Dutch Bros (NYSE: BROS) director adds 775 shares via RSU vesting
Rhea-AI Filing Summary
Dutch Bros Inc. (BROS) reported that director Todd Allan Penegor converted 775 Restricted Stock Units into 775 shares of Class A Common Stock on August 20, 2026, at a stated price of $0.00 per share. Following the transaction, he directly holds 8,133 shares of Class A Common Stock and 2,324 Restricted Stock Units.
Each Restricted Stock Unit represents a contingent right to receive one share of Class A Common Stock. The related Restricted Stock Unit award will vest 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 date.
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Insider Trade Summary
Net Buyer: 775 shares
Net Buy
2 txns
Insider
Penegor Todd Allan
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 — 8,133 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
Restricted Stock Units converted: 775 units
Shares acquired: 775 shares
Share holdings after transaction: 8,133 shares
+3 more
6 metrics
Restricted Stock Units converted
775 units
RSUs converted into Class A Common Stock on August 20, 2026
Shares acquired
775 shares
Class A Common Stock received upon RSU conversion on August 20, 2026
Share holdings after transaction
8,133 shares
Direct Class A Common Stock holdings of Todd Allan Penegor after the transaction
Restricted Stock Units remaining
2,324 units
Restricted Stock Units held by Todd Allan Penegor following the RSU conversion
Vesting date
August 20, 2026
First 25% tranche of the Restricted Stock Unit award vests on this date
Final vesting reference date
May 20, 2027
Remaining 25% of the RSU award vests on this date or the 2027 annual meeting date, whichever is earlier
Key Terms
Restricted Stock Units, Class A Common Stock, contingent right to receive, vest
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
"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 to receive financial
"represents a contingent right to receive one share of the Issuer's"
vest financial
"25% of which will vest on each of August 20, 2026, November 20,"
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 Dutch Bros (BROS) director Todd Penegor report?
Todd Allan Penegor reported converting 775 Restricted Stock Units into 775 shares of Dutch Bros Class A Common Stock on August 20, 2026, at a stated price of $0.00 per share, reflecting a vesting-related exercise of equity compensation.
What is the vesting schedule of Todd Penegor’s Dutch Bros (BROS) Restricted Stock Units?
The Restricted Stock Unit award vests in four 25% tranches on August 20, 2026, November 20, 2026, February 20, 2027, and the remaining 25% on the earlier of May 20, 2027 or the date of Dutch Bros’ 2027 annual stockholder meeting.
Were Todd Penegor’s Dutch Bros (BROS) transactions under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox as not affirmed (aff_10b5_one is false), and the footnotes do not state that the transactions were made pursuant to a Rule 10b5-1 trading plan.
What does each Dutch Bros (BROS) Restricted Stock Unit represent in this Form 4?
Each Restricted Stock Unit reported by Todd Allan Penegor represents a contingent right to receive one share of Dutch Bros’ Class A Common Stock, as described in the Form 4 footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
