BROS insider plans sale of 504,259 Dutch Bros common shares
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Dutch Bros Inc. (BROS) has a Form 144 notice indicating an affiliate plans to sell 504,259 common shares through Morgan Stanley Smith Barney LLC on the NYSE. The filing lists an aggregate market value of $27,653,563.56 for these shares, with 127,031,344 shares outstanding at the issuer. The seller acquired these securities as founders shares on 09/27/2018.
The notice also reports recent sales under Rule 10b5-1 plans over the past three months, including 304,113 common shares sold for $20,966,523.38 and 483,568 common shares sold for $33,338,725.34. The signatory represents that they are not aware of undisclosed material adverse information about Dutch Bros’ current or prospective operations.
Positive
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Negative
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FAQ
What does the BROS Form 144 filing disclose?
The Form 144 for Dutch Bros Inc. (BROS) discloses an affiliate’s intention to sell 504,259 common shares on the NYSE through Morgan Stanley Smith Barney LLC.
What Dutch Bros (BROS) stock sales occurred in the past 3 months?
The filing reports 304,113 common shares sold for $20,966,523.38 and 483,568 common shares sold for $33,338,725.34 during the past three months under Rule 10b5-1 sales plans.
What representation does the seller make in the Dutch Bros (BROS) Form 144?
The seller represents that they do not know any material adverse information about Dutch Bros’ current or prospective operations that has not been publicly disclosed.