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.
Dutch Bros Inc. executive chairman Travis Boersma, through affiliated entities, reported derivative conversions that increased indirect holdings of Class A Common Stock. DM Individual Aggregator, LLC acquired 3,445,200 shares, bringing its indirect position to 3,455,017 shares, while DM Trust Aggregator, LLC acquired 6,454,800 shares, raising its indirect position to 6,470,410 shares.
These shares were received upon conversion of Dutch Mafia, LLC Class A Common Units, which are exchangeable into Class A Common Stock on a one-for-one basis with no exercise price and no expiration, under Dutch Mafia’s amended and restated limited liability company agreement. A further 713,090 Class A Common Units remain indirectly held via DMI Holdco LLC. Boersma manages the DM entities and disclaims beneficial ownership beyond his pecuniary interest.
DM Individual Aggregator, LLC, a 10% owner of Dutch Bros Inc., reported a conversion of derivative securities into common stock. The entity converted 3,445,200 shares of Class A Common Units of Dutch Mafia, LLC into the same number of Class A Common Stock shares.
After the conversion, DM Individual Aggregator, LLC directly holds 3,455,017 shares of Class A Common Stock and 14,871,616 Class A Common Units of Dutch Mafia. The units are exchangeable for Class A Common Stock on a one-for-one basis without an exercise price and have no expiration date.
DM Trust Aggregator, LLC, a 10% owner of Dutch Bros Inc., converted 6,454,800 shares of Dutch Mafia, LLC Class A Common Units into the same number of Dutch Bros Class A Common Stock on April 27, 2026. After the conversion, DM Trust Aggregator directly holds 6,470,410 shares of Class A Common Stock. It also continues to hold 22,670,760 Class A Common Units of Dutch Mafia, which are exchangeable one-for-one into Class A Common Stock under specified conditions without any exercise price or expiration.
Dutch Bros Inc Schedule 13G: Vanguard Capital Management reports beneficial ownership of 6,659,327 shares of Common Stock, representing 5.24% of the class as of 03/31/2026. The filing shows sole dispositive power for 6,659,327 shares and sole voting power for 969,226 shares.
Dutch Bros Inc. — BlackRock reports a 9.3% stake. BlackRock, Inc. states it beneficially owned 11,818,137 shares of Dutch Bros Class A common stock as of 03/31/2026, with sole voting power over 11,446,263 shares and sole dispositive power over 11,818,137 shares. The filing is submitted on behalf of aggregated reporting business units of BlackRock and is signed by a Managing Director.
Dutch Bros Inc. disclosed that entities associated with Executive Chairman Travis Boersma underwent a recapitalization of Class A Common Units in Dutch Mafia, LLC, the operating company. On April 22, 2026, a reverse unit split canceled 33,022 shares of Class B Common Stock without consideration and reduced related Class A Common Units and paired Class B shares held by DM Trust Aggregator, LLC, DM Individual Aggregator, LLC and DMI Holdco LLC.
DM Individual Aggregator, LLC, a major Dutch Bros Inc. holder, reported an internal restructuring transaction on Class A Common Units and Class B Common Stock tied to Dutch Mafia, LLC.
On April 22, 2026, Dutch Mafia Class A Common Units were recapitalized through a reverse unit split. This recapitalization canceled 33,022 shares of Dutch Bros Class B Common Stock without consideration and reduced the units and shares beneficially owned by DM Individual Aggregator, LLC.
Following the change, the reporting person held 14,143,857 shares of Class B Common Stock and 18,316,816 Class A Common Units. The units are exchangeable one-for-one into Class A Common Stock, and certain units are paired with an equal number of Class B shares that are surrendered and canceled upon exchange.
DM Trust Aggregator, LLC, a 10% owner of Dutch Bros Inc., reported an internal recapitalization on April 22, 2026. Dutch Mafia, LLC completed a reverse unit split that canceled 33,022 shares of Dutch Bros Class B Common Stock, reducing DM Trust Aggregator’s holdings by 19,318 Class B shares to 20,579,218 and by 27,341 Class A Common Units to 29,125,560. These Class A Common Units are exchangeable one-for-one into Class A Common Stock, and some are paired with an equal number of Class B shares that are surrendered and canceled when exchanged.
Dutch Bros Inc. is holding its 2026 annual stockholders’ meeting on May 13, 2026, at 2:00 p.m. Pacific Time via live webcast. Stockholders of record as of March 20, 2026 can vote on electing nine directors, ratifying KPMG LLP as auditor for 2026, and approving executive pay on an advisory basis.
The company highlights rapid shop expansion toward a goal of 2,029 locations by 2029, a people-focused culture, and continued brand innovation. Dutch Bros remains a controlled company, with its co‑founder holding a majority of voting power, but it currently follows full NYSE independence standards for key board committees.