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.
DM Individual Aggregator, LLC, a reporting person identified as a director and 10% owner of Dutch Bros Inc. (BROS), reported multiple sales of Class A common stock on August 21–22, 2025 executed pursuant to a Rule 10b5-1 trading plan adopted November 22, 2024. The filing lists five grouped sales totaling 660,101 shares disposed at weighted-average prices in the low-$60s to mid-$60s per share and shows beneficial ownership declining from 1,807,534 shares to 1,279,144 shares following the transactions, a reduction of 528,390 shares. The report was signed by an attorney-in-fact on August 25, 2025.
DM Trust Aggregator, LLC reported automated sales of 1,051,218 shares of Dutch Bros Inc. (BROS) on August 21-22, 2025 under a Rule 10b5-1 trading plan adopted November 22, 2024. The transactions were reported on Form 4 and consisted entirely of dispositions (sales) across five line items with weighted-average sale prices shown in the filing: approximately $63.01, $63.23, $63.71, $64.92, and $65.36. Following the reported sales the filing shows 2,033,964 shares of Class A common stock beneficially owned by the reporting person. The form is signed by Thomas P. Conaghan as Attorney-in-Fact for Travis Boersma.
Travis Boersma, Executive Chairman and reported 10% owner of Dutch Bros Inc. (BROS), reported a series of sales of Class A common stock on August 21–22, 2025. The Form 4 shows the sales were effected under Rule 10b5-1 trading plans adopted November 22, 2024, by DM Trust Aggregator, LLC and DM Individual Aggregator, LLC. The table lists multiple dispositions totaling 1,712,319 shares sold at transaction prices ranging approximately from $62.18 to $65.82, with weighted-average prices reported for each group of sales. The filing includes standard disclaimers that the reporting person manages the DM entities and disclaims beneficial ownership except for any pecuniary interest. The Form 4 was signed by an attorney-in-fact on August 25, 2025.
Form 144 filed for Dutch Bros Inc. (BROS) discloses a proposed sale of 767,621 common shares through Morgan Stanley Smith Barney LLC, with an aggregate market value of $48,459,913.73, and an approximate sale date of 08/22/2025 on the NYSE. The shares were originally acquired as founders shares on 09/27/2018. The filing also reports prior sales during the past three months: 178,351 and 283,597 common shares sold on 08/21/2025, generating gross proceeds of $11,248,401.38 and $17,886,150.83 respectively. The notice states the seller represents no undisclosed material adverse information and, if applicable, reliance on a 10b5-1 trading plan is indicated by including the plan adoption date.
Form 144 notice for Dutch Bros Inc. (BROS) reporting a proposed sale of 482,750 common shares, identified as Founders Shares acquired on 09/27/2018. The filing names Morgan Stanley Smith Barney LLC as broker and lists an aggregate market value of $30,476,007.50 with 126,960,284 shares outstanding. The approximate sale date is 08/22/2025. The filing discloses recent aggregated 10b5-1 sales on 08/21/2025 totaling 461,948 shares with gross proceeds of $29,134,552.21 across two sellers. The seller represents no possession of undisclosed material information and references Rule 10b5-1 procedures where applicable.
Dutch Bros Inc. (BROS) Form 4 summary: Director C. David Cone was granted 445 restricted stock units (RSUs) on 08/20/2025, each representing the right to one share of Class A Common Stock. Following the award, Mr. Cone beneficially owns 5,106 shares of Class A Common Stock and 1,334 shares underlying outstanding RSUs. The RSUs carry a $0 per-share grant price and vest in four tranches: 25% on each of August 20, 2025, November 20, 2025, and February 20, 2026, with the final 25% vesting on the earlier of May 20, 2026 or the 2026 annual meeting. The Form 4 was signed by an attorney-in-fact on 08/21/2025.
Insider report: This Form 4 shows Todd Allan Penegor, a director of Dutch Bros Inc. (BROS), received 445 shares and 445 restricted stock units on 08/20/2025. After the transactions he beneficially owns 2,024 shares of Class A common stock and 1,334 restricted stock units. The restricted stock units convert one-for-one into Class A shares and vest in four increments: 25% on each of 08/20/2025, 11/20/2025, 02/20/2026, and the final 25% on the earlier of 05/20/2026 or the company’s 2026 annual meeting. The Form 4 was signed by an attorney-in-fact on 08/21/2025.
Ann M. Miller, a director of Dutch Bros Inc. (BROS), received equity awards on 08/20/2025. The Form 4 reports acquisition of 445 shares of Class A common stock at $0 and an award of 445 restricted stock units (RSUs) that convert 1-for-1 to Class A shares. Following the reported transactions, the filing shows 9,990 shares beneficially owned and 1,334 derivative securities beneficially owned. The RSUs vest in four installments: 25% on 08/20/2025, 25% on 11/20/2025, 25% on 02/20/2026, and the final 25% on the earlier of 05/20/2026 or the 2026 annual stockholder meeting.
Kory Marchisotto, a director of Dutch Bros Inc. (BROS), was awarded 445 restricted stock units (RSUs) on 08/20/2025, each representing the right to receive one share of Class A common stock with no cash price. After the award, the filing reports 859 shares of Class A common stock beneficially owned following the non-derivative transaction and 1,334 RSU-based shares reported as derivative beneficial ownership. The 445 RSU award vests in four tranches: 25% on each of 08/20/2025, 11/20/2025, and 02/20/2026, with the final 25% vesting on the earlier of 05/20/2026 or the date of the issuer's 2026 annual stockholder meeting. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 08/21/2025.
Dutch Bros Inc. (BROS) notice reports a proposed sale under Rule 144 of 178,351 common shares through Morgan Stanley Smith Barney with an aggregate market value of $11,225,411.94. The filing shows these were acquired as founders shares on 09/27/2018 and payment was recorded as N/A at acquisition. The form lists recent related sales dated 05/22/2025 totaling 722,841 shares (159,254 and 563,587) with gross proceeds of $10,641,830.04 and $37,660,574.10, respectively. The issuer has 126,960,284 shares outstanding, making the proposed sale roughly 0.14% of outstanding shares. The signer certifies no undisclosed material adverse information and, if applicable, reliance on a Rule 10b5-1 plan is noted.