Welcome to our dedicated page for Dutch Bros SEC filings (Ticker: BROS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Dutch Bros Inc. filings document the public-company disclosures of a Delaware corporation operating and franchising drive-thru beverage shops. Form 8-K reports primarily furnish quarterly and annual financial results, Regulation FD disclosures and related press-release exhibits covering revenue, same shop sales, transaction trends, shop openings, company-operated shop performance and adjusted profitability measures.
The company’s proxy materials cover stockholder voting matters, board and committee governance, executive compensation, equity awards and related ownership disclosures. Together, the filing record reflects the company’s operating model across company-operated shops and franchising, its capital and governance framework, and recurring risk and performance topics tied to scaling a quick-service beverage brand.
A shareholder in BROS has filed a Form 144 indicating an intention to sell up to 1,030,527 common shares, with an aggregate market value of 54,988,920.72. The filing notes that 127,031,344 shares were outstanding and lists an approximate sale date of 11/25/2025 on the NYSE through Morgan Stanley Smith Barney LLC.
The shares to be sold were acquired as founders shares from the issuer on 09/27/2018. Over the past three months, related 10b5-1 sales include 317,125 common shares for gross proceeds of 16,936,332.12 and 504,259 common shares for gross proceeds of 26,930,382.50, both on 11/24/2025.
Dutch Bros Inc. (BROS) has a Form 144 notice indicating an affiliate plans to sell 504,259 common shares through Morgan Stanley Smith Barney LLC on the NYSE. The filing lists an aggregate market value of $27,653,563.56 for these shares, with 127,031,344 shares outstanding at the issuer. The seller acquired these securities as founders shares on 09/27/2018.
The notice also reports recent sales under Rule 10b5-1 plans over the past three months, including 304,113 common shares sold for $20,966,523.38 and 483,568 common shares sold for $33,338,725.34. The signatory represents that they are not aware of undisclosed material adverse information about Dutch Bros’ current or prospective operations.
A shareholder of BROS filed a Form 144 notice to potentially sell 317,125 shares of common stock through Morgan Stanley Smith Barney LLC on or about 11/24/2025 on the NYSE. The shares to be sold have an stated aggregate market value of $17,391,135.00, and the filing notes 127,031,344 shares of common stock outstanding.
The securities are described as founder shares, acquired from the issuer on 09/27/2018 and fully paid on the same date. Over the prior three months, related Rule 10b5-1 sales included 304,113 shares of common stock for gross proceeds of $20,966,523.38 and 483,568 shares for gross proceeds of $33,338,725.34. The signer represents that they are not aware of undisclosed material adverse information about the issuer’s operations.
Dutch Bros Inc. director reports RSU vesting and share acquisition
A director of Dutch Bros Inc. (BROS) reported the vesting and settlement of restricted stock units into 445 shares of Class A common stock on 11/20/2025 at an exercise price of $0, using transaction code "M" for a derivative-to-equity conversion. Following this transaction, the director beneficially owns 2,572 shares of Class A common stock in direct ownership.
The filing also notes that the restricted stock unit award vests in four equal 25% installments on August 20, 2025, November 20, 2025, February 20, 2026, and the earlier of May 20, 2026 or the date of the company’s 2026 annual stockholder meeting, with each unit representing a contingent right to receive one share of Class A common stock.
Dutch Bros Inc. director reports RSU vesting and share acquisition. On 11/20/2025, the reporting person exercised 445 restricted stock units, receiving 445 shares of Class A common stock at a price of $0. After this transaction, the person beneficially owned 13,232 Class A shares directly.
The derivative table shows 889 restricted stock units remaining beneficially owned. The RSU award vests in four equal 25% installments: on August 20, 2025, November 20, 2025, February 20, 2026, and the final 25% on the earlier of May 20, 2026 or the company’s 2026 annual stockholder meeting.
Dutch Bros Inc. director equity transaction: A Dutch Bros Inc. (BROS) director reported acquiring 445 shares of Class A common stock on 11/20/2025 through the vesting and settlement of restricted stock units at an exercise price of $0. Following this transaction, the director beneficially owns 13,232 shares held directly.
The filing also notes an award of restricted stock units in which 25% of the units vest on each of August 20, 2025, November 20, 2025, and February 20, 2026, with the remaining 25% vesting on the earlier of May 20, 2026 or the date of Dutch Bros’ 2026 annual stockholder meeting. After the reported transaction, 889 restricted stock units remain beneficially owned directly.
Dutch Bros Inc. director equity transaction reported on Form 4
A Dutch Bros Inc. (BROS) director reported the vesting and settlement of restricted stock units into Class A common stock. On 11/20/2025, the reporting person acquired 445 shares of Class A common stock with a transaction code "M," reflecting the settlement of previously granted restricted stock units at a price of $0 per share. Following this transaction, the director beneficially owned 17,618 shares of Class A common stock in direct ownership.
The related derivative line shows restricted stock units covering 445 shares of Class A common stock being settled, leaving 889 restricted stock units beneficially owned directly. Each unit represents a contingent right to receive one share of Class A common stock. The award vests in four equal 25% installments on August 20, 2025, November 20, 2025, February 20, 2026, and the earlier of May 20, 2026 or the 2026 annual stockholder meeting.
Dutch Bros Inc. director reports routine equity award activity. A Dutch Bros Inc. (BROS) director reported the conversion of 445 restricted stock units into 445 shares of Class A common stock on 11/20/2025 at a price of $0 per share, a standard equity award vesting event rather than an open-market purchase. Following this transaction, the director beneficially owns 1,304 shares of Class A common stock directly and continues to hold 889 restricted stock units.
The disclosed award of restricted stock units vests in four equal 25% installments: on August 20, 2025, November 20, 2025, February 20, 2026, and the remaining 25% on the earlier of May 20, 2026 or the date of the company’s 2026 annual stockholder meeting. This filing reflects ongoing director compensation in equity rather than a strategic change in ownership.
Dutch Bros Inc. (BROS) director reports RSU vesting and share acquisition. A board member reported a Form 4 transaction on 11/20/2025, showing the vesting of 445 restricted stock units (RSUs) into an equal number of Class A common shares at a price of $0 per share. Following this transaction, the reporting person beneficially owns 10,435 shares of Class A common stock directly and 889 RSUs that remain outstanding.
The RSUs were granted in an award where 25% vest on each of August 20, 2025, November 20, 2025, and February 20, 2026, with the remaining 25% vesting on the earlier of May 20, 2026 or the date of Dutch Bros' 2026 annual stockholder meeting. Each RSU represents a contingent right to receive one share of Class A common stock.
Dutch Bros Inc. director reports equity award activity. A Dutch Bros Inc. (BROS) director filed a Form 4 disclosing the conversion of 445 restricted stock units into an equal number of shares of Class A Common Stock on 11/20/2025 at a price of $0 per share. Following this transaction, the reporting person beneficially owns 2,469 shares of Class A Common Stock directly and 889 restricted stock units.
The restricted stock unit award is scheduled to vest in four parts: 25% on each of August 20, 2025, November 20, 2025, February 20, 2026, and the remaining 25% on the earlier of May 20, 2026 or the date of Dutch Bros’ 2026 annual stockholder meeting.