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[8-K] Boston Beer Company Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

The Boston Beer Company reported two corporate actions tied to leadership stability and capital allocation. The Board granted Treasurer and Chief Financial Officer Diego Reynoso a restricted stock unit award valued at approximately $1.2 million on the grant date, with the number of RSUs set using the closing market price on the prior business day. The award will vest 100% on August 11, 2026 only if Mr. Reynoso remains employed through that date, and the company states the purpose is retention and to maintain stability during the current CEO transition.

Separately, the company entered into a 10b5-1 plan to repurchase up to $50 million of its Class A Common Stock during the period commencing September 29, 2025 and ending December 26, 2025. The filing discloses these discrete actions but provides no additional financial results, share counts, or details on execution mechanics beyond the plan amount and timeframe.

La Boston Beer Company ha comunicato due azioni societarie legate alla stabilità della leadership e all'allocazione del capitale. Il Consiglio ha assegnato al tesoriere e direttore finanziario Diego Reynoso un premio in unità azionarie vincolate del valore di circa $1,2 milioni alla data di concessione, con il numero di RSU determinato in base al prezzo di chiusura del giorno di negoziazione precedente. Il premio maturerà al 100% l'11 agosto 2026 solo se il sig. Reynoso resterà in servizio fino a quella data, e la società indica che la finalità è la retenzione e il mantenimento della stabilità durante l'attuale transizione del CEO.

Separatamente, la società ha adottato un piano 10b5-1 per riacquistare fino a $50 milioni delle proprie azioni ordinarie di Classe A nel periodo compreso tra il 29 settembre 2025 e il 26 dicembre 2025. Il deposito rende note queste azioni distinte ma non fornisce ulteriori risultati finanziari, conteggi di azioni o dettagli sulle modalità di esecuzione oltre all'importo e all'intervallo temporale del piano.

La Boston Beer Company informó dos acciones corporativas vinculadas a la estabilidad del liderazgo y a la asignación de capital. La Junta otorgó al tesorero y director financiero Diego Reynoso una adjudicación de unidades de acciones restringidas valorada en aproximadamente $1,2 millones en la fecha de concesión, estableciendo el número de RSU según el precio de cierre del día hábil anterior. La adjudicación vencerá al 100% el 11 de agosto de 2026 solo si el Sr. Reynoso permanece empleado hasta esa fecha, y la compañía declara que el propósito es la retención y el mantenimiento de la estabilidad durante la actual transición del CEO.

Por separado, la compañía suscribió un plan 10b5-1 para recomprar hasta $50 millones de sus acciones ordinarias Clase A durante el periodo comprendido entre el 29 de septiembre de 2025 y el 26 de diciembre de 2025. El registro divulga estas acciones puntuales pero no aporta resultados financieros adicionales, recuentos de acciones ni detalles sobre la mecánica de ejecución más allá del monto y el plazo del plan.

Boston Beer CompanyëŠ� 리ë”ì‹� 안정성과 ìžë³¸ ë°°ë¶„ê³� ê´€ë ¨ëœ ë‘� 가지 기업 조치ë¥� 보고했습니다. ì´ì‚¬íšŒëŠ” 재무담당 ê²� 최고재무책임ìž� Diego Reynosoì—게 ì•� 미화 120ë§� 달러 ìƒë‹¹ì� 제한부 주ì‹ë‹¨ìœ„(RSU)ë¥� 부여했으며, RSU 수는 ì§ì „ ì˜ì—…ì� 종가ë¥� 기준으로 ì‚°ì •ë©ë‹ˆë‹�. 해당 수여ëŠ� 2026ë…� 8ì›� 11ì¼ì— 100% 베스íŒ�ë˜ë©°, ê·� 날짜까지 Reynoso 씨가 ê³ ìš© ìƒíƒœë¥� 유지하는 경우ì—ë§Œ 완전íž� 확정ë©ë‹ˆë‹�. 회사ëŠ� ê·� 목ì ì� 유지 ë°� í˜� CEO êµì²´ 기간 ë™ì•ˆì� 안정ì„� 확보ë¼ê³  ë°í˜”습니ë‹�.

별ë„ë¡� 회사ëŠ� 10b5-1 계íšì� 통해 미화 5천만 달러까지 ìžì‚¬ í´ëž˜ìŠ� A 보통주를 2025ë…� 9ì›� 29ì�ë¶¶Äí„� 12ì›� 26ì�까지ì� 기간ì—� 재매입하기로 했습니다. 제출 서류ëŠ� ì´ëŸ¬í•� 개별 ì¡°ì¹˜ë“¤ì„ ê³µê°œí•˜ì§€ë§�, ê³„íš ê¸ˆì•¡ê³� 기간 외ì—ëŠ� 추가ì ì¸ 재무 실ì , ì£¼ì‹ ìˆ� ë˜ëŠ” 실행 ë°©ì‹ì—� 대í•� 세부사항ì� 제공하지 않습니다.

La Boston Beer Company a annoncé deux mesures d'entreprise liées à la stabilité de la direction et à l'allocation du capital. Le conseil a attribué au trésorier et directeur financier Diego Reynoso une attribution d'unités d'actions restreintes d'une valeur d'environ 1,2 M$ à la date d'octroi, le nombre d'unités étant déterminé d'après le cours de clôture du jour ouvrable précédent. L'attribution prendra effet à 100 % le 11 août 2026 uniquement si M. Reynoso reste employé jusqu'à cette date, et la société indique que l'objectif est la rétention et le maintien de la stabilité pendant la transition actuelle du PDG.

Séparément, la société a mis en place un plan 10b5-1 pour racheter jusqu'à 50 M$ de ses actions ordinaires de classe A sur la période commençant le 29 septembre 2025 et se terminant le 26 décembre 2025. Le dépôt divulgue ces mesures ponctuelles mais ne fournit pas d'autres résultats financiers, nombres d'actions ou détails sur les modalités d'exécution au-delà du montant et de la période du plan.

The Boston Beer Company meldete zwei Unternehmensmaßnahmen, die auf Führungssicherheit und Kapitalallokation abzielen. Der Vorstand hat dem Treasurer und Chief Financial Officer Diego Reynoso eine Zuteilung von Restricted Stock Units im Wert von etwa 1,2 Mio. USD am Zuteilungsdatum gewährt; die Anzahl der RSUs wird anhand des Schlusskurses des vorherigen Handelstags bestimmt. Die Zuteilung wird zu 100% am 11. August 2026 vesten, jedoch nur, wenn Herr Reynoso bis zu diesem Datum im Unternehmen verbleibt. Das Unternehmen gibt an, dass der Zweck Bindung und die Aufrechterhaltung der Stabilität während des aktuellen CEO-Wechsels ist.

Unabhängig davon hat das Unternehmen einen 10b5-1-Plan abgeschlossen, um bis zu 50 Mio. USD seiner Stammaktien der Klasse A im Zeitraum vom 29. September 2025 bis zum 26. Dezember 2025 zurückzukaufen. Die Einreichung macht diese einzelnen Maßnahmen bekannt, enthält jedoch keine weiteren finanziellen Ergebnisse, Aktienzahlen oder Details zur Ausführungsmechanik über den im Plan genannten Betrag und Zeitraum hinaus.

Positive
  • Retention-focused RSU: Treasurer/CFO Diego Reynoso received an RSU valued at $1.2 million, intended to retain key finance leadership during the CEO transition
  • Defined share repurchase program: Company adopted a 10b5-1 plan to repurchase up to $50 million of Class A Common Stock between Sept 29, 2025 and Dec 26, 2025
Negative
  • None.

Insights

TL;DR: Board approved a $1.2M retention RSU for the CFO and a $50M 10b5-1 repurchase plan � both are materially relevant to shareholders.

The RSU award to the Treasurer/CFO is explicitly described as a retention tool tied to a one-year vesting condition, intended to support continuity amid a CEO transition. The announced $50 million 10b5-1 repurchase program establishes a finite window for buybacks, which may influence near-term share supply and demand dynamics. The filing contains no operating results or metrics, so the market impact will depend on execution size relative to float and timing; those specifics are not disclosed in this report.

TL;DR: The award is a short-term, retention-focused RSU and the company also set a defined repurchase window � both signal governance attention to transition risk.

The restricted stock award vests fully after one year contingent on continued employment, a straightforward retention structure explicitly tied to maintaining leadership stability. The communication of purpose in the filing is clear and limited to retention during a CEO transition. The 10b5-1 plan defines repurchase limits and dates but omits execution mechanics and the number of shares involved. From a governance standpoint, both actions are disclosed transparently though additional context on potential dilution or buyback pacing would be useful; that context is not provided here.

La Boston Beer Company ha comunicato due azioni societarie legate alla stabilità della leadership e all'allocazione del capitale. Il Consiglio ha assegnato al tesoriere e direttore finanziario Diego Reynoso un premio in unità azionarie vincolate del valore di circa $1,2 milioni alla data di concessione, con il numero di RSU determinato in base al prezzo di chiusura del giorno di negoziazione precedente. Il premio maturerà al 100% l'11 agosto 2026 solo se il sig. Reynoso resterà in servizio fino a quella data, e la società indica che la finalità è la retenzione e il mantenimento della stabilità durante l'attuale transizione del CEO.

Separatamente, la società ha adottato un piano 10b5-1 per riacquistare fino a $50 milioni delle proprie azioni ordinarie di Classe A nel periodo compreso tra il 29 settembre 2025 e il 26 dicembre 2025. Il deposito rende note queste azioni distinte ma non fornisce ulteriori risultati finanziari, conteggi di azioni o dettagli sulle modalità di esecuzione oltre all'importo e all'intervallo temporale del piano.

La Boston Beer Company informó dos acciones corporativas vinculadas a la estabilidad del liderazgo y a la asignación de capital. La Junta otorgó al tesorero y director financiero Diego Reynoso una adjudicación de unidades de acciones restringidas valorada en aproximadamente $1,2 millones en la fecha de concesión, estableciendo el número de RSU según el precio de cierre del día hábil anterior. La adjudicación vencerá al 100% el 11 de agosto de 2026 solo si el Sr. Reynoso permanece empleado hasta esa fecha, y la compañía declara que el propósito es la retención y el mantenimiento de la estabilidad durante la actual transición del CEO.

Por separado, la compañía suscribió un plan 10b5-1 para recomprar hasta $50 millones de sus acciones ordinarias Clase A durante el periodo comprendido entre el 29 de septiembre de 2025 y el 26 de diciembre de 2025. El registro divulga estas acciones puntuales pero no aporta resultados financieros adicionales, recuentos de acciones ni detalles sobre la mecánica de ejecución más allá del monto y el plazo del plan.

Boston Beer CompanyëŠ� 리ë”ì‹� 안정성과 ìžë³¸ ë°°ë¶„ê³� ê´€ë ¨ëœ ë‘� 가지 기업 조치ë¥� 보고했습니다. ì´ì‚¬íšŒëŠ” 재무담당 ê²� 최고재무책임ìž� Diego Reynosoì—게 ì•� 미화 120ë§� 달러 ìƒë‹¹ì� 제한부 주ì‹ë‹¨ìœ„(RSU)ë¥� 부여했으며, RSU 수는 ì§ì „ ì˜ì—…ì� 종가ë¥� 기준으로 ì‚°ì •ë©ë‹ˆë‹�. 해당 수여ëŠ� 2026ë…� 8ì›� 11ì¼ì— 100% 베스íŒ�ë˜ë©°, ê·� 날짜까지 Reynoso 씨가 ê³ ìš© ìƒíƒœë¥� 유지하는 경우ì—ë§Œ 완전íž� 확정ë©ë‹ˆë‹�. 회사ëŠ� ê·� 목ì ì� 유지 ë°� í˜� CEO êµì²´ 기간 ë™ì•ˆì� 안정ì„� 확보ë¼ê³  ë°í˜”습니ë‹�.

별ë„ë¡� 회사ëŠ� 10b5-1 계íšì� 통해 미화 5천만 달러까지 ìžì‚¬ í´ëž˜ìŠ� A 보통주를 2025ë…� 9ì›� 29ì�ë¶¶Äí„� 12ì›� 26ì�까지ì� 기간ì—� 재매입하기로 했습니다. 제출 서류ëŠ� ì´ëŸ¬í•� 개별 ì¡°ì¹˜ë“¤ì„ ê³µê°œí•˜ì§€ë§�, ê³„íš ê¸ˆì•¡ê³� 기간 외ì—ëŠ� 추가ì ì¸ 재무 실ì , ì£¼ì‹ ìˆ� ë˜ëŠ” 실행 ë°©ì‹ì—� 대í•� 세부사항ì� 제공하지 않습니다.

La Boston Beer Company a annoncé deux mesures d'entreprise liées à la stabilité de la direction et à l'allocation du capital. Le conseil a attribué au trésorier et directeur financier Diego Reynoso une attribution d'unités d'actions restreintes d'une valeur d'environ 1,2 M$ à la date d'octroi, le nombre d'unités étant déterminé d'après le cours de clôture du jour ouvrable précédent. L'attribution prendra effet à 100 % le 11 août 2026 uniquement si M. Reynoso reste employé jusqu'à cette date, et la société indique que l'objectif est la rétention et le maintien de la stabilité pendant la transition actuelle du PDG.

Séparément, la société a mis en place un plan 10b5-1 pour racheter jusqu'à 50 M$ de ses actions ordinaires de classe A sur la période commençant le 29 septembre 2025 et se terminant le 26 décembre 2025. Le dépôt divulgue ces mesures ponctuelles mais ne fournit pas d'autres résultats financiers, nombres d'actions ou détails sur les modalités d'exécution au-delà du montant et de la période du plan.

The Boston Beer Company meldete zwei Unternehmensmaßnahmen, die auf Führungssicherheit und Kapitalallokation abzielen. Der Vorstand hat dem Treasurer und Chief Financial Officer Diego Reynoso eine Zuteilung von Restricted Stock Units im Wert von etwa 1,2 Mio. USD am Zuteilungsdatum gewährt; die Anzahl der RSUs wird anhand des Schlusskurses des vorherigen Handelstags bestimmt. Die Zuteilung wird zu 100% am 11. August 2026 vesten, jedoch nur, wenn Herr Reynoso bis zu diesem Datum im Unternehmen verbleibt. Das Unternehmen gibt an, dass der Zweck Bindung und die Aufrechterhaltung der Stabilität während des aktuellen CEO-Wechsels ist.

Unabhängig davon hat das Unternehmen einen 10b5-1-Plan abgeschlossen, um bis zu 50 Mio. USD seiner Stammaktien der Klasse A im Zeitraum vom 29. September 2025 bis zum 26. Dezember 2025 zurückzukaufen. Die Einreichung macht diese einzelnen Maßnahmen bekannt, enthält jedoch keine weiteren finanziellen Ergebnisse, Aktienzahlen oder Details zur Ausführungsmechanik über den im Plan genannten Betrag und Zeitraum hinaus.

0000949870false00009498702025-08-112025-08-11

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 11, 2025

 

 

The Boston Beer Company, Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

Massachusetts

001-14092

04-3284048

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

One Design Center Place

Suite 850

 

Boston, Massachusetts

 

02210

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (617) 368-5000

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Class A Common Stock. $0.01 par value

 

SAM

 

The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 11, 2025, the Board of Directors of the Company, on the recommendation of the Compensation Committee, voted to grant a restricted stock award (“RSU”) to Treasurer and Chief Financial Officer Diego Reynoso for a number of Class A Shares valued at approximately $1.2 million ($1,200,000) on the Grant Date of August 11, 2025. The number of RSUs was determined on the Grant Date based on the closing market price of the Class A Shares on the business day prior to the Grant Date. The RSUs will vest as to 100% of the shares on August 11, 2026, contingent upon Mr. Reynoso’s continued employment by the Company on that date. The purpose of the award is retention and to maintain stability in light of the current CEO transition.

Item 8.01 Other Events.

On August 11, 2025, the Company entered into a 10b5-1 plan to repurchase up to $50 million of the Company’s Class A Common Stock during the period commencing September 29, 2025 and ending December 26, 2025.

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

The Boston Beer Company, Inc.

 

 

 

 

Date:

August 12, 2025

By:

/s/ Jim Koch

 

 

 

Name: C. James Koch
Title: Founder & Chairman

 


FAQ

What RSU was granted to Boston Beer (SAM) CFO Diego Reynoso?

The Board granted a restricted stock unit award valued at approximately $1.2 million on the grant date, with the number of RSUs determined using the closing market price on the prior business day.

When will the RSUs to Diego Reynoso vest?

The RSUs will vest 100% on August 11, 2026, contingent upon Mr. Reynoso's continued employment by the company on that date.

Why did Boston Beer grant the RSU to the CFO?

The filing states the purpose of the award is retention and to maintain stability in light of the current CEO transition.

What is the size and timing of the share repurchase plan announced by Boston Beer (SAM)?

The company entered into a 10b5-1 plan to repurchase up to $50 million of Class A Common Stock from September 29, 2025 through December 26, 2025.

How was the number of RSUs determined?

The number of RSUs was determined on the grant date based on the closing market price of the Class A Shares on the business day prior to the grant date.
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Beverages - Brewers
Malt Beverages
United States
BOSTON