Boston Beer (SAM) director Nemeth granted RSUs and stock options in equity awards

Rhea-AI Filing Summary

Boston Beer director Julio N. Nemeth received new equity awards in the form of restricted stock units and stock options. He was granted 358 RSUs that vest in full on May 12, 2027 if he remains on the Board. He also received stock options covering 691 shares of Class A Common Stock at an exercise price of $181.63 per share, which are immediately exercisable subject to the company’s director ownership and retention guidelines. Following these awards, he directly holds 1,076 Class A Common shares, plus the 691 option shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Nemeth Julio N

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 — 1,076 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.

Key Figures

RSUs granted: 358 shares Options granted: 691 shares Option exercise price: $181.63 per share +3 more

6 metrics

RSUs granted 358 shares Restricted stock units granted on May 27, 2026

Options granted 691 shares Stock options granted on May 27, 2026

Option exercise price $181.63 per share Exercise price for 691 option shares

Shares held after 1,076 shares Class A Common directly held following transactions

Option expiration May 26, 2036 Expiration date of May 27, 2026 stock option grant

RSU vesting date May 12, 2027 RSUs vest if Nemeth remains on the Board

Key Terms

restricted stock units, Equity Plan for Non-Employee Directors, stock option, Director Stock Ownership and Retention Guidelines

4 terms

restricted stock units financial

"On May 27, 2026, the Issuer granted 358 RSUs to the Reporting Person under the Issuer's Equity Plan for Non-Employee Directors."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

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."

stock option financial

"On May 27, 2026, the Issuer granted 691 option shares to the Reporting Person under the Issuer's Equity Plan for Non-Employee Directors."

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

"The option shares are immediately exercisable, subject to the Company's Director Stock Ownership and Retention Guidelines."

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Nemeth Julio N

(Last) (First) (Middle)

ONE DESIGN CENTER PLACE, SUITE 850

C/O THE BOSTON BEER COMPANY

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common	05/27/2026		A(1)		358	D	$0.00	1,076(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
May 27, 2026 Stock Option	$181.63	05/27/2026		A(3)		691		05/27/2026	05/26/2036	Class A Common	691	$0.00	691	D

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 Julio N. Nemeth	05/28/2026
	** Signature of Reporting Person	Date
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 Julio N. Nemeth report for BOSTON BEER (SAM)?

Julio N. Nemeth reported equity awards from Boston Beer, including 358 restricted stock units and stock options for 691 shares. These are compensation-related grants, not open-market purchases or sales, and increase his potential ownership in the company over time.

How many Boston Beer (SAM) shares does Julio N. Nemeth hold after this Form 4?

After the reported grants, Nemeth directly holds 1,076 shares of Boston Beer Class A Common Stock. He also holds stock options for 691 additional shares, giving him exposure to more equity if he chooses to exercise those options in the future.

What are the terms of Julio N. Nemeth’s RSU grant from Boston Beer (SAM)?

Nemeth received 358 restricted stock units under Boston Beer’s Equity Plan for Non-Employee Directors. These RSUs will vest in full on May 12, 2027, provided he continues to serve as a non-employee director on the Board through that vesting date.

What are the details of the stock options granted to Julio N. Nemeth by Boston Beer (SAM)?

Boston Beer granted Nemeth stock options on 691 shares of Class A Common Stock with an exercise price of $181.63 per share. The options are immediately exercisable, but remain subject to the company’s Director Stock Ownership and Retention Guidelines described in the footnotes.

Are Julio N. Nemeth’s recent Boston Beer (SAM) transactions open-market buys or sells?

The reported transactions are equity compensation grants, coded as awards, not open-market buys or sells. Nemeth acquired RSUs and stock options from Boston Beer as part of his director compensation, rather than purchasing or selling shares in public market transactions.