Dutch Bros director granted 3,099 RSUs
Dutch Bros Inc. director C. David Cone reported equity compensation activity tied to restricted stock units (RSUs).
Rhea-AI Filing Summary
Dutch Bros Inc. director C. David Cone reported equity compensation activity tied to restricted stock units (RSUs). On May 13, 2026, 444 RSUs were exercised into 444 shares of Class A Common Stock, bringing his direct holdings in the stock to 6,440 shares.
On the same date, he received a new award of 3,099 RSUs, each representing one future share of Class A Common Stock. According to the award terms, 25% of these RSUs will vest on each of August 20, 2026, November 20, 2026, February 20, 2027, and the earlier of May 20, 2027 or the company’s 2027 annual stockholder meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
444 shares exercised/converted
Exercise
3 txns
Insider
Cone C. David
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 — 6,440 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
Shares held after transaction: 6,440 shares
New RSU grant: 3,099 units
+3 more
6 metrics
RSUs exercised
444 shares
RSUs converted into Class A Common Stock on May 13, 2026
Shares held after transaction
6,440 shares
Class A Common Stock directly owned after RSU conversion
New RSU grant
3,099 units
Restricted stock units awarded on May 13, 2026
First vesting date
August 20, 2026
25% of new RSU award scheduled to vest
Final vesting milestone
Earlier of May 20, 2027 or 2027 meeting
Remaining 25% of RSUs vest
Total acquire-type transactions
3 transactions
Form 4 summary for May 13, 2026
Key Terms
Restricted Stock Units, Class A Common Stock, annual stockholder meeting
3 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.
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 did Dutch Bros (BROS) director C. David Cone report on this Form 4?
He reported routine equity compensation activity. 444 restricted stock units were converted into 444 shares of Class A Common Stock, and he received a new grant of 3,099 restricted stock units with a multi‑date vesting schedule.
What is the size of the new restricted stock unit award at Dutch Bros?
The new award is 3,099 restricted stock units. Each unit represents a contingent right to receive one share of Dutch Bros Class A Common Stock, subject to time‑based vesting tied to specific future dates and the 2027 annual stockholder meeting.
When will C. David Cone’s new Dutch Bros RSUs vest?
The 3,099 RSUs vest in four equal installments. Twenty‑five percent vest on August 20, 2026, another 25% on November 20, 2026, another 25% on February 20, 2027, and the remaining 25% on the earlier of May 20, 2027 or the 2027 annual stockholder meeting.
Were there any open‑market buys or sells in this Dutch Bros Form 4?
No open‑market purchases or sales were reported. The Form 4 shows an RSU conversion into 444 shares of Class A Common Stock and a grant of 3,099 new restricted stock units as part of director compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
