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BOSTON BEER COMPANY INC. 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated 02 October 2026.

  • 7Reported items
  • 368Asset managers
  • 1,909Fund votes
  • 2024-05-07Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore BOSTON BEER COMPANY INC. in the interactive database Compare manager voting policies

How asset managers voted at the BOSTON BEER COMPANY INC. 2023-2024 meeting

Each item below shows how the 368 asset managers that disclosed a BOSTON BEER COMPANY INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of BOSTON BEER COMPANY INC.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Advisory vote to approve our Named Executive Officers' executive compensation.

COMPENSATION

Combines 8 wordings of this item as funds reported it.

95% fund support · no official result

FOR 95%

The 355 asset managers below cast 95% of the shares they voted on this item FOR (7,902,311 for, 418,744 against).

FOR: 7,902,311 (94.9%)AGAINST: 418,744 (5.0%)ABSTAIN: 1,984 (0.0%)NOT VOTED: 754 (0.0%)UNKNOWN: 1 (0.0%)
Largest asset managers voting on “Advisory vote to approve our Named Executive Officers' executive compensation.” at BOSTON BEER COMPANY INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price1,466,9460 00For
Fidelity1,366,7050 00For
Vanguard926,5340 00For
BlackRock788,92540 00For
State Street340,6460 00For
Charles Schwab219,9980 00For
Invesco168,1840 00For
Baird157,4280 00For
GEODE CAPITAL MANAGEMENT, LLC146,9040 00For
Dimensional146,1790 00For
Man Group plc0135,390 00Against
Bridgewater125,9900 00For
Putnam110,4570 00For
LONGLEAF PARTNERS FUNDS TRUST106,2040 00For
Northern Trust85,9137 00For
MELLON INVESTMENTS Corp79,3110 00For
American Century71,4244,608 00For
Fisher Asset Management, LLC70,7380 00For
Loomis Sayles69,2780 00For
Jackson National65,1840 00For
MARSHALL WACE, LLP063,917 00Against
Wellington56,8240 00For
Equitable56,4660 00For
Advisors' Inner Circle Fund III55,4110 00For
AQR54,7110 00For

Showing the 25 largest of 355 asset managers. See all 355 in the interactive database.

2. Election of Directors: Cynthia L. Swanson

DIRECTOR ELECTIONS

Combines 6 wordings of this item as funds reported it.

100% fund support · no official result

FOR 98%

The 82 asset managers below cast 100% of the shares they voted on this item FOR (3,882,388 for, 0 against).

FOR: 3,882,388 (98.4%)ABSTAIN: 62,115 (1.6%)
Largest asset managers voting on “Election of Directors: Cynthia L. Swanson” at BOSTON BEER COMPANY INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard913,2550 00For
Fidelity748,5240 00For
T. Rowe Price563,1720 00For
BlackRock481,6420 00For
Dimensional120,0760 00For
Charles Schwab109,9990 00For
Baird106,3390 00For
LONGLEAF PARTNERS FUNDS TRUST106,2040 00For
State Street90,4120 220For
Invesco81,2860 00For
Jackson National65,1840 00For
Equitable21,8900 34,5760Abstain
Advisors' Inner Circle Fund III55,4110 00For
Principal39,0170 00For
American Century37,0070 00For
MassMutual32,1000 00For
TIAA26,7510 00For
AMERICAN BEACON FUNDS25,2080 00For
First Trust23,4270 00For
Hartford19,6860 00For
Empower19,5500 00For
Northwestern Mutual16,1130 00For
AIG/SunAmerica15,6560 00For
Nationwide9,0330 5,1620For
BNY Mellon13,8010 00For

Showing the 25 largest of 82 asset managers. See all 82 in the interactive database.

3. Election of Directors: Jean-Michel Valette

DIRECTOR ELECTIONS

Combines 6 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 42%ABSTAIN 58%

The 82 asset managers below cast 99.9% of the shares they voted on this item FOR (1,665,987 for, 38 against).

FOR: 1,665,987 (42.2%)AGAINST: 38 (0.0%)ABSTAIN: 2,278,478 (57.8%)
Largest asset managers voting on “Election of Directors: Jean-Michel Valette” at BOSTON BEER COMPANY INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard00 913,2550Abstain
Fidelity747,9240 6000For
T. Rowe Price2,5860 560,5860Abstain
BlackRock481,6420 00For
Dimensional00 120,0760Abstain
Charles Schwab00 109,9990Abstain
Baird00 106,3390Abstain
LONGLEAF PARTNERS FUNDS TRUST106,2040 00For
State Street90,3790 550For
Invesco81,2860 00For
Jackson National00 65,1840Abstain
Equitable12,1100 44,3560Abstain
Advisors' Inner Circle Fund III55,3820 290For
Principal00 39,0170Abstain
American Century00 37,0070Abstain
MassMutual00 32,1000Abstain
TIAA00 26,7510Abstain
AMERICAN BEACON FUNDS00 25,2080Abstain
First Trust00 23,4270Abstain
Hartford19,6860 00For
Empower00 19,5500Abstain
Northwestern Mutual16,1130 00For
AIG/SunAmerica00 15,6560Abstain
Nationwide00 14,1950Abstain
BNY Mellon00 13,8010Abstain

Showing the 25 largest of 82 asset managers. See all 82 in the interactive database.

4. Election of Directors: Meghan V. Joyce

DIRECTOR ELECTIONS

Combines 6 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 39%ABSTAIN 61%

The 82 asset managers below cast 99.9% of the shares they voted on this item FOR (1,534,472 for, 38 against).

FOR: 1,534,472 (38.9%)AGAINST: 38 (0.0%)ABSTAIN: 2,409,993 (61.1%)
Largest asset managers voting on “Election of Directors: Meghan V. Joyce” at BOSTON BEER COMPANY INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard00 913,2550Abstain
Fidelity615,0310 133,4930For
T. Rowe Price2,5860 560,5860Abstain
BlackRock481,6420 00For
Dimensional00 120,0760Abstain
Charles Schwab00 109,9990Abstain
Baird00 106,3390Abstain
LONGLEAF PARTNERS FUNDS TRUST106,2040 00For
State Street90,3790 550For
Invesco81,2860 00For
Jackson National00 65,1840Abstain
Equitable12,1100 44,3560Abstain
Advisors' Inner Circle Fund III55,4110 00For
Principal00 39,0170Abstain
American Century00 37,0070Abstain
MassMutual00 32,1000Abstain
TIAA00 26,7510Abstain
AMERICAN BEACON FUNDS25,2080 00For
First Trust00 23,4270Abstain
Hartford00 19,6860Abstain
Empower00 19,5500Abstain
Northwestern Mutual4,7320 11,3810Abstain
AIG/SunAmerica00 15,6560Abstain
Nationwide00 14,1950Abstain
BNY Mellon7,4440 6,3570For

Showing the 25 largest of 82 asset managers. See all 82 in the interactive database.

5. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

75% fund support · no official result

FOR 75%AGAINST 25%

The 8 asset managers below cast 75% of the shares they voted on this item FOR (16,148 for, 5,323 against).

FOR: 16,148 (75.2%)AGAINST: 5,323 (24.8%)
Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at BOSTON BEER COMPANY INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
JPMorgan10,0850 00For
APG Asset Management US Inc.05,323 00Against
Empower4,3910 00For
ALGERT GLOBAL LLC1,5100 00For
SOUTHEASTERN ASSET MANAGEMENT INC/TN/1130 00For
TD ASSET MANAGEMENT INC330 00For
Select Asset Management & Trust160 00For
Trivant Custom Portfolio Group, LLC00 00--

6. DIRECTOR

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 4 asset managers below cast 100% of the shares they voted on this item FOR (41,721 for, 0 against).

FOR: 41,721 (100.0%)
Largest asset managers voting on “DIRECTOR” at BOSTON BEER COMPANY INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Centre Funds25,1990 00For
Gabelli15,8000 00For
RBB FUND, INC.6390 00For
SYNTAX ETF TRUST830 00For

7. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (240 for, 0 against).

FOR: 240 (100.0%)
Largest asset managers voting on “14A Executive Compensation” at BOSTON BEER COMPANY INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
GRIMES & COMPANY, INC.2140 00For
GYL FINANCIAL SYNERGIES, LLC250 00For
Pinnacle Family Advisors, LLC10 00For

Largest BOSTON BEER COMPANY INC. shareholders voting in 2023-2024

Ranked by the number of BOSTON BEER COMPANY INC. shares each manager voted on the most widely held ballot item of the 2023-2024 meeting, shown as a share of the 12,054,000 shares outstanding at the time of that meeting.

Top BOSTON BEER COMPANY INC. shareholders by shares voted, 2023-2024
#Asset manager % of shares outstanding
1T. Rowe Price 12.17%
2Fidelity 11.34%
3Vanguard 7.69%
4BlackRock 6.55%
5State Street 2.83%
6Charles Schwab 1.83%
7Invesco 1.40%
8Baird 1.31%
9GEODE CAPITAL MANAGEMENT, LLC 1.22%
10Dimensional 1.21%

Reported BOSTON BEER COMPANY INC. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

BOSTON BEER COMPANY INC. beneficial owners on record for the 2023-2024 proxy season
Holder % outstanding Disclosure
C. James Koch 18.84% DEF14A
FMR LLC 8.24% DEF14A
Vanguard Group 7.88% 13F
T. Rowe Price Investment Management, Inc. 7.72% DEF14A
BlackRock 6.49% 13F
FMR (Fidelity) 3.23% 13F
Samuel A. Calagione, III 2.80% DEF14A
State Street 2.29% 13F
Morgan Stanley 1.94% 13F
Cynthia A. Fisher 1.77% DEF14A

Percentages above are of 12,054,000 shares outstanding, as reported by BOSTON BEER COMPANY INC. on its Form 10-Q dated 2024-03-30 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from BOSTON BEER COMPANY INC.’s 10-Q dated 2024-03-30. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At BOSTON BEER COMPANY INC.'s shareholder meeting held 2024-05-07, in the 2023-2024 proxy season, 368 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,909 separate fund positions. Their filings are grouped here into 7 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Advisory vote to approve our Named Executive Officers' executive compensation. — the reporting funds cast 95% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

BOSTON BEER COMPANY INC. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.