---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-018746"
form_type: "8-K"
ticker: "SAM"
cik: "0000949870"
company_name: "BOSTON BEER CO INC"
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T21:33:11.604738+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Boston Beer awards 2023 bonuses (95% scale), raises 2024 base salaries 3-4%, grants new RSUs

## Summary
- 2023 bonus: Company achieved 95% on bonus scale; CEO Burwick gets $1,032,605, CFO Reynoso $111,000, others $189,850-$432,000.
- 2024 base salaries: Reynoso $624,000 (+4%), Murphy $393,756 (+3%), Hodges $633,450 (+3%), Lysyj $545,432 (+3%); Burwick $860,503 (no change).
- 2024 long-term equity awards: Reynoso $400k each time/performance RSUs, Murphy $125k each, Lysyj $775k each; Burwick opts out.
- New retirement provision: equity awards vest post-retirement if age 60+, 15+ years service, 6 months notice.
- 2024 bonus targets: Burwick 120%, Reynoso 65% (up 5pp), Lysyj 65% (up 5pp), Geist 50% (down 25pp), others unchanged.

## SEC filing metadata
- accession: 0000950170-24-018746
- form_type: 8-K
- ticker: SAM
- cik: 0000949870
- company_name: BOSTON BEER CO INC
- filed_at: 2024-02-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/949870/000095017024018746/0000950170-24-018746-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/949870/000095017024018746/sam-20240216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-018746
- JSON: https://secwatch.observer/filing/0000950170-24-018746.json
- Plain text: https://secwatch.observer/filing/0000950170-24-018746.txt

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