Dutch Bros (NYSE: BROS) CAO granted 5,036 restricted stock units

Rhea-AI Filing Summary

Daddario Nick reported acquisition or exercise transactions in this Form 4 filing.

Dutch Bros Inc. reported that Chief Accounting Officer Nick Daddario received an equity award of 5,036 restricted stock units (RSUs) on March 1, 2026. Each RSU represents a contingent right to receive one share of Dutch Bros Class A common stock.

According to the vesting schedule, 33.33% of the RSUs will vest on each of February 20, 2027, February 20, 2028, and February 20, 2029, subject to the award’s terms. Following this grant, Daddario holds 5,036 RSUs directly.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Daddario Nick

(Last) (First) (Middle)

C/O DUTCH BROS INC.

1930 W RIO SALADO PKWY

(Street)

TEMPE AZ 85281

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Dutch Bros Inc. [ BROS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	03/01/2026		A		5,036		(2)	(2)	Class A Common Stock	5,036	$0	5,036	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.

2. The reporting person received an award of restricted stock units, 33.33% of which will vest on each of February 20, 2027, February 20, 2028, and February 20, 2029.

Remarks:

	/s/ Betsy Judd, Attorney-in-Fact for Nick Daddario	03/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Dutch Bros (BROS) disclose about Nick Daddario in this Form 4?

Dutch Bros reported that Chief Accounting Officer Nick Daddario received an award of 5,036 restricted stock units. These units give him the contingent right to receive the same number of Class A common shares if and when they vest under the award’s terms.

How many restricted stock units did the Dutch Bros (BROS) CAO receive?

Nick Daddario received 5,036 restricted stock units from Dutch Bros. The filing states this full amount was acquired in a single grant, and that he now holds 5,036 RSUs directly following the reported transaction on March 1, 2026.

What is the vesting schedule for the Dutch Bros (BROS) CAO’s RSU grant?

The 5,036 RSUs vest in three equal parts over time. The filing notes that 33.33% will vest on each of February 20, 2027, February 20, 2028, and February 20, 2029, assuming all applicable conditions of the award are satisfied.

What does each Dutch Bros (BROS) restricted stock unit represent in this filing?

Each restricted stock unit represents a contingent right to receive one share of Dutch Bros Class A common stock. This means the CAO receives actual shares only as the RSUs vest according to the specified schedule and the award conditions are met.

Did the Dutch Bros (BROS) CAO buy these shares on the market?

No, the Form 4 describes the transaction as a grant or award of restricted stock units. The RSUs were acquired at a stated price of $0.0000 per unit, indicating an equity compensation award rather than an open market purchase of shares.

How is this Dutch Bros (BROS) RSU transaction classified in the Form 4?

The transaction is coded as “A” for grant, award, or other acquisition of derivative securities. It is described as an acquisition of restricted stock units, with direct ownership reported for all 5,036 RSUs after the transaction date of March 1, 2026.