Derivative exercise or conversion — not an open-market buy.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
Apr 27, 2026
Reporting period
Not applicable
Filed with the SEC
Apr 29, 2026
10% ownerOption exercise
Context
Classification
option exercise
Code C — exercise or conversion of a derivative security
Planned / mechanical clue
None found in footnotes
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001866581-26-000068
Filed / recorded
Apr 29, 2026, 11:10 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
DM Trust Aggregator, LLC
Relationship
10% owner
Security
Class A Common Units
Table
Derivative (Table II)
Transaction date
Apr 27, 2026
Transaction code
C
Shares / units
6,454,800
Price per share
$0.00
Acquired / disposed
Disposed (D)
Shares owned after
22,670,760
Ownership form
Direct
Amendment
No
Footnotes from the filing
Represents Class A Common Units of Dutch Mafia, the operating company of the Issuer.
In accordance with the amended and restated limited liability company agreement of Dutch Mafia, LLC ("Dutch Mafia"), Class A Common Units of Dutch Mafia are exchangeable for shares of Class A Common Stock of the Issuer on a one-for-one basis at the discretion of the holder, subject to certain exceptions, conditions and adjustments. The Class A Common Units of Dutch Mafia do not have an expiration date, and the holders thereof are not required to pay an exercise price in connection with the exchanges.