BOSTON BEER CO INC·4

Mar 3, 10:41 AM ET

Lysyj Lesya 4

Research Summary

AI-generated summary

Updated

Boston Beer (SAM) CMO Lesya Lysyj Receives RSUs; Some Shares Withheld

What Happened
Lesya Lysyj, Chief Marketing Officer of Boston Beer Co. (SAM), had restricted stock units (RSUs) vest on March 1, 2026. The Form 4 shows a tax-related disposition of 383 shares at $226.78 each (totaling $86,857) coded as withholding, and an award/acquisition of 566 shares (reported as derivative shares acquired at $0.00) from the vesting event.

Key Details

  • Transaction dates: March 1, 2026. Disposition: 383 shares @ $226.78 = $86,857 (tax withholding). Acquisition: 566 shares @ $0.00 (RSU issuance).
  • The filing notes the Reporting Person had a total of 1,293 RSUs vest on March 1, 2026; the issuer net-withheld a portion to satisfy tax obligations.
  • Reported holdings include 9,465 shares of restricted stock subject to vesting conditions (per footnote).
  • Footnote re: options: Performance-based stock options granted Mar 1, 2023 will vest in three equal installments (Mar 1, 2025–2027) after performance was certified in Feb 2025.
  • This filing shows a tax-withholding disposition (F), not an open-market sale — a routine administrative action.

Context
RSU vesting with net share withholding for taxes is common and does not necessarily indicate a change in the insider’s view of the company. The acquisition here is the issuance of vested RSU shares (derivative award); the withheld shares were surrendered to cover tax obligations. The filing does not clearly state total shares owned after the transactions beyond the restricted-share totals reported in the footnotes.