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Boston Beer ( (SAM) ) has provided an announcement.
Boston Beer Company, known for its alcoholic beverages, has announced executive compensation details for fiscal year 2024 and 2025. The company has set bonus targets based on performance against certain goals such as depletions growth, EBIT targets, and cost savings. In 2024, the company achieved 90% on its bonus scale, leading to approved bonuses for its executives. For 2025, the company has set new salary and bonus targets, with the Compensation Committee approving increased base salaries and long-term equity awards, including restricted stock units (RSUs) and option awards, for its Named Executive Officers (NEOs). Vesting of these awards is contingent upon continued employment and performance-based criteria related to revenue growth.
More about Boston Beer
YTD Price Performance: -21.98%
Average Trading Volume: 136,327
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.75B
Learn more about SAM stock on TipRanks’ Stock Analysis page.
