Travis Boersma - 21 Feb 2025 Form 4 Insider Report for Dutch Bros Inc. (BROS)

Signature
/s/ Thomas P. Conaghan, Attorney-in-Fact for Travis Boersma
Issuer symbol
BROS
Transactions as of
21 Feb 2025
Net transactions value
-$109,576,273
Form type
4
Filing time
25 Feb 2025, 10:56:08 UTC
Previous filing
12 Feb 2025
Next filing
27 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BROS Class A Common Stock Sale $14,496,211 -191,169 -3.8% $75.83 4,889,235 21 Feb 2025 By DM Trust Aggregator, LLC F1, F2, F3
transaction BROS Class A Common Stock Sale $6,447,658 -84,160 -1.7% $76.61 4,805,075 21 Feb 2025 By DM Trust Aggregator, LLC F1, F3, F4
transaction BROS Class A Common Stock Sale $2,762,695 -35,596 -0.74% $77.61 4,769,479 21 Feb 2025 By DM Trust Aggregator, LLC F1, F3, F5
transaction BROS Class A Common Stock Sale $975,545 -12,401 -0.26% $78.67 4,757,078 21 Feb 2025 By DM Trust Aggregator, LLC F1, F3, F6
transaction BROS Class A Common Stock Sale $2,580,836 -32,409 -0.68% $79.63 4,724,669 21 Feb 2025 By DM Trust Aggregator, LLC F1, F3, F7
transaction BROS Class A Common Stock Sale $5,012,512 -61,952 -1.3% $80.91 4,662,717 21 Feb 2025 By DM Trust Aggregator, LLC F1, F3, F8
transaction BROS Class A Common Stock Sale $3,079,410 -37,666 -0.81% $81.76 4,625,051 21 Feb 2025 By DM Trust Aggregator, LLC F1, F3, F9
transaction BROS Class A Common Stock Sale $700,967 -8,491 -0.18% $82.55 4,616,560 21 Feb 2025 By DM Trust Aggregator, LLC F1, F3, F10
transaction BROS Class A Common Stock Sale $9,116,502 -120,224 -3.8% $75.83 3,074,799 21 Feb 2025 By DM Individual Aggregator, LLC F2, F3, F11
transaction BROS Class A Common Stock Sale $4,054,915 -52,928 -1.7% $76.61 3,021,871 21 Feb 2025 By DM Individual Aggregator, LLC F3, F4, F11
transaction BROS Class A Common Stock Sale $1,737,356 -22,385 -0.74% $77.61 2,999,486 21 Feb 2025 By DM Individual Aggregator, LLC F3, F5, F11
transaction BROS Class A Common Stock Sale $613,599 -7,800 -0.26% $78.67 2,991,686 21 Feb 2025 By DM Individual Aggregator, LLC F3, F6, F11
transaction BROS Class A Common Stock Sale $1,623,006 -20,381 -0.68% $79.63 2,971,305 21 Feb 2025 By DM Individual Aggregator, LLC F3, F7, F11
transaction BROS Class A Common Stock Sale $3,152,400 -38,962 -1.3% $80.91 2,932,343 21 Feb 2025 By DM Individual Aggregator, LLC F3, F8, F11
transaction BROS Class A Common Stock Sale $1,936,629 -23,688 -0.81% $81.76 2,908,655 21 Feb 2025 By DM Individual Aggregator, LLC F3, F9, F11
transaction BROS Class A Common Stock Sale $440,756 -5,339 -0.18% $82.55 2,903,316 21 Feb 2025 By DM Individual Aggregator, LLC F3, F10, F11
transaction BROS Class A Common Stock Sale $2,123,542 -29,216 -0.63% $72.68 4,587,344 24 Feb 2025 By DM Trust Aggregator, LLC F1, F3, F12
transaction BROS Class A Common Stock Sale $4,838,936 -65,792 -1.4% $73.55 4,521,552 24 Feb 2025 By DM Trust Aggregator, LLC F1, F3, F13
transaction BROS Class A Common Stock Sale $6,403,675 -85,664 -1.9% $74.75 4,435,888 24 Feb 2025 By DM Trust Aggregator, LLC F1, F3, F14
transaction BROS Class A Common Stock Sale $17,193,391 -228,194 -5.1% $75.35 4,207,694 24 Feb 2025 By DM Trust Aggregator, LLC F1, F3, F15
transaction BROS Class A Common Stock Sale $655,079 -8,593 -0.2% $76.23 4,199,101 24 Feb 2025 By DM Trust Aggregator, LLC F1, F3, F16
transaction BROS Class A Common Stock Sale $1,335,499 -18,374 -0.63% $72.68 2,884,942 24 Feb 2025 By DM Individual Aggregator, LLC F3, F11, F12
transaction BROS Class A Common Stock Sale $3,043,163 -41,376 -1.4% $73.55 2,843,566 24 Feb 2025 By DM Individual Aggregator, LLC F3, F11, F13
transaction BROS Class A Common Stock Sale $4,027,115 -53,872 -1.9% $74.75 2,789,694 24 Feb 2025 By DM Individual Aggregator, LLC F3, F11, F14
transaction BROS Class A Common Stock Sale $10,812,908 -143,511 -5.1% $75.35 2,646,183 24 Feb 2025 By DM Individual Aggregator, LLC F3, F11, F15
transaction BROS Class A Common Stock Sale $411,969 -5,404 -0.2% $76.23 2,640,779 24 Feb 2025 By DM Individual Aggregator, LLC F3, F11, F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 As indicated by the checkbox above, this transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by DM Trust Aggregator, LLC on November 22, 2024.
F2 Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $75.2400 to $76.2300 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F3 The Reporting Person is the manager of DM Trust Aggregator, LLC and DM Individual Aggregator, LLC (the "DM Trusts"). Multiple members hold ownership interests in the DM Trusts, including the Reporting Person. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, if any, and the inclusion of the reported securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or any other purpose.
F4 Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $76.2400 to $77.2300 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F5 Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $77.2400 to $78.2300 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F6 Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $78.2400 to $79.2300 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F7 Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $79.2400 to $80.2300 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F8 Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $80.2400 to $81.2350 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F9 Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $81.2400 to $82.2300 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F10 Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $82.2400 to $82.9700 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F11 As indicated by the checkbox above, this transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by DM Individual Aggregator, LLC on November 22, 2024.
F12 Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $71.9700 to $72.9600 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F13 Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $72.9700 to $73.9600 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F14 Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $73.9700 to $74.9600 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F15 Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $74.9700 to $75.9200 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F16 Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $76.0000 to $76.4200 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.