Hodges Philip A. 4
4 · BOSTON BEER CO INC · Filed Oct 29, 2025
Insider Transaction Report
Form 4
Hodges Philip A.
Chief Operating Officer
Transactions
- Award
Class A Common
2025-10-28+13,186→ 46,888 total - Award
October 28, 2025 Stock Option
2025-10-28+88,268→ 88,268 totalExercise: $227.52From: 2026-01-01Exp: 2035-10-27→ Class A Common (88,268 underlying)
Footnotes (3)
- [F1]Represents a grant of a time-based RSUs under the Issuer's Employee Equity Incentive Plan. The RSUs will vest in three tranches on January 1 in each of the years 2026 through 2028, subject to the Reporting Person's continued employment with the Company on that date.
- [F2]The shares reported include 38,584 shares of restricted stock subject to vesting conditions.
- [F3]The time-based option vests in three tranches on January 1 in each of the years 2026 through 2028, provided that the Reporting Person remains employed by the Issuer on the applicable vesting dates.