secwatch.observer — SEC 8-K summary
======================================

Issuer:     BOSTON BEER CO INC (SAM)
CIK:        0000949870
Form:       8-K
Filed at:   2023-07-24T23:59:59+00:00
Accession:  0000950170-23-034065
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Boston Beer appoints Diego Reynoso as CFO and Treasurer, effective Sept 5, 2023
-------------------------------------------------------------------------------

- Diego Reynoso named CFO/Treasurer, starting Sept 5, 2023; reports to CEO David Burwick.
- Compensation: $600,000 base salary, 60% bonus target; option and RSU awards each ~$1.5M vesting over 4 years.
- Reynoso has 25+ years experience; most recently Tyson Foods Prepared Foods CFO; previously Constellation Brands beer division CFO.
- Matt Murphy, interim CFO since April 2023, returns to VP Finance & CAO role reporting to Reynoso.
- Up to $600,000 relocation assistance provided for selling/purchasing home and commuting costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/949870/000095017023034065/0000950170-23-034065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/949870/000095017023034065/sam-20230721.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-034065

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer