Dutch Bros (NYSE: BROS) director exercises 775 RSUs for shares
Rhea-AI Filing Summary
Dutch Bros Inc. (BROS) director Kory Marchisotto reported a derivative exercise/conversion involving 775 Restricted Stock Units (RSUs) into 775 shares of Class A Common Stock on August 20, 2026. This left 2,324 RSUs and 2,968 Class A shares held directly after the transactions. Each RSU represents a contingent right to receive one Class A share. The award of RSUs referenced vests in four 25% installments on August 20, 2026, November 20, 2026, February 20, 2027, and the earlier of May 20, 2027 or the 2027 annual stockholder meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 775 shares
Net Buy
2 txns
Insider
MARCHISOTTO KORY
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 775 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 775 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 2,324 shares (Direct);
Class A Common Stock — 2,968 shares (Direct)
Footnotes (2)
- 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, 2026, November 20, 2026, February 20, 2027, and the remaining 25% will vest on the earlier of (i) May 20, 2027, and (ii) the date of the Issuer's 2027 annual stockholder meeting.
Key Figures
RSUs exercised/converted: 775 Restricted Stock Units
Shares received: 775 shares of Class A Common Stock
Class A shares held after transaction: 2,968 shares
+5 more
8 metrics
RSUs exercised/converted
775 Restricted Stock Units
Exercise or conversion into Class A Common Stock on August 20, 2026
Shares received
775 shares of Class A Common Stock
Non-derivative position acquired via derivative exercise/conversion on August 20, 2026
Class A shares held after transaction
2,968 shares
Direct ownership of Dutch Bros Inc. Class A Common Stock after transactions
RSUs held after transaction
2,324 Restricted Stock Units
Direct derivative holdings after the August 20, 2026 exercise/conversion
RSU vesting installment 1
25%
Vests on August 20, 2026
RSU vesting installment 2
25%
Vests on November 20, 2026
RSU vesting installment 3
25%
Vests on February 20, 2027
Final RSU vesting installment
25%
Vests on the earlier of May 20, 2027 or the 2027 annual stockholder meeting date
Key Terms
Restricted Stock Units, Class A Common Stock, contingent right, vest
4 terms
Restricted Stock Units financial
"The reporting person received an award of restricted stock units, 25% of which"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"Each restricted stock unit represents a contingent right to receive one share"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vest financial
"25% of which will vest on each of August 20, 2026, November 20, 2026"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did BROS director Kory Marchisotto report?
Kory Marchisotto reported exercising 775 Restricted Stock Units into 775 shares of Dutch Bros Inc. Class A Common Stock on August 20, 2026, through a derivative exercise/conversion coded “M.”
How many Restricted Stock Units in BROS does Kory Marchisotto hold after the transaction?
Following the August 20, 2026 derivative transaction, Kory Marchisotto holds 2,324 Restricted Stock Units, each representing a contingent right to receive one share of Dutch Bros Inc. Class A Common Stock.
What is the vesting schedule for Kory Marchisotto’s Dutch Bros (BROS) RSU award?
The RSU award vests 25% on August 20, 2026, 25% on November 20, 2026, 25% on February 20, 2027, and the remaining 25% on the earlier of May 20, 2027 or the date of Dutch Bros’ 2027 annual stockholder meeting.
Did the August 20, 2026 BROS insider transaction involve any market purchase or sale?
No market purchase or sale was reported. The Form 4 shows a code “M” exercise/conversion of 775 RSUs into 775 Class A shares, with a reported per-share transaction price of $0.00 for both legs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
