Boston Beer Co. Adjusts Executive Compensation

TL;DR

SAM's exec comp details just dropped - check for changes.

AI Summary

On March 12, 2025, The Boston Beer Company, Inc. reported changes in its executive compensation arrangements. Specifically, the filing details the compensatory arrangements for certain officers, indicating potential adjustments or new agreements related to their pay.

Why It Matters

Changes in executive compensation can signal shifts in company strategy, performance expectations, or leadership stability, potentially impacting investor confidence.

Risk Assessment

Risk Level: low — The filing pertains to executive compensation, which is a routine disclosure and does not inherently indicate significant operational or financial risk.

Key Players & Entities

• The Boston Beer Company, Inc. (company) — Registrant
• March 12, 2025 (date) — Date of earliest event reported

FAQ

From the Filing

0000950170-25-038375.txt : 20250313 0000950170-25-038375.hdr.sgml : 20250313 20250313091804 ACCESSION NUMBER: 0000950170-25-038375 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 11 CONFORMED PERIOD OF REPORT: 20250312 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Other Events FILED AS OF DATE: 20250313 DATE AS OF CHANGE: 20250313 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BOSTON BEER CO INC CENTRAL INDEX KEY: 0000949870 STANDARD INDUSTRIAL CLASSIFICATION: MALT BEVERAGES [2082] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 043284048 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14092 FILM NUMBER: 25734022 BUSINESS ADDRESS: STREET 1: ONE DESIGN CENTER PLACE STREET 2: SUITE 850 CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 617-368-5056 MAIL ADDRESS: STREET 1: ONE DESIGN CENTER PLACE STREET 2: SUITE 850 CITY: BOSTON STATE: MA ZIP: 02210 8-K 1 sam-20250312.htm 8-K 8-K false 0000949870 0000949870 2025-03-12 2025-03-12   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): March 12, 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 March 12, 2025, Jean-Michel Valette informed the Board of Directors of the Company that he will not stand for re-election as a Director of the Company at the end of his current term and will retire from the Board effective as of the conclusion of the Company’s 2025 Annual Meeting of Stockholders. Mr. Valette’s decision not to stand for re-election was not due to any disagreements with the Company on any matter relating to the Company’s operations