BOSTON BEER INC

Ticker: SAM CUSIP: 100557107 Class: CL A

NEW YORK STATE TEACHERS RETIREMENT SYSTEM's Holding History (CIK: 0000314969)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 11,987 Value ($000) $2 Avg Close $206.20 Range $189.92 - $243.73

Q3 2025

Shares 12,316 Value ($000) $3 Avg Close $212.75 Range $187.00 - $232.00

Q2 2025

Shares 11,739 Value ($000) $2 Avg Close $230.18 Range $185.34 - $260.00

Q1 2025

Shares 11,872 Value ($000) $3 Avg Close $243.60 Range $215.10 - $302.68

Q4 2024

Shares 13,072 Value ($000) $4 Avg Close $301.80 Range $267.74 - $329.55

Q3 2024

Shares 13,993 Value ($000) $4 Avg Close $278.81 Range $262.00 - $305.02

Q2 2024

Shares 14,602 Value ($000) $4 Avg Close $286.39 Range $254.40 - $339.77

Q1 2024

Shares 14,081 Value ($000) $4 Avg Close $333.53 Range $287.33 - $371.65

Q4 2023

Shares 13,633 Value ($000) $5 Avg Close $350.71 Range $313.17 - $395.52

Q3 2023

Shares 13,342 Value ($000) $5 Avg Close $350.39 Range $296.27 - $392.94

Q2 2023

Shares 14,245 Value ($000) $4 Avg Close $321.59 Range $300.68 - $344.03

Q1 2023

Shares 14,442 Value ($000) $5 Avg Close $343.94 Range $303.18 - $420.50

Q4 2022

Shares 14,442 Value ($000) $5 Avg Close $362.78 Range $322.83 - $422.75

Q3 2022

Shares 13,445 Value ($000) $4,351 Avg Close $345.86 Range $299.26 - $394.34

Q2 2022

Shares 13,145 Value ($000) $3,983 Avg Close $347.95 Range $287.00 - $404.20

Q1 2022

Shares 11,645 Value ($000) $4,524 Avg Close $416.96 Range $342.74 - $535.00

Q4 2021

Shares 11,645 Value ($000) $5,882 Avg Close $499.43 Range $435.12 - $556.68

Q3 2021

Shares 11,992 Value ($000) $6,113 Avg Close $679.74 Range $503.32 - $1017.32

Q2 2021

Shares 11,493 Value ($000) $11,732 Avg Close $1122.26 Range $963.71 - $1349.98

Q1 2021

Shares 12,193 Value ($000) $14,708 Avg Close $1048.96 Range $885.35 - $1256.04

Q4 2020

Shares 14,085 Value ($000) $14,005 Avg Close $959.73 Range $865.85 - $1092.80

Q3 2020

Shares 14,985 Value ($000) $13,237 Avg Close $789.85 Range $534.63 - $935.52

Q2 2020

Shares 15,485 Value ($000) $8,310 Avg Close $484.26 Range $349.11 - $587.85

Q1 2020

Shares 16,385 Value ($000) $6,022 Avg Close $370.86 Range $290.02 - $433.62

Q4 2019

Shares 16,385 Value ($000) $6,191 Avg Close $376.63 Range $345.26 - $405.00

Q3 2019

Shares 15,685 Value ($000) $5,711 Avg Close $393.06 Range $336.06 - $444.65

Q2 2019

Shares 16,085 Value ($000) $6,076 Avg Close $316.66 Range $258.34 - $379.35

Q1 2019

Shares 17,404 Value ($000) $5,129 Avg Close $273.54 Range $230.93 - $320.14

Q4 2018

Shares 17,605 Value ($000) $4,240 Avg Close $279.65 Range $235.58 - $324.93

Q3 2018

Shares 18,334 Value ($000) $5,271 Avg Close $300.25 Range $263.50 - $329.95

Q2 2018

Shares 18,477 Value ($000) $5,538 Avg Close $243.65 Range $185.95 - $307.00

Q1 2018

Shares 19,577 Value ($000) $3,701 Avg Close $183.93 Range $160.40 - $202.35

Q4 2017

Shares 19,577 Value ($000) $3,741 Avg Close $178.64 Range $155.75 - $197.05

Q3 2017

Shares 19,477 Value ($000) $3,042 Avg Close $146.09 Range $128.75 - $165.80

Q2 2017

Shares 18,377 Value ($000) $2,429 Avg Close $139.90 Range $128.70 - $149.70

Q1 2017

Shares 18,377 Value ($000) $2,658 Avg Close $156.51 Range $141.55 - $175.60

Q4 2016

Shares 17,477 Value ($000) $2,968 Avg Close $165.63 Range $145.30 - $180.45

Q3 2016

Shares 17,477 Value ($000) $2,713 Avg Close $174.40 Range $146.87 - $195.35

Q2 2016

Shares 17,477 Value ($000) $2,989 Avg Close $161.90 Range $145.33 - $185.27

Q1 2016

Shares 18,451 Value ($000) $3,415 Avg Close $182.28 Range $160.84 - $202.77

Q4 2015

Shares 18,451 Value ($000) $3,725 Avg Close $219.24 Range $198.68 - $260.51

Q3 2015

Shares 18,451 Value ($000) $3,886 Avg Close $221.14 Range $195.04 - $238.72

Q2 2015

Shares 18,451 Value ($000) $4,280 Avg Close $257.15 Range $231.56 - $273.71

Q1 2015

Shares 19,151 Value ($000) $5,121 Avg Close $289.79 Range $253.01 - $325.00

Q4 2014

Shares 23,963 Value ($000) $6,938 Avg Close $253.32 Range $210.03 - $299.00

Q3 2014

Shares 24,563 Value ($000) $5,447 Avg Close $223.81 Range $213.37 - $233.93

Q2 2014

Shares 24,563 Value ($000) $5,490 Avg Close $227.88 Range $208.82 - $248.00

Q1 2014

Shares 24,863 Value ($000) $6,085 Avg Close $227.93 Range $202.78 - $249.81

Q4 2013

Shares 25,063 Value ($000) $6,060 Avg Close $240.06 Range $223.00 - $265.53

Q3 2013

Shares 25,363 Value ($000) $6,194 Avg Close $206.79 Range $170.39 - $250.34

Q2 2013

Shares 25,863 Value ($000) $4,413 Avg Close $158.63 Range $143.42 - $174.59

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	11,987	$2	$206.20	$189.92 - $243.73
Q3 2025	12,316	$3	$212.75	$187.00 - $232.00
Q2 2025	11,739	$2	$230.18	$185.34 - $260.00
Q1 2025	11,872	$3	$243.60	$215.10 - $302.68
Q4 2024	13,072	$4	$301.80	$267.74 - $329.55
Q3 2024	13,993	$4	$278.81	$262.00 - $305.02
Q2 2024	14,602	$4	$286.39	$254.40 - $339.77
Q1 2024	14,081	$4	$333.53	$287.33 - $371.65
Q4 2023	13,633	$5	$350.71	$313.17 - $395.52
Q3 2023	13,342	$5	$350.39	$296.27 - $392.94
Q2 2023	14,245	$4	$321.59	$300.68 - $344.03
Q1 2023	14,442	$5	$343.94	$303.18 - $420.50
Q4 2022	14,442	$5	$362.78	$322.83 - $422.75
Q3 2022	13,445	$4,351	$345.86	$299.26 - $394.34
Q2 2022	13,145	$3,983	$347.95	$287.00 - $404.20
Q1 2022	11,645	$4,524	$416.96	$342.74 - $535.00
Q4 2021	11,645	$5,882	$499.43	$435.12 - $556.68
Q3 2021	11,992	$6,113	$679.74	$503.32 - $1017.32
Q2 2021	11,493	$11,732	$1122.26	$963.71 - $1349.98
Q1 2021	12,193	$14,708	$1048.96	$885.35 - $1256.04
Q4 2020	14,085	$14,005	$959.73	$865.85 - $1092.80
Q3 2020	14,985	$13,237	$789.85	$534.63 - $935.52
Q2 2020	15,485	$8,310	$484.26	$349.11 - $587.85
Q1 2020	16,385	$6,022	$370.86	$290.02 - $433.62
Q4 2019	16,385	$6,191	$376.63	$345.26 - $405.00
Q3 2019	15,685	$5,711	$393.06	$336.06 - $444.65
Q2 2019	16,085	$6,076	$316.66	$258.34 - $379.35
Q1 2019	17,404	$5,129	$273.54	$230.93 - $320.14
Q4 2018	17,605	$4,240	$279.65	$235.58 - $324.93
Q3 2018	18,334	$5,271	$300.25	$263.50 - $329.95
Q2 2018	18,477	$5,538	$243.65	$185.95 - $307.00
Q1 2018	19,577	$3,701	$183.93	$160.40 - $202.35
Q4 2017	19,577	$3,741	$178.64	$155.75 - $197.05
Q3 2017	19,477	$3,042	$146.09	$128.75 - $165.80
Q2 2017	18,377	$2,429	$139.90	$128.70 - $149.70
Q1 2017	18,377	$2,658	$156.51	$141.55 - $175.60
Q4 2016	17,477	$2,968	$165.63	$145.30 - $180.45
Q3 2016	17,477	$2,713	$174.40	$146.87 - $195.35
Q2 2016	17,477	$2,989	$161.90	$145.33 - $185.27
Q1 2016	18,451	$3,415	$182.28	$160.84 - $202.77
Q4 2015	18,451	$3,725	$219.24	$198.68 - $260.51
Q3 2015	18,451	$3,886	$221.14	$195.04 - $238.72
Q2 2015	18,451	$4,280	$257.15	$231.56 - $273.71
Q1 2015	19,151	$5,121	$289.79	$253.01 - $325.00
Q4 2014	23,963	$6,938	$253.32	$210.03 - $299.00
Q3 2014	24,563	$5,447	$223.81	$213.37 - $233.93
Q2 2014	24,563	$5,490	$227.88	$208.82 - $248.00
Q1 2014	24,863	$6,085	$227.93	$202.78 - $249.81
Q4 2013	25,063	$6,060	$240.06	$223.00 - $265.53
Q3 2013	25,363	$6,194	$206.79	$170.39 - $250.34
Q2 2013	25,863	$4,413	$158.63	$143.42 - $174.59