Dutch Bros director exercises 775 RSUs for shares
Dutch Bros Inc. (BROS) director Scott Harlan Maw reported a derivative exercise involving restricted stock units (RSUs).
Rhea-AI Filing Summary
Dutch Bros Inc. (BROS) director Scott Harlan Maw reported a derivative exercise involving restricted stock units (RSUs). On 2026-08-20, 775 RSUs were exercised, converting into 775 shares of Class A Common Stock at a stated price of $0.00 per share. Following these transactions, he directly held Class A shares and 2,324 RSUs. Each RSU represents a contingent right to one share of Class A Common Stock, with 25% of this RSU award scheduled to vest on each of August 20, 2026, November 20, 2026, February 20, 2027, and the remaining 25% on the earlier of May 20, 2027 or the 2027 annual stockholder meeting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
775 shares exercised/converted
Exercise
2 txns
Insider
Maw Scott Harlan
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 — 775 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: 775 shares
Class A shares held after transaction: 775 shares
RSUs held after transaction: 2,324 units
+2 more
5 metrics
RSUs exercised
775 shares
Restricted Stock Units converted into Class A Common Stock on 2026-08-20
Class A shares held after transaction
775 shares
Direct ownership of Dutch Bros Class A Common Stock after 2026-08-20
RSUs held after transaction
2,324 units
Directly held restricted stock units following the derivative transaction
Exercise price
$0.00 per share
Stated transaction price for the 775 Class A shares received
RSU vesting tranches
25% each date
Vesting on Aug 20 2026, Nov 20 2026, Feb 20 2027, and earlier of May 20 2027 or 2027 meeting
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 did Scott Harlan Maw report in this Form 4 for BROS?
He reported exercising 775 RSUs, which converted into 775 shares of Dutch Bros Class A Common Stock at a stated price of $0.00 per share, leaving him with 775 Class A shares and 2,324 RSUs directly held.
How many restricted stock units does Scott Harlan Maw hold in Dutch Bros (BROS) after this Form 4?
Following the derivative transaction, he holds 2,324 restricted stock units (RSUs), each representing a contingent right to receive one share of Dutch Bros Class A Common Stock upon vesting and settlement.
What is the vesting schedule of Scott Harlan Maw’s RSU award at Dutch Bros (BROS)?
The RSU award vests 25% on each of August 20, 2026, November 20, 2026, and February 20, 2027, with the final 25% vesting on the earlier of May 20, 2027 or the 2027 annual stockholder meeting date.
Does this Dutch Bros (BROS) Form 4 show a net purchase or sale by Scott Harlan Maw?
The filing shows a derivative exercise of 775 RSUs into 775 Class A shares, with one transaction coded as a disposition of RSUs and the other as an acquisition of common stock, resulting in no net buy or sell in open-market terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
