BROS Form 144 details $34.6M planned insider share sale

Rhea-AI Filing Summary

A shareholder of BROS filed a Form 144 notice to sell 648,089 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $34,582,029.04, on or about 11/25/2025 on the NYSE. Shares outstanding were 127,031,344 at the time of the notice; this is a baseline figure, not the amount being sold.

The shares to be sold are founder shares originally acquired from the issuer on 09/27/2018. Over the past three months, related 10b5-1 sales included 317,125 common shares for DM Individual Aggregator, LLC for gross proceeds of $16,936,332.12 and 504,259 common shares for DM Trust Aggregator, LLC for gross proceeds of $26,930,382.50.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	648089	34582029.04	127031344	11/25/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/27/2018	Founders Shares	Issuer			648089	09/27/2018	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for DM INDIVIDUAL AGGREGATOR, LLC 1930 W. Rio Salado Pkwy Tempe AZ 85281	Common	11/24/2025	317125	16936332.12
10b5-1 Sales for DM TRUST AGGREGATOR, LLC 1930 W. Rio Salado Pkwy Tempe AZ 85281	Common	11/24/2025	504259	26930382.50

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the BROS Form 144 filing disclose?

The Form 144 discloses that a BROS shareholder plans to sell 648,089 shares of common stock, with an aggregate market value of $34,582,029.04, on the NYSE.

How many BROS shares are outstanding in this Form 144?

The notice states that there are 127,031,344 BROS common shares outstanding, which serves as a baseline figure relative to the planned sale.

When and how were the BROS shares being sold originally acquired?

The 648,089 BROS shares being sold are listed as founder shares, acquired from the issuer on 09/27/2018, with the amount acquired matching the amount now planned for sale.

What recent 10b5-1 sales related to BROS are reported?

The filing reports 10b5-1 sales on 11/24/2025: DM Individual Aggregator, LLC sold 317,125 common shares for gross proceeds of $16,936,332.12, and DM Trust Aggregator, LLC sold 504,259 common shares for $26,930,382.50.

Which broker is handling the planned BROS share sale in this Form 144?

The planned sale of 648,089 BROS common shares is listed with Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

On which exchange will the BROS Form 144 shares be sold and when?

The Form 144 indicates an approximate sale date of 11/25/2025 for the 648,089 BROS common shares, to be sold on the NYSE.