Michael Spillane - 04 Nov 2025 Form 4 Insider Report for BOSTON BEER CO INC (SAM)

Role
Director
Signature
Michael G. Andrews under POA for Michael Spillane
Issuer symbol
SAM
Transactions as of
04 Nov 2025
Net transactions value
-$642,036
Form type
4
Filing time
04 Nov 2025, 16:03:51 UTC
Previous filing
04 Mar 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Spillane Michael Director C/O THE BOSTON BEER COMPANY, INC., 1 DESIGN CENTER PLACE, SUITE 850, BOSTON Michael G. Andrews under POA for Michael Spillane 04 Nov 2025 0001675782

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAM Class A Common Sale $236,333 -1,152 -8.2% $205.15 12,845 04 Nov 2025 Direct F1, F2
transaction SAM Class A Common Sale $405,703 -1,968 -15% $206.15 10,877 04 Nov 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SAM May 25, 2016 Stock Option Options Exercise $0 +3,120 $0.000000 0 04 Nov 2025 Class A Common 3,120 $157.58 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1,152 shares is from $204.67 to $205.61. The Filing Person will provide full information regarding the number of shares sold at each separate price upon request of the SEC, the Registrant, or a shareholder of the Registrant.
F2 The shares reported include 10,673 shares of restricted stock subject to vesting conditions.
F3 The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1,968 shares is from $205.75 to $206.50. The Filing Person will provide full information regarding the number of shares sold at each separate price upon request of the SEC, the Registrant, or a shareholder of the Registrant.
F4 The Stock Option was granted pursuant to the Issuer's Equity Plan for Non-Employee Directors on May 25, 2016. The options were immediately exercisable and were scheduled to expire on May 25, 2026.