secwatch.observer — SEC 8-K summary
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Issuer:     BOSTON BEER CO INC (SAM)
CIK:        0000949870
Form:       8-K
Filed at:   2023-11-15T23:59:59+00:00
Accession:  0000950170-23-064186
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/949870/000095017023064186/0000950170-23-064186-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/949870/000095017023064186/sam-20231106.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-064186

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