Dutch Bros director gets 3,099 RSUs, exercises 444 shares
Dutch Bros Inc. director Stephen Gillett reported routine equity compensation activity.
Rhea-AI Filing Summary
Dutch Bros Inc. director Stephen Gillett reported routine equity compensation activity. He exercised derivative rights to acquire 444 shares of Class A Common Stock, bringing his direct holdings in that stock to 18,507 shares. He also received a new grant of 3,099 restricted stock units, each representing a right to one share of Class A Common Stock. The new RSU award vests in four equal 25% installments between August 20, 2026 and the earlier of May 20, 2027 or the date of the company’s 2027 annual stockholder meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
444 shares exercised/converted
Exercise
3 txns
Insider
Gillett Stephen
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 — 18,507 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
Shares acquired via exercise: 444 shares
Shares held after exercise: 18,507 shares
New RSU grant: 3,099 RSUs
+2 more
5 metrics
Shares acquired via exercise
444 shares
Class A Common Stock acquired on May 13, 2026
Shares held after exercise
18,507 shares
Class A Common Stock direct holdings post-transaction
New RSU grant
3,099 RSUs
Restricted stock units awarded on May 13, 2026
RSU-to-share ratio
1 RSU : 1 share
Each RSU represents one Class A Common Stock share
Legacy RSU exercise
444 RSUs
Previously granted RSUs converted and fully exercised
Key Terms
Restricted Stock Units, Class A Common Stock, derivative exercise/conversion, grant, award, or other acquisition, +1 more
5 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.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
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 Stephen Gillett report at Dutch Bros (BROS)?
Stephen Gillett reported acquiring 444 shares of Dutch Bros Class A Common Stock through a derivative exercise and received 3,099 restricted stock units. These transactions reflect equity compensation, not open-market buying or selling of the company’s shares.
What restricted stock units did Stephen Gillett receive from Dutch Bros (BROS)?
Stephen Gillett received an award of 3,099 restricted stock units, each representing one share of Class A Common Stock. According to the filing, this new RSU grant is structured to vest in four 25% installments over specific dates in 2026 and 2027.
How do Stephen Gillett’s Dutch Bros (BROS) RSUs vest over time?
The new 3,099 restricted stock units vest 25% on August 20, 2026, 25% on November 20, 2026, 25% on February 20, 2027, and the remaining 25% on the earlier of May 20, 2027 or the date of Dutch Bros’ 2027 annual stockholder meeting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
