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 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.
Dutch Bros Inc. (BROS) reported an insider equity transaction by director C. David Cone. On 11/20/2025, 445 restricted stock units (RSUs) were converted to 445 shares of Class A Common Stock at an exercise price of $0. Following this transaction, Cone directly beneficially owned 5,551 shares of Class A Common Stock.
The Form 4 also notes remaining derivative holdings of 889 RSUs. These RSUs vest in four tranches: 25% on August 20, 2025, 25% on November 20, 2025, 25% on February 20, 2026, and the final 25% on the earlier of May 20, 2026 or the date of the company’s 2026 annual stockholder meeting.
Dutch Bros Inc. (BROS) filed an amended Schedule 13G/A (Amendment No. 6) reporting updated beneficial ownership positions in its Class A common stock. As of September 30, 2025, Travis Boersma reported beneficial ownership of 50,726,099 shares, representing 28.9% of the class, with sole voting and dispositive power over those shares.
DM Trust Aggregator, LLC reported 30,703,297 shares (19.7%) with sole voting and dispositive power; DM Individual Aggregator, LLC reported 19,309,042 shares (13.3%) with sole voting and dispositive power; and DMI Holdco, LLC reported 713,760 shares (0.6%) with sole voting and dispositive power. The filing lists the Reporting Persons as Travis Boersma, DM Trust Aggregator, LLC, DM Individual Aggregator, LLC, and DMI Holdco, LLC.
Dutch Bros Inc. reported Q3 results highlighted by higher sales and profitability. Total revenues were $423.6 million, up from $338.2 million a year ago, driven by company-operated shops revenue of $392.8 million and franchising and other revenue of $30.8 million. Income from operations was $41.5 million. Net income attributable to Dutch Bros Inc. was $17.5 million, or $0.14 per diluted share, compared with $12.6 million, or $0.11, in the prior year period.
For the nine months ended September 30, 2025, operating cash flow reached $215.9 million, while purchases of property and equipment were $170.0 million. As of September 30, 2025, there were 1,081 shops in 24 states, including 759 company-operated and 322 franchised. The company amended and restated its credit facility on May 29, 2025 to a $500 million revolving credit line and a $150 million term loan maturing in 2030; $50.0 million was outstanding on the revolver and approximately $149.1 million on the term loan, with $438.3 million available. Tax Receivable Agreements liabilities totaled $825.8 million. Shares outstanding as of October 31, 2025 were: Class A 127,031,344; Class B 35,210,946; Class C 2,279,846.
Dutch Bros Inc. (BROS) furnished its Q3 2025 results. The company announced financial results for the third quarter ended September 30, 2025, and provided its earnings press release as Exhibit 99.1.
The materials were furnished under Item 2.02 and Item 7.01 and, as stated, are not deemed filed under Section 18 of the Exchange Act or incorporated by reference except as specifically referenced.