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NYSE: SAM BOSTON BEER CO INC 8-K

Boston Beer adopts up to $25M share repurchase plan through December 2026

Filed August 11, 2026 · Period ending August 10, 2026 · ~1 min read

1 key change 1 section

Key Changes

  • medium

    Company entered into a 10b5-1 plan to repurchase up to $25 million of Class A Common Stock from September 28 through December 25, 2026.

Summary

Boston Beer has adopted a Rule 10b5-1 trading plan authorizing up to $25 million in share repurchases over a three-month window starting in late September 2026. The plan allows the company to buy back its Class A Common Stock through December 25, 2026, under pre-established parameters that provide an affirmative defense against insider-trading concerns. For retail holders, the repurchase program signals management's view that the stock may be undervalued at current levels and reflects a commitment to returning capital to shareholders.

The use of a 10b5-1 plan—a structured, pre-planned trading arrangement—provides transparency and removes discretion during the execution period. The up to $25 million authorization represents a modest capital allocation relative to Boston Beer's market capitalization, but it demonstrates active capital management during the fall period.

Section-by-Section Diff

Event · Item 8.01 — Other Events

~100 words

Item 8.01 — Other Events filed; see Key Changes for terms.

1 Added
Added 10b5-1 share repurchase plan medium

Added in current filing · verify on EDGAR →

On August 10, 2026, the Company entered into a 10b5-1 plan to repurchase up to $25 million of the Company’s Class A Common Stock during the period commencing September 28, 2026 and ending December 25, 2026.

Boston Beer has adopted a Rule 10b5-1 trading plan authorizing up to $25 million in buybacks of its Class A Common Stock over approximately $25 million a three-month window starting in late September 2026. A 10b5-1 plan allows insiders to establish pre-planned trading programs that provide an affirmative defense against insider-trading allegations, signaling management's view that the stock may be undervalued and that returning capital to shareholders is a priority.

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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 12, 2026 · How we verify