H. Jordan05/28/2026
** 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 insider transactions did SAM director Joseph Hugh Jordan report?

Joseph Hugh Jordan reported equity compensation transactions, not open-market trades. He received 358 restricted stock units and stock options for 691 shares of Boston Beer Class A Common on May 27, 2026, under the company’s Equity Plan for Non-Employee Directors, increasing his direct holdings.

How many RSUs did Boston Beer (SAM) grant to director Joseph Hugh Jordan?

Boston Beer granted 358 RSUs of Class A Common to director Joseph Hugh Jordan. These restricted stock units were issued under the Equity Plan for Non-Employee Directors and are scheduled to vest in full on May 12, 2027, if he continues serving on the board.

What are the terms of Joseph Hugh Jordan’s new Boston Beer stock options?

Joseph Hugh Jordan received stock options covering 691 shares of Boston Beer Class A Common. The options have a conversion or exercise price of $181.63 per share, are immediately exercisable, and are governed by the company’s Director Stock Ownership and Retention Guidelines for non-employee directors.

When do Joseph Hugh Jordan’s newly granted RSUs at Boston Beer vest?

The 358 RSUs granted to Joseph Hugh Jordan vest in full on May 12, 2027. Vesting requires that he remain a non-employee member of Boston Beer’s Board of Directors through that date, aligning the award with continued board service during the vesting period.

What is Joseph Hugh Jordan’s Boston Beer share ownership after these grants?

After these May 27, 2026 grants, Joseph Hugh Jordan directly holds 1,411 shares of Boston Beer Class A Common. This figure includes 358 shares of restricted stock that are subject to vesting conditions, as described in the Form 4 footnotes and ownership details.