Crowley Michael R. 4
4 · BOSTON BEER CO INC · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Boston Beer (SAM) CSO Michael Crowley Receives RSUs; 341 Shares Withheld
What Happened Michael R. Crowley, Chief Sales Officer of Boston Beer Co. (SAM), reported two related equity events on March 1, 2026. He was granted/received 2,206 shares (RSUs) at $0.00 (reported as an acquisition). Separately, 341 shares were disposed (code F) at $226.78 per share to satisfy tax obligations, generating proceeds of about $77,332. The filing also notes 944 RSUs vested on March 1, 2026.
Key Details
- Transaction date: 2026-03-01; filing date: 2026-03-03 (appears timely, within standard filing window).
- Disposal (tax withholding): 341 shares @ $226.78 = $77,332 (code F).
- Acquisition/grant: 2,206 RSUs @ $0.00 (code A) under the company’s Restated Employee Equity Incentive Plan (EEIP).
- Footnote highlights:
- F1: 944 RSUs vested on March 1, 2026 and shares were net-withheld to satisfy tax obligations.
- F2: The RSU grants are under the EEIP; details were disclosed in an 8-K filed Feb 17, 2026.
- F3: The reported holdings include 11,019 shares of restricted stock subject to vesting conditions.
- The 341-share disposition was a tax-withholding event (routine), not an open-market sale.
Context The acquisition is an RSU grant and the share reduction was a net-withholding to cover taxes from RSU vesting. Such withholding transactions are standard administrative actions and do not by themselves indicate a change in insider sentiment about the company. Many of the reported shares remain subject to vesting conditions, limiting immediate free-float from this filing.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-03-01$226.78/sh−341$77,332→ 10,606 total - Award
Class A Common
[F2][F3]2026-03-01+2,206→ 12,812 total
Footnotes (3)
- [F1]The Issuer net withheld the vesting of a percentage of shares to satisfy the tax obligations of the Reporting Person flowing from the vesting of Restricted Stock Units ("RSUs"). The Reporting Person had a total of 944 RSUs vest on March 1, 2026.
- [F2]Represents grants of Restricted Stock Units ("RSUs") under the Issuer's Restated Employee Equity Incentive Plan ("EEIP"). The details of these grants were disclosed in a Current Report on Form 8-K filed by the Issuer on February 17, 2026.
- [F3]The shares reported include 11,019 shares of restricted stock subject to vesting conditions.