Dutch Bros director receives new RSU award
Dutch Bros Inc. director Ann M. Miller reported compensation-related equity activity.
Rhea-AI Filing Summary
Dutch Bros Inc. director Ann M. Miller reported compensation-related equity activity. On May 13, 2026, 444 restricted stock units (RSUs) were exercised into 444 shares of Class A Common Stock, bringing her direct holdings to 11,324 shares.
She also received a new award of 3,099 RSUs, each representing a contingent right to one Class A share. For a prior RSU award, 25% vested on August 20, 2025, November 20, 2025, February 20, 2026, and on May 13, 2026. For the new award, 25% will vest on August 20, 2026, November 20, 2026, and February 20, 2027, with the remaining 25% vesting on the earlier of May 20, 2027 or the 2027 annual stockholder meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
444 shares exercised/converted
Exercise
3 txns
Insider
Miller Ann M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 444 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 3,099 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 444 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 3,099 contracts (Direct);
Class A Common Stock — 11,324 shares (Direct)
Footnotes (3)
- 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 vested on each of August 20, 2025, November 20, 2025, February 20, 2026, and the date of the Issuer's 2026 annual stockholder meeting, which occurred on May 13, 2026.
- F3. 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: 444 shares
New RSU grant: 3,099 units
Shares held after transactions: 11,324 shares
+2 more
5 metrics
RSUs exercised
444 shares
RSUs converted to Class A Common Stock on May 13, 2026
New RSU grant
3,099 units
New restricted stock unit award to director Ann M. Miller
Shares held after transactions
11,324 shares
Direct Class A Common Stock holdings following May 13, 2026 activity
Prior RSU vesting dates
4 installments
25% each on Aug 20, 2025; Nov 20, 2025; Feb 20, 2026; May 13, 2026
Future RSU vesting dates
3 fixed + 1 contingent
25% on Aug 20, 2026; Nov 20, 2026; Feb 20, 2027; remaining 25% by May 20, 2027 or 2027 meeting
Key Terms
Restricted Stock Units, Class A Common Stock, contingent right, annual stockholder meeting
4 terms
Restricted Stock Units financial
"The reporting person received an award of restricted stock units, 25% of which vested..."
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 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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share..."
annual stockholder meeting financial
"the date of the Issuer's 2026 annual stockholder meeting, which occurred on May 13, 2026."
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 transactions did Ann M. Miller report for Dutch Bros (BROS)?
Ann M. Miller exercised 444 RSUs into 444 Class A shares and received 3,099 new RSUs. These are compensation-related equity awards, not open-market trades, and increase her direct ownership in Dutch Bros Inc. shares.
What is the size of Ann M. Miller’s new RSU grant at Dutch Bros (BROS)?
She received a new grant of 3,099 restricted stock units. Each RSU represents a contingent right to receive one share of Dutch Bros Inc. Class A Common Stock, subject to the specified vesting schedule through 2027.
How do Ann M. Miller’s Dutch Bros (BROS) RSUs vest over time?
A prior RSU award vested 25% on four dates through May 13, 2026. The new 3,099-unit award vests 25% on August 20, 2026, November 20, 2026, February 20, 2027, and the remaining 25% on the earlier of May 20, 2027 or the 2027 annual meeting.
Were Ann M. Miller’s Dutch Bros (BROS) Form 4 transactions open-market buys or sells?
No, the Form 4 reflects RSU grants and an RSU conversion, not open-market trades. The transactions are coded as an RSU grant (A) and derivative exercises (M), both categorized as share acquisitions related to equity compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
