Murphy Matthew Donal 4

4 · BOSTON BEER CO INC · Filed Mar 20, 2026

AI-generated summary of this filing

Updated Mar 20, 2026

Boston Beer (SAM) CAO Matthew Murphy Receives Restricted Stock Award

What Happened

Matthew Murphy, CAO & Vice President of Finance at Boston Beer Co. (SAM), acquired 129 restricted shares on March 20, 2026 at $136.07 per share, for a total value of $17,553. The grant is reported under the issuer's Employee Equity Incentive Plan and carries vesting restrictions.

Key Details

Transaction date: 2026-03-20 (effective grant date per plan: 2026-03-01).
Price: $136.07 per share; Total value: $17,553.
Transaction type/code: Award/Acquisition (A) — restricted stock purchase under the company plan.
Vesting: Shares vest in five equal annual installments over five years (first installment vests one year from grant; final installment vests five years from grant). Shares have no expiration date.
Holdings reported: The filing notes 4,012 restricted shares subject to vesting are included in the report; the form does not state a full post-transaction total common-share balance.
Filing timeliness: Report filed 2026-03-20 (period of report 2026-03-20), consistent with a same-day report.

Context

These are restricted stock awards (not open-market purchases or immediate sales). Because the shares vest over time, they cannot be freely sold until vested, so this is a long-term compensation/retention grant rather than a near-term market trade. The purchase under the employee plan is a routine form of executive compensation and does not by itself indicate an imminent change in sentiment.

Form 4

Period: 2026-03-20

CAO & VP of Finance

Transactions

Footnotes (2)

[F1]The shares were purchased pursuant to the Issuer's Employee Equity Incentive Plan on March 20, 2026, with an effective grant date of March 1, 2026. Under this plan, tenured employees may purchase restricted shares at a discounted price. These restricted shares vest in five equal installments over a five year period, provided that the Reporting Person remains employed by the Issuer as of the applicable vesting date. The first installment vests one year from the grant date and the final installment vests five years from the grant date. These shares have no expiration date.
[F2]The shares reported include 4,012 shares of restricted stock subject to vesting conditions.

Signature

Michael G. Andrews under POA for the benefit of Matthew D. Murphy|2026-03-20

1 file