Highest-materiality recent filing
Boston Beer CFO Diego Reynoso steps down; Matthew Murphy named interim CFO
Diego Reynoso to step down as CFO & Treasurer; remains through Sept 30, 2026 for transition.
Boston Beer adopts 10b5-1 plan to repurchase up to $25M of stock
Plan entered into August 10, 2026; covers Class A Common Stock.
Boston Beer Q2 net revenue down 3.3%; non-GAAP EPS $3.65; narrows FY guidance
Depletions fell 6% in Q2; shipments down 4.5% to ~2.0M barrels.
Boston Beer annual meeting: say-on-pay fails, director Joyce sees majority withhold votes
Advisory say-on-pay vote: 2,418,918 for vs 3,250,742 against; resolution not approved.
Boston Beer Co. gets $191M final judgement in Ardagh suit; interest lowered $21M
Court entered amended final judgement: $175.5M damages + $15.5M pre-judgement interest = $191.0M total.
Boston Beer enters 10b5-1 plan to repurchase up to $25M of Class A common stock
Plan covers period June 29, 2026 through September 25, 2026.
Boston Beer Q1 GAAP loss $13.88/sh on $175.5M litigation charge; FY guidance cut
Net revenue $433.9M, down 4.4%; depletions fell 4%, shipments down 6.9%.
Boston Beer faces $175.5M jury verdict in Ardagh can-supply dispute
Jury verdict on April 6, 2026 awards ~$175.5M to Ardagh, including offset of Boston Beer's counterclaim.
Boston Beer director to retire at 2026 meeting; $25M buyback plan starts March 30
Michael Spillane will not stand for re-election and will retire from Board after the 2026 Annual Meeting.
Boston Beer Q4 net loss $22.5M; FY net income $108.5M; guides FY2026 EPS $8.50-$11.00
Q4 diluted loss per share $2.12 on net revenue $385.7M (-4.1%); depletions decreased 6%.
Boston Beer Company Announces FY2025 Executive Bonuses and 2026 Compensation Adjustments
C. James Koch forgoes salary and bonuses for 2026; Michael Spillane no longer eligible.
Lesya Lysyj stepping down as Boston Beer CMO, remains advisor through Sep 2026
CMO Lesya Lysyj to step down March 6, 2026; will serve as advisor through Sep 30, 2026.
Boston Beer adopts 10b5-1 plan to repurchase up to $25M of Class A common stock
Plan covers the period from December 29, 2025 to March 27, 2026.
Boston Beer appoints Laura Boynton as Chief People Officer, replacing Carolyn O'Boyle
Carolyn O'Boyle stepping down as Chief People Officer after 5+ years; departure not related to any disagreement.
Boston Beer Q3 net revenue down 11.2% to $537.5M; raises 2025 EPS guidance to $7.80-$9.80
Q3 net revenue $537.5M (-11.2% YoY); diluted EPS $4.25.
Boston Beer names Phil Hodges COO with $12M equity; Savastano promoted to CSCO
Phil Hodges promoted from CSCO to COO; base salary $800k, bonus target 100%, equity awards ~$12M (option $9M, RSUs $3M) vesting over 3 years.
Boston Beer names new COO, promotes supply chain head; details compensation
Phil Hodges named COO, reporting to CEO Jim Koch; Phil Savastano promoted to Chief Supply Chain Officer.
Boston Beer adopts $50M buyback plan and grants $1.2M RSU to CFO
CFO Diego Reynoso receives RSU valued at ~$1.2M, vesting fully on Aug 11, 2026.
Boston Beer CEO Michael Spillane steps down; founder Jim Koch reassumes CEO role
Michael Spillane resigns as President and CEO effective August 15, 2025 for personal reasons; no disagreement with company.
Boston Beer Q2 EPS $5.45 beats, margins improve 380bps; cuts full-year volume guidance
Q2 net revenue $587.9M (+1.5%); diluted EPS $5.45 (+24.1%) vs prior year.
Boston Beer authorizes $50M repurchase; CFO sets 10b5-1 plan for 4,155 shares
Company entered a 10b5-1 plan to repurchase up to $50M of Class A Common Stock from June 30 to Sept 26, 2025.
Boston Beer Q1 net revenue $453.9M (+6.5%), EPS $2.16 (+108%)
Net revenue $453.9M (+6.5%); gross margin 48.3% (up 460 bps); net income $24.4M (+93.8%); diluted EPS $2.16 (+108%).
Boston Beer announces $50M stock buyback plan; director Valette to retire
Director Jean-Michel Valette to retire at 2025 annual meeting; decision not due to any disagreement.
Boston Beer Q4 net rev +2.2%, GAAP loss $3.38/diluted; FY24 non-GAAP EPS $9.43 +31.5%
Q4 net revenue $402.3M (+2.2% YoY); GAAP diluted loss $3.38 (includes $1.70 contract settlement expense).
Boston Beer approves executive bonuses up to $981,540; CEO gets $6.2M in equity awards
2024 NEO bonuses range from $196,668 (Crowley) to $981,540 (Spillane); based on 90% company goal achievement and 95% pool funding.
Paid $26M to Rauch North America for amendment/restatement of production agreement, boosting flexibility and termination rights.
Boston Beer Co. adopts 10b5-1 plan for up to $50M stock repurchase
Company entered a 10b5-1 plan to repurchase up to $50M of its Class A Common Stock.
Depletions fell 3% and shipments down 1.9%; growth in Twisted Tea, Sun Cruiser, Hard Mountain Dew partially offset declines in Truly Hard Seltzer.
Boston Beer expands stock buyback authority by $400M to $1.6B
Board authorized a $400M increase in the share repurchase program on October 2, 2024.
Boston Beer enters $63M 10b5-1 buyback plan for Q4 2024
Plan covers up to $63M of Class A Common Stock repurchases.
Boston Beer adds Biz Stone and Domino's Joe Jordan to board of directors
Biz Stone, Twitter co-founder, appointed as Class B Director effective July 29, 2024.
Boston Beer Q2 depletions down 4%, net revenue falls 4%; guidance for volume lowered
Q2 depletions decreased 4%, shipments down 6.4%; net revenue $579.1M, down 4.0%.
Boston Beer announces $63M buyback; annual meeting re-elects directors and approves say-on-pay
Board authorized a $63M stock repurchase plan for Class A Common Stock from June 30 to Sept 27, 2024.
Boston Beer Q1 net revenue $426M (+3.9% YoY); EPS $1.04; reiterates FY guidance
Net revenue $426.1M (+3.9% YoY); diluted EPS $1.04; gross margin 43.7% (+570 bps).
Boston Beer enters 10b5-1 plan to repurchase up to $63M of common stock
Plan covers repurchases from April 1, 2024 through June 28, 2024.
Boston Beer Q4 net loss $18.1M; FY2023 EPS $6.21; guides FY2024 EPS $7-$11
Q4 2023 net revenue $393.7M (-12% reported, -3.1% comparable); gross margin 37.6% (+60 bps).
Boston Beer CEO David Burwick to retire March 31; Michael Spillane appointed successor
Burwick retires as President & CEO effective March 31, 2024; remains advisor through March 2026.
Boston Beer awards 2023 bonuses (95% scale), raises 2024 base salaries 3-4%, grants new RSUs
2023 bonus: Company achieved 95% on bonus scale; CEO Burwick gets $1,032,605, CFO Reynoso $111,000, others $189,850-$432,000.
Boston Beer Co. CEO adopts 1,116-share trading plan; company authorizes $50M buyback
CEO David Burwick entered a 10b5-1 plan to sell up to 1,116 shares for liquidity and option expiry.
Boston Beer Q3 depletions down 6%; net revenue up 0.9% to $601.6M; guidance narrowed
Depletions decreased 6% (fiscal) and ~3% (comparable weeks); shipments down 2.5%.
Boston Beer CSO Geist to retire in 2024; Crowley named successor; $30M buyback plan
John C. Geist to retire as CSO; will remain through Dec 31, 2023 then serve as senior adviser until full retirement in 2024.
Boston Beer Q2 net income +8.8% to $58M, EPS $4.72; maintains FY guidance, boosts ad spend
Net revenue fell 2.1% to $603.3M; depletions -3%, shipments -4.5%.
Boston Beer appoints Diego Reynoso as CFO and Treasurer, effective Sept 5, 2023
Diego Reynoso named CFO/Treasurer, starting Sept 5, 2023; reports to CEO David Burwick.
Boston Beer appoints Cynthia Swanson to board, effective July 1, 2023
Swanson fills Class B director vacancy from Michael Lynton; serves on Audit and Compensation committees.
Boston Beer hires CSCO, boosts buyback authorization by $269M to $1.2B
Philip Hodges named Chief Supply Chain Officer; base salary $615K, bonus target 60%, one-time equity awards totaling ~$8M.
Boston Beer discloses interim CFO compensation, $25M buyback plan, and insider trading plan
Interim CFO Matthew Murphy's 2023 bonus potential increased to 50% of base salary (from 40%); base salary unchanged at $382,288.
Boston Beer Reports Q1 2023 Net Loss and Declining Revenue Amid Depletions Drop
Net revenue of $410.0 million decreased 4.7% from prior year; net loss of $9.0 million ($0.73 per diluted share).
Director Michael M. Lynton to step down at Boston Beer's 2023 Annual Meeting
Michael M. Lynton notified the Board on March 27, 2023 he will not stand for re-election.
Boston Beer CFO Frank Smalla steps down; interim CFO named; $25M stock buyback plan
CFO Frank H. Smalla resigns after 7 years to join a KKR-backed private equity firm; departure not due to any disagreement.
Boston Beer Q4 net loss $11.4M; depletions down 3%; FY2023 EPS guidance $6-$10
Q4 net loss $11.4M ($0.93 diluted loss) vs net loss $51.8M ($4.22 loss) a year ago.
On August 20, 2026, the Company’s Board of Directors approved the appointment of Matthew D. Murphy, age 57, to serve as interim Treasurer and Chief Financial Officer, effective September 15, 2026, and until such time as the Company appoints Mr. Reynoso’s permanent successor.
On August 17, 2026, Diego Reynoso informed the Company that he was stepping down as the Company’s Treasurer and Chief Financial Officer.
On March 12, 2025, Jean-Michel Valette informed the Board of Directors of the Company that he will not stand for re-election as a Director of the Company at the end of his current term and will retire from the Board effective as of the conclusion of the Company’s 2025 Annual Meeting of Stockholders.
On July 29, 2024, Christopher I. “Biz” Stone and Joseph H. “Joe” Jordan were appointed to the Company’s Board of Directors, effective immediately.
On July 29, 2024, Christopher I. “Biz” Stone and Joseph H. “Joe” Jordan were appointed to the Company’s Board of Directors, effective immediately.
David A. Burwick, President and Chief Executive Officer, has decided to step down from his position and as a member of the Company’s Board of Directors, effective March 31, 2024.
Mr. Spillane will step down from his positions as Lead Director
He will be succeeded as Lead Director on an interim basis by Meghan V. Joyce
assume the position of President and CEO on April 1, 2024
On August 10, 2023, John C. Geist informed the Company that he intends to retire from his role as Chief Sales Officer in 2024.
On August 15, 2023, the Company announced that it intends to appoint Senior Sales Director Michael J. Crowley, 54, as Chief Sales Officer effective January 1, 2024.
On July 24, 2023, the Company announced that it has hired Diego Reynoso, age 47, as its Chief Financial Officer and Treasurer.
Max materiality 0.85 · Median 0.60 · Most common event other_material