Dutch Bros director converts 775 RSUs to shares
Dutch Bros Inc. (BROS) director C. David Cone reported the exercise of restricted stock units into common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Dutch Bros Inc. (BROS) director C. David Cone reported the exercise of restricted stock units into common stock. On 2026-08-20, 775 Restricted Stock Units were converted into 775 shares of Class A Common Stock at $0.00 per share. Following these transactions, Cone holds 2,324 Restricted Stock Units and 7,215 shares of Class A Common Stock directly. The related RSU award is scheduled to vest in four 25% installments between August 20, 2026 and May 20, 2027 (or the 2027 annual stockholder meeting, if earlier).
Insider Trade Summary
775 shares exercised/converted
Exercise
2 txns
Insider
Cone C. David
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 contracts (Direct);
Class A Common Stock — 7,215 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 converted: 775 shares
Common stock received: 775 shares
Price per share: $0.00 per share
+3 more
6 metrics
RSUs converted
775 shares
Restricted Stock Units converted into Class A Common Stock on 2026-08-20
Common stock received
775 shares
Class A Common Stock acquired from RSU conversion on 2026-08-20
Price per share
$0.00 per share
Reported transaction price for RSU conversion on 2026-08-20
Common stock holdings after transaction
7,215 shares
Class A Common Stock directly owned by C. David Cone following the transactions
RSU holdings after transaction
2,324 units
Restricted Stock Units held by C. David Cone following the transactions
RSU vesting installments
25% each tranche
Four equal vesting installments between August 20, 2026 and May 20, 2027/2027 meeting
Key Terms
Restricted Stock Units, Class A Common Stock, vest, annual stockholder meeting
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
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
"one share of the Issuer's Class A Common Stock"
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.
vest financial
"25% of which will vest on each of August 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.
annual stockholder meeting financial
"the date of the Issuer's 2027 annual stockholder meeting"
An annual stockholder meeting is a yearly gathering where a company's owners (shareholders) receive updates on performance, vote on key issues like board members, executive pay and major corporate plans, and ask questions of management. Think of it as a company town hall where choices about oversight and direction are decided; outcomes can affect management accountability, corporate strategy and ultimately the value and risks of investors’ shares.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did C. David Cone report for Dutch Bros Inc. (BROS)?
C. David Cone reported converting 775 Restricted Stock Units into 775 shares of Dutch Bros Class A Common Stock on 2026-08-20, at a reported price of $0.00 per share.
What are the key terms of the RSU award reported by C. David Cone at Dutch Bros (BROS)?
Each Restricted Stock Unit represents a right to receive one share of Dutch Bros Class A Common Stock. The award vests in four 25% tranches on August 20, 2026, November 20, 2026, February 20, 2027, and the earlier of May 20, 2027 or the 2027 annual stockholder meeting.
Was the Dutch Bros (BROS) Form 4 transaction under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not checked, indicating the reported transactions were not affirmed as being made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
