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. director C. David Cone reported an exercise of restricted stock units that converted into Class A common shares. On February 20, 2026, 445 restricted stock units were exercised, resulting in 445 Class A shares, bringing his directly held Class A stake to 5,996 shares.
Each restricted stock unit represents a right to receive one share of Class A common stock. The award vests in four installments: 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 company’s 2026 annual stockholder meeting. After this vesting event, 444 restricted stock units remain outstanding.
Dutch Bros Inc. director Kory Marchisotto acquired 445 shares of Class A Common Stock through the exercise of Restricted Stock Units on February 20, 2026. The transaction was a derivative conversion at a reported price of $0.00 per share, reflecting equity compensation rather than an open-market purchase.
Following this conversion, Marchisotto directly held 1,749 shares of Class A Common Stock and 444 Restricted Stock Units. Each RSU represents a right to receive one share of Class A Common Stock, with the award vesting in four 25% installments tied to dates in 2025 and 2026.
Dutch Bros Inc. director Ann M. Miller exercised 445 restricted stock units into 445 shares of Class A common stock on February 20, 2026 at a stated price of $0.00 per share. Each restricted stock unit represents one share, and the award vests in four 25% installments between August 20, 2025 and May 20, 2026.
Dutch Bros Inc. director Thomas James Davis reported an automatic conversion of 445 restricted stock units into 445 shares of Class A common stock on February 20, 2026. The derivative transaction was coded as an exercise or conversion with a price of $0.00 per share.
Following the RSU conversion, his direct holdings in Class A common stock increased to 13,677 shares, while 444 restricted stock units remained outstanding. Each restricted stock unit represents a contingent right to receive one Class A share, with vesting in four 25% installments through 2026 as described in the award terms.
Dutch Bros Inc. Chief Accounting Officer Nick Daddario reported equity award activity involving restricted stock units and Class A common stock. On February 20, 2026, he exercised 914 and 609 restricted stock units, receiving the same number of Class A shares at a price of $0.00 per share.
To cover tax obligations tied to these equity events, 294 and 196 Class A shares were disposed of at $48.81 per share as tax-withholding transactions, rather than open‑market sales. Footnotes note RSU awards of 2,743 and 1,828 units, each vesting in three equal 33.33% installments on February 20, 2026, February 20, 2027, and February 20, 2028.
Dutch Bros Inc. director Kathryn George reported an exercise and conversion of restricted stock units into Class A common stock. On February 20, 2026, she converted 445 restricted stock units into 445 shares of Class A common stock at a stated price of $0.00 per share, increasing her directly held Class A stake to 13,677 shares. Each restricted stock unit represents a contingent right to receive one share of Class A common stock, with the award vesting in four 25% installments tied to dates in 2025 and 2026, including the issuer's 2026 annual stockholder meeting.
Dutch Bros Inc. director Stephen Gillett reported an acquisition of shares through a restricted stock unit (RSU) conversion. On February 20, 2026, 445 RSUs were exercised or converted into 445 shares of Class A Common Stock, bringing his direct Class A holdings to 18,063 shares.
Each RSU represents a contingent right to receive one Class A share. The related RSU award vests in four 25% installments on August 20, 2025, November 20, 2025, February 20, 2026, and the earlier of May 20, 2026 or the company’s 2026 annual stockholder meeting.
Dutch Bros Inc. director Gerard Johan Hart reported acquiring shares through an equity award. On February 20, 2026, he exercised 445 restricted stock units, which converted into 445 shares of Class A Common Stock at a price of $0.00 per share.
Following the transaction, he directly held 3,017 shares of Class A Common Stock and 444 restricted stock units. Each restricted stock unit represents a right to receive one Class A share. The reported RSU award vests in four 25% installments tied to dates in 2025 and 2026, including the issuer's 2026 annual stockholder meeting.
Dutch Bros Inc. director Todd Allan Penegor reported an equity award-related transaction. On February 20, 2026, he exercised or converted 445 Restricted Stock Units at a price of $0.00 per unit, acquiring 445 shares of Class A Common Stock.
Following the transaction, Penegor directly owned 444 Restricted Stock Units and 2,914 shares of Class A Common Stock. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock, with the award vesting in four 25% installments between August 20, 2025 and May 20, 2026 or the 2026 annual stockholder meeting.
Dutch Bros Inc. received an updated Schedule 13G/A (Amendment No. 7) from Travis Boersma and related entities regarding ownership of its Class A common stock. The filing shows that Travis Boersma beneficially owns 48,226,099 shares, representing 27.5% of the class, with sole voting and dispositive power over these shares.
Trust Aggregator, LLC reports beneficial ownership of 29,168,511 shares, or 18.7% of the class, while Individual Aggregator, LLC reports 18,343,828 shares, or 12.6%. DMI Holdco, LLC reports 713,760 shares, or 0.6%. Each reporting person indicates sole voting and dispositive power over its reported shares.
The filing identifies Travis Boersma, Trust Aggregator, LLC, Individual Aggregator, LLC, and DMI Holdco, LLC collectively as the reporting persons for Dutch Bros Inc.’s Class A common stock, with additional ownership details referenced in Exhibit 99.1.