Boston Beer discloses interim CFO compensation, $25M buyback plan, and insider trading plan

BOSTON BEER CO INC

Interim CFO Matthew Murphy's 2023 bonus potential increased to 50% of base salary (from 40%); base salary unchanged at $382,288.
Murphy granted option to purchase ~$600K in Class A Common Stock, vesting 25% annually over four years starting March 2024.
Company adopted 10b5-1 plan to repurchase up to $25M of Class A Common Stock from July 3 to Sept 29, 2023.
Chief Sales Officer John C. Geist entered 10b5-1 plan to sell up to 13,524 shares for liquidity and diversification.

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