Dutch Bros Inc. (NYSE: BROS) director turns 775 RSUs into Class A shares
Rhea-AI Filing Summary
Dutch Bros Inc. (BROS) director Gerard Johan Hart reported an exercise/conversion of 775 Restricted Stock Units into 775 shares of Class A Common Stock on 2026-08-20, at a stated price of $0.00 per share. Following these transactions, he directly holds 2,324 Restricted Stock Units and 4,236 Class A shares. Each restricted stock unit represents a contingent right to receive one Class A share, and the reported award is scheduled to vest in four 25% installments between August 20, 2026 and the earlier of May 20, 2027 or the 2027 annual stockholder meeting.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 775 shares
Net Buy
2 txns
Insider
Hart Gerard Johan
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 — 4,236 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 exercised/converted: 775 units
Class A Common Stock acquired via conversion: 775 shares
Class A Common Stock holdings after transaction: 4,236 shares
+3 more
6 metrics
Restricted Stock Units exercised/converted
775 units
Derivative conversion on 2026-08-20 into Class A Common Stock
Class A Common Stock acquired via conversion
775 shares
Shares received from RSU exercise/conversion on 2026-08-20
Class A Common Stock holdings after transaction
4,236 shares
Direct ownership position following the 2026-08-20 transactions
Restricted Stock Units holdings after transaction
2,324 units
Remaining RSU position following the 2026-08-20 derivative conversion
Reported transaction price per share
$0.00 per share
Stated price for the 775-share RSU exercise/conversion
RSU vesting tranches
25% per tranche
Four equal vesting installments through the 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
"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
"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
"represents a contingent right to receive one share of the Issuer's Class A"
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 Gerard Johan Hart report at Dutch Bros Inc. (BROS)?
Gerard Johan Hart reported exercising/converting 775 Restricted Stock Units into 775 shares of Class A Common Stock on 2026-08-20, at a reported price of $0.00 per share, reflecting a derivative conversion rather than an open-market purchase or sale.
How many Restricted Stock Units does Gerard Johan Hart still hold in Dutch Bros (BROS)?
Following the reported exercise/conversion, Gerard Johan Hart directly holds 2,324 Restricted Stock Units of Dutch Bros Inc., each representing a contingent right to receive one share of the company’s Class A Common Stock, subject to the vesting schedule disclosed.
What is the vesting schedule for Gerard Johan Hart’s Dutch Bros (BROS) Restricted Stock Units?
The award vests in four installments: 25% 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, assuming continued service under the award terms.
Did Dutch Bros (BROS) indicate these insider transactions were under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan (aff_10b5_one is false). The disclosure does not state that these specific transactions were executed pursuant to a Rule 10b5-1 trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
