{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-058624","form_type":"8-K","ticker":"SAM","cik":"0000949870","company_name":"BOSTON BEER CO INC","filed_at":"2024-05-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.586700+00:00","generated_at":"2026-06-02T03:09:04.823169+00:00","sec_items":["5.07","8.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Boston Beer announces $63M buyback; annual meeting re-elects directors and approves say-on-pay","bullets":["Board authorized a $63M stock repurchase plan for Class A Common Stock from June 30 to Sept 27, 2024.","At the May 7 annual meeting, Class A directors elected (Swanson, Joyce, Valette) and advisory say-on-pay resolution approved with 6.65M for vs 371k against.","Class B directors re-elected; Deloitte & Touche ratified as auditor for FY 2024. No other matters.","Julio N. Nemeth appointed Lead Director; committee assignments updated (Audit: Valette chair, Compensation: Nemeth chair, Nominating/Governance: Joyce chair).","Chief People Officer Carolyn O'Boyle adopted a 10b5-1 plan covering up to 746 shares for diversification."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-058624","json":"https://secwatch.observer/filing/0000950170-24-058624.json","markdown":"https://secwatch.observer/filing/0000950170-24-058624.md","text":"https://secwatch.observer/filing/0000950170-24-058624.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/949870/000095017024058624/0000950170-24-058624-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/949870/000095017024058624/sam-20240507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T03:09:04.823169+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1b8165785ac8031d67aff5e7084634e9f60b5864","claim":"BOSTON BEER CO INC shareholders approved Advisory vote on executive compensation at the 2024-05-07 meeting.","evidence_excerpt":"The results of the advisory vote are as follows: 6,649,043 votes for; 371,440 votes against; 22,657 abstentions, and no broker non-votes.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/949870/000095017024058624/0000950170-24-058624-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-05-07"}]},{"claim_id":"87ef2df337999c2ab6c6b31e3b3fc04fd2a5800e","claim":"BOSTON BEER CO INC shareholders approved Election of five Class B Directors at the 2024-05-07 meeting.","evidence_excerpt":"The sole holder of all of the Company’s outstanding shares of Class B Stock voted all of such shares for the election of the following five (5) Class B Directors, each for a term of one (1) year ending at the completion of the 2025 Annual Meeting of Stockholders and until their respective successors are duly chosen and qualified: Samuel A. Calagione, III, Cynthia A. Fisher, C. James Koch, Julio N. Nemeth, and Michael Spillane. The Board of Directors and the Class B Stockholder also resolved to retain the Class B vacancy occasioned by David A. Burwick’s retirement. There were no broker non-votes in connection with the election of the Class B Directors.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/949870/000095017024058624/0000950170-24-058624-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-05-07"}]},{"claim_id":"c9b846fcf37c6ac54e680adead46d849ef02c597","claim":"BOSTON BEER CO INC shareholders approved Election of three Class A Directors at the 2024-05-07 meeting.","evidence_excerpt":"The Class A Stockholders elected the following three (3) Class A Directors, each for a term of one (1) year ending at the completion of the 2025 Annual Meeting of Stockholders and until their respective successors are duly chosen and qualified: Cynthia L. Swanson received 6,848,352 votes for, 194,755 votes withheld, and 33 shares uncast; Meghan V. Joyce received 3,282,538 votes for and 3,760,569 votes withheld; and 33 shares uncast; and Jean-Michel Valette received 3,442,138 votes for and 3,600,969 votes withheld; and 33 votes uncast. There were no broker non-votes in connection with the election of the Class A Directors.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/949870/000095017024058624/0000950170-24-058624-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-05-07"}]},{"claim_id":"d6520f40aa7fb2507b97ddc32a1e9159c9730e72","claim":"BOSTON BEER CO INC shareholders approved Ratification of appointment of Deloitte & Touche LLP as independent registered public accounting firm at the 2024-05-07 meeting.","evidence_excerpt":"The Class B Stockholder similarly ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the Company’s fiscal year ending December 28, 2024.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/949870/000095017024058624/0000950170-24-058624-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-05-07"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}