---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-064186"
form_type: "8-K"
ticker: "SAM"
cik: "0000949870"
company_name: "BOSTON BEER CO INC"
filed_at: "2023-11-15T23:59:59+00:00"
generated_at: "2026-06-08T03:06:22.680186+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Boston Beer Co. CEO adopts 1,116-share trading plan; company authorizes $50M buyback

## Summary
- CEO David Burwick entered a 10b5-1 plan to sell up to 1,116 shares for liquidity and option expiry.
- Company adopted a 10b5-1 plan to repurchase up to $50M of Class A Common Stock from Jan 3 to Mar 31, 2024.
- Burwick recused himself from discussions on the company's repurchase plan parameters.

## SEC filing metadata
- accession: 0000950170-23-064186
- form_type: 8-K
- ticker: SAM
- cik: 0000949870
- company_name: BOSTON BEER CO INC
- filed_at: 2023-11-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/949870/000095017023064186/0000950170-23-064186-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/949870/000095017023064186/sam-20231106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-064186
- JSON: https://secwatch.observer/filing/0000950170-23-064186.json
- Plain text: https://secwatch.observer/filing/0000950170-23-064186.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.