Welcome to our dedicated page for Boston Beer SEC filings (Ticker: SAM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Boston Beer Company SEC filings document financial results, governance matters, capital actions and legal contingencies for the NYSE-listed beverage company. Form 8-K reports include quarterly earnings releases with depletions, shipments, net revenue, gross margin, cash position, debt status, share repurchase activity and litigation-related charges.
Proxy materials describe annual meeting proposals, director elections, advisory executive-compensation votes, auditor ratification and the company’s Class A and Class B common stock voting structure. Other filings cover executive compensation arrangements, leadership and board changes, 10b5-1 repurchase plans, risk disclosures and material-event updates tied to the company’s beverage portfolio and operating model.
The Boston Beer Company, Inc. reported two corporate updates. Director Michael Spillane informed the Board he will not stand for re-election and will retire from the Board at the conclusion of the 2026 Annual Meeting of Stockholders, and his decision was stated as not due to any disagreements regarding operations, policies, or practices.
The company also entered into a Rule 10b5-1 plan on March 10, 2026 to repurchase up to $25 million of its Class A Common Stock during the period from March 30, 2026 through June 26, 2026, providing an authorized framework for share buybacks over that timeframe.
Boston Beer Company’s Chief Operating Officer, Philip A. Hodges, reported a Form 4 showing a tax-withholding disposition of 1,587 shares of Class A Common stock on March 1, 2026. The issuer net withheld these shares to cover taxes on 3,811 restricted stock units that vested the same day. After this transaction, Hodges directly owned 45,301 shares, including 30,378 shares of restricted stock subject to vesting conditions.
Boston Beer’s Chief Marketing Officer Lesya Lysyj received a grant related to a March 1, 2023 performance-based stock option for 566 shares, bringing her total option holdings of that grant to 1,131. On the same date, 383 Class A shares were withheld at $226.78 per share to satisfy taxes on vesting restricted stock units. Footnotes note that 1,293 RSUs vested on March 1, 2026 and that her holdings include 9,465 restricted shares still subject to vesting conditions.
Boston Beer Company executive Annette N. Fritsch, VP of Product Design and R&D, reported equity compensation activity. She received a grant of 309 March 1, 2023 performance-based stock options for no cash cost, adding to her derivative holdings of 617 options.
On March 1, 2026, 914 restricted stock units vested, and the issuer net withheld 270 Class A Common shares at $226.78 per share to cover her tax obligations, a tax-withholding disposition rather than an open-market sale. Following this, she directly holds 9,445 Class A shares, which include 8,541 shares of restricted stock still subject to vesting conditions.
Boston Beer Company’s CAO & VP of Finance, Matthew Donal Murphy, reported multiple equity transactions dated March 1, 2026. He received grants of a 257-share March 1, 2023 performance-based stock option and a 986-share May 15, 2023 time-based stock option, both at an exercise price of $0.00 under the Employee Equity Incentive Plan.
He also acquired 1,764 shares of Class A Common as an equity award and disposed of 193 shares of Class A Common at $226.78 per share to cover tax or exercise obligations. Footnotes explain that performance-based options tied to revenue growth targets were certified as achieved in February 2025 and will vest in three equal installments from 2025–2027, while separate time-based options vest in four equal installments from 2024–2027, in each case contingent on continued employment.
Boston Beer Company executive reports equity award and tax withholding
Philip E. Savastano, Chief Supply Chain Officer of Boston Beer, reported two Class A Common Stock transactions on March 1, 2026. The issuer net withheld 134 shares at $226.78 per share to cover taxes owed on vesting Restricted Stock Units, a tax-withholding disposition that reduced his directly held shares to 2,003.
On the same date, he received a grant of 1,544 Restricted Stock Units at a stated price of $0.00 per share under the company’s employee equity incentive plan, increasing his directly held position to 3,547 shares. The reported holdings include 3,183 shares of restricted stock that remain subject to vesting conditions, meaning the executive’s ability to sell those shares depends on meeting specified service or performance requirements.
Boston Beer’s Chief People Officer Laura J. Boynton reported routine equity compensation activity in company stock. On March 1, she had 88 Class A Common Stock shares disposed of at $226.78 per share to cover taxes from restricted stock unit vesting. The same day, she acquired 1,324 Class A Common shares as a grant of restricted stock units with a stated price of $0.00 per share under the company’s equity incentive plan. Following these transactions, she directly held 2,522 shares, including 2,322 restricted shares that are still subject to vesting conditions.
Boston Beer’s Chief Legal Officer Tara L. Heath reported equity awards and related tax withholding on March 1, 2026. She received grants of 2,206 shares of Class A Common Stock as restricted stock units and 360 performance-based stock options under the company’s Employee Equity Incentive Plan.
To cover tax obligations from the vesting of 1,006 restricted stock units, 297 Class A shares were disposed of through share withholding at a price of $226.78 per share. After these transactions, she directly owned 13,999 Class A shares, including 11,012 shares of restricted stock subject to vesting conditions, and 720 stock options.
Boston Beer Company’s Chief Sales Officer Michael R. Crowley reported routine equity compensation activity involving the company’s Class A Common Stock. On March 1, 2026, 944 restricted stock units (RSUs) vested, and the issuer net withheld 341 shares at a price of $226.78 per share to cover tax obligations.
On the same date, Crowley received a grant of 2,206 RSUs under the company’s Restated Employee Equity Incentive Plan at no cash cost. Following these transactions, he directly owned 12,812 shares, including 11,019 shares of restricted stock that remain subject to vesting conditions.
Boston Beer executive Diego Reynoso, the company’s CFO and Treasurer, reported equity compensation and related tax withholding transactions. On March 1, 2026, he acquired 2,429 shares through vesting of an October 31, 2023 stock option and received 5,734 Class A Common shares as grants of Restricted Stock Units under the company’s equity incentive plan. To cover tax obligations from the vesting of 2,116 RSUs on the same date, 622 Class A Common shares were disposed of by share withholding at a price of 226.78 per share. After these transactions, Reynoso directly owned 26,376 Class A Common shares, including 23,097 shares of restricted stock subject to vesting conditions, and held 7,287 stock options in total.