The Boston Beer Company Inc. has approved new executive compensation terms for fiscal year 2026, maintaining cash bonus targets at 60% of base salary for Chief Sales Officer Michael R. Crowley and Chief Legal Officer Tara L. Heath, with no change from 2025 levels. Chairman, President, and CEO C. James Koch has again opted to forgo a cash bonus, and former CEO Michael Spillane is not eligible for a 2026 bonus. Long-term equity awards for named executive officers include a double-trigger Change in Control clause, providing for immediate vesting if employment is terminated without cause or for good reason within 12 months following a change in control.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Boston Beer Company Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-054573), on February 17, 2026, and is solely responsible for the information contained therein.