SEC Form 4 · accession 0001866581-26-000123
Dutch Bros Inc. · BROS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
DM Trust Aggregator, LLC
10% Owner
Period of report
Jun 10, 2026
Accepted (ET)
Jun 12, 2026 · 12:58 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0001866581
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF2 | Jun 10, 2026 | S | 461,532 | $60.3528 | D | 5,030,988 | D | |
| Class A Common StockF3 | Jun 10, 2026 | S | 27,413 | $61.0797 | D | 5,003,575 | D | |
| Class A Common StockF4 | Jun 11, 2026 | S | 233,690 | $62.4706 | D | 4,769,885 | D | |
| Class A Common StockF5 | Jun 11, 2026 | S | 226,120 | $63.457 | D | 4,543,765 | D | |
| Class A Common StockF6 | Jun 11, 2026 | S | 29,135 | $64.1045 | D | 4,514,630 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1As indicated by the checkbox above, this transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by DM Trust Aggregator, LLC on February 19, 2026.
- F2Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $60.0000 to $60.9900 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F3Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $61.0000 to $61.3000 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F4Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $62.0000 to $62.9900 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F5Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $63.0000 to $63.9900 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F6Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $64.0000 to $64.2300 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.