FMR LLC amended a Schedule 13G/A to report beneficial ownership of 195,365.47 shares of Boston Beer Company Inc. Class A common stock, representing 2.3% of the class. The filing lists sole voting power for 193,067 shares and sole dispositive power for 195,365.47 shares.
The filing cites Abigail P. Johnson in connection with dispositive power and references Exhibit 99 and a power of attorney. It states that no other person holds more than 5% of the Class A shares. Signatures date the amendment and incorporate an Exhibit 24 power of attorney.
Positive
None.
Negative
None.
Insights
Schedules 13G/A report passive beneficial ownership and compliance with Section 13(g).
The amendment documents FMR LLC's beneficial ownership of 195,365.47 shares (2.3%) and specifies voting and dispositive powers. It references a power of attorney and Exhibit 99 for subsidiary classification. This aligns with routine beneficial-ownership reporting procedures.
Filing recipients should note the 2.3% threshold stays below the 5% reporting trigger for larger disclosures; subsequent changes exceeding thresholds would require updated reporting.
Holds a small, non-controlling stake; filing is informational rather than strategic.
The schedule shows FMR LLC's sole dispositive power over 195,365.47 shares and identifies Abigail P. Johnson as connected. The filing clarifies no single other party exceeds 5% ownership.
This filing does not itself imply transactions or changes to company operations; investor-facing teams would treat it as a routine ownership disclosure.
Key Figures
Beneficial ownership:195,365.47 sharesPercent of class:2.3%Sole voting power:193,067 shares+2 more
5 metrics
Beneficial ownership195,365.47 sharesClass A common stock reported on Schedule 13G/A
Percent of class2.3%Percent of Class A common stock beneficially owned
Sole voting power193,067 sharesSole power to vote reported by FMR LLC
Sole dispositive power195,365.47 sharesSole power to dispose or direct disposition
CUSIP100557107Boston Beer Company Class A common stock identifier
Key Terms
Schedule 13G/A, beneficial ownership, dispositive power, Exhibit 24 power of attorney
4 terms
Schedule 13G/Aregulatory
"Amendment No. 4 ) BOSTON BEER COMPANY INC CLASS A COMMON STOCK"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
dispositive powerregulatory
"Sole power to dispose or to direct the disposition of: 195365.47"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Exhibit 24 power of attorneylegal
"This power of attorney is incorporated herein by reference to Exhibit 24"
What does FMR LLC report owning in Boston Beer Company (SAM)?
FMR LLC reports beneficial ownership of 195,365.47 shares of Boston Beer Company Class A common stock, representing 2.3% of that class. The filing lists sole voting power for 193,067 shares and sole dispositive power for 195,365.47 shares.
Does this filing indicate FMR LLC controls Boston Beer Company?
No. The filing shows a 2.3% holding, which is non-controlling under typical ownership thresholds. The schedule describes voting and dispositive powers for those shares but states no other person holds more than 5% of the Class A stock.
Who is Abigail P. Johnson in this Schedule 13G/A for SAM?
Abigail P. Johnson is named in the filing as associated with dispositive power over 195,365.47 shares. The amendment shows filings executed under powers of attorney and links her to FMR LLC's reported dispositive power for the shares.
Are there exhibits or documents referenced in the amendment?
Yes. The amendment references Exhibit 99 (13d-1(k)(1) agreement) and an Exhibit 24 power of attorney incorporated by reference, which the signatures cite for authorization and subsidiary identification matters.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 4)
BOSTON BEER COMPANY INC
(Name of Issuer)
CLASS A COMMON STOCK
(Title of Class of Securities)
100557107
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
100557107
1
Names of Reporting Persons
FMR LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
193,067.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
195,365.47
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
195,365.47
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
2.3 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP Number(s):
100557107
1
Names of Reporting Persons
Abigail P. Johnson
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
195,365.47
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
195,365.47
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
2.3 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
BOSTON BEER COMPANY INC
(b)
Address of issuer's principal executive offices:
One Design Center Place,Suite 850,Boston,MA,USA,02210
Item 2.
(a)
Name of person filing:
FMR LLC
(b)
Address or principal business office or, if none, residence:
245 Summer Street, Boston, Massachusetts 02210
(c)
Citizenship:
Not applicable
(d)
Title of class of securities:
CLASS A COMMON STOCK
(e)
CUSIP No.:
100557107
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
195365.47
(b)
Percent of class:
2.3 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Please see the responses to Items 5 and 6 on the cover page.
(ii) Shared power to vote or to direct the vote:
0.00
(iii) Sole power to dispose or to direct the disposition of:
195365.47
(iv) Shared power to dispose or to direct the disposition of:
0.00
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the CLASS A COMMON STOCK of BOSTON BEER COMPANY INC. No one other person's interest in the CLASS A COMMON STOCK of BOSTON BEER COMPANY INC is more than five percent of the total outstanding CLASS A COMMON STOCK.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See attached Exhibit 99.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
FMR LLC
Signature:
Richard Bourgelas
Name/Title:
Duly authorized under Power of Attorney effective as of April 13, 2026, by and on behalf of FMR LLC and its direct and indirect subsidiaries*
Date:
05/05/2026
Abigail P. Johnson
Signature:
Richard Bourgelas
Name/Title:
Duly authorized under Power of Attorney effective as of April 13, 2026, by and on behalf of Abigail P. Johnson*
Date:
05/05/2026
Comments accompanying signature: *This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on April 29,2026, accession number: 0000315066-26-000738.
