Gerard Johan Hart - Nov 20, 2025 Form 4 Insider Report for Dutch Bros Inc. (BROS)

Role
Director
Signature
/s/ Betsy Judd, Attorney-in-Fact for Gerard Johan Hart
Stock symbol
BROS
Transactions as of
Nov 20, 2025
Transactions value $
$0
Form type
4
Date filed
11/21/2025, 06:32 PM
Previous filing
Aug 21, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Hart Gerard Johan Director C/O DUTCH BROS INC., 1930 W RIO SALADO PKWY, TEMPE /s/ Betsy Judd, Attorney-in-Fact for Gerard Johan Hart 2025-11-21 0001305052

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BROS Class A Common Stock Options Exercise $0 +445 +20.92% $0.00 2.57K Nov 20, 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BROS Restricted Stock Units Options Exercise $0 -445 -33.36% $0.00 889 Nov 20, 2025 Class A Common Stock 445 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2 The reporting person received an award of restricted stock units, 25% of which will vest on each of August 20, 2025, November 20, 2025, February 20, 2026, and the remaining 25% will vest on the earlier of (i) May 20, 2026, and (ii) the date of the Issuer's 2026 annual stockholder meeting.