Chair sold ~$23.6M of BROS shares in the open market

Past results only. Not a forecast.

Record ID

0001866581-25-000254

Filed / recorded

Nov 26, 2025, 2:50 PM UTC

Added to OQRO

Oct 6, 2026, 4:40 PM UTC

Parser

form4-xml-v2

Data quality

Verified: identifiers matched exactly

Issuer

Dutch Bros Inc.

Issuer CIK

1866581

Ticker

BROS

Reporting person

Travis Boersma

Relationship

Director, Officer, 10% owner

Officer title

Executive Chairman of Board

Security

Class A Common Stock

Table

Non-derivative (Table I)

Transaction date

Nov 25, 2025

Transaction code

S

Shares / units

427,572

Price per share

$55.27

Acquired / disposed

Disposed (D)

Shares owned after

266,464

Ownership form

Indirect — By DM Trust Aggregator, LLC

Amendment

No

1. As 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 November 22, 2024.
2. Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $55.0100 to $55.9200 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.
3. The Reporting Person is the manager of DM Trust Aggregator, LLC and DM Individual Aggregator, LLC (the "DM Trusts"). Multiple members hold ownership interests in the DM Trusts, including the Reporting Person. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, if any, and the inclusion of the reported securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or any other purpose.