Form 4
Option exercise
Tax / Compensation Filing
2026-08-21
BROS insider Form 4 filed for equity award, exercise, or tax withholding
Gillett Stephen (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
775 |
— |
— |
M |
Option exercise
derivative · Restricted Stock Units
|
775 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Gillett Stephen (Director)
Shares: 775
Form 4
Option exercise
Tax / Compensation Filing
2026-08-21
BROS insider Form 4 filed for equity award, exercise, or tax withholding
Hart Gerard Johan (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
775 |
— |
— |
M |
Option exercise
derivative · Restricted Stock Units
|
775 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Hart Gerard Johan (Director)
Shares: 775
Form 4
Option exercise
Tax / Compensation Filing
2026-08-21
BROS insider Form 4 filed for equity award, exercise, or tax withholding
MARCHISOTTO KORY (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
775 |
— |
— |
M |
Option exercise
derivative · Restricted Stock Units
|
775 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: MARCHISOTTO KORY (Director)
Shares: 775
Form 4
Option exercise
Tax / Compensation Filing
2026-08-21
BROS insider Form 4 filed for equity award, exercise, or tax withholding
Miller Ann M (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
775 |
— |
— |
M |
Option exercise
derivative · Restricted Stock Units
|
775 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Miller Ann M (Director)
Shares: 775
Form 4
Option exercise
Tax / Compensation Filing
2026-08-21
BROS insider Form 4 filed for equity award, exercise, or tax withholding
Penegor Todd Allan (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
775 |
— |
— |
M |
Option exercise
derivative · Restricted Stock Units
|
775 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Penegor Todd Allan (Director)
Shares: 775
Form 4
Option exercise
Tax / Compensation Filing
2026-08-21
BROS insider Form 4 filed for equity award, exercise, or tax withholding
Cone C. David (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
775 |
— |
— |
M |
Option exercise
derivative · Restricted Stock Units
|
775 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Cone C. David (Director)
Shares: 775
Form 4
Option exercise
Tax / Compensation Filing
2026-08-21
BROS insider Form 4 filed for equity award, exercise, or tax withholding
Maw Scott Harlan (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
775 |
— |
— |
M |
Option exercise
derivative · Restricted Stock Units
|
775 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Maw Scott Harlan (Director)
Shares: 775
Form 4
Open-market purchase
Insider Buying
2026-08-14
BROS insider Penegor Todd Allan (Director) bought 2,000 shares (~$103.1K)
Penegor Todd Allan, listed as Director at Dutch Bros Inc., reported an open-market purchase of 2,000 BROS shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
2,000 |
$51.56 |
$103.1K |
Filing: Form 4 (Insider Transaction)
Insider: Penegor Todd Allan (Director)
Shares: 2,000
Est. Value: $103.1K
Form 4
Option exercise
Tax / Compensation Filing
2026-07-06
BROS insider Form 4 filed for equity award, exercise, or tax withholding
DAVILA TANA (Chief Marketing Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
8,787 |
— |
— |
F |
Tax withholding on vested shares
|
3,678 |
$73.31 |
$269.6K |
M |
Option exercise
|
5,655 |
— |
— |
F |
Tax withholding on vested shares
|
2,367 |
$73.31 |
$173.5K |
M |
Option exercise
derivative · Restricted Stock Units
|
8,787 |
— |
— |
M |
Option exercise
derivative · Restricted Stock Units
|
5,655 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: DAVILA TANA (Chief Marketing Officer)
Shares: 20,487
Form 4
Open-market sale
Insider Selling
2026-06-12
BROS insider Boersma Travis (Director, Executive Chairman of Board, 10% Owner) sold 1,499,999 shares (~$92.56M)
Boersma Travis, listed as Director, Executive Chairman of Board, 10% Owner at Dutch Bros Inc., reported an open-market sale of 1,499,999 BROS shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
461,532 |
$60.35 |
$27.85M |
S |
Open-market sale
|
27,413 |
$61.08 |
$1.67M |
S |
Open-market sale
|
233,690 |
$62.47 |
$14.60M |
S |
Open-market sale
|
226,120 |
$63.46 |
$14.35M |
S |
Open-market sale
|
29,135 |
$64.10 |
$1.87M |
S |
Open-market sale
|
247,456 |
$60.34 |
$14.93M |
S |
Open-market sale
|
13,598 |
$61.08 |
$830.6K |
S |
Open-market sale
|
124,771 |
$62.47 |
$7.79M |
S |
Open-market sale
|
120,729 |
$63.46 |
$7.66M |
S |
Open-market sale
|
15,555 |
$64.10 |
$997.1K |
Filing: Form 4 (Insider Transaction)
Insider: Boersma Travis (Director, Executive Chairman of Board, 10% Owner)
Shares: 1,499,999
Est. Value: $92.56M
Form 4
Open-market sale
Insider Selling
2026-06-12
BROS insider DM Individual Aggregator, LLC (10% Owner) sold 522,109 shares (~$32.21M)
DM Individual Aggregator, LLC, listed as 10% Owner at Dutch Bros Inc., reported an open-market sale of 522,109 BROS shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
247,456 |
$60.34 |
$14.93M |
S |
Open-market sale
|
13,598 |
$61.08 |
$830.6K |
S |
Open-market sale
|
124,771 |
$62.47 |
$7.79M |
S |
Open-market sale
|
120,729 |
$63.46 |
$7.66M |
S |
Open-market sale
|
15,555 |
$64.10 |
$997.1K |
Filing: Form 4 (Insider Transaction)
Insider: DM Individual Aggregator, LLC (10% Owner)
Shares: 522,109
Est. Value: $32.21M
Form 4
Open-market sale
Insider Selling
2026-06-12
BROS insider DM Trust Aggregator, LLC (10% Owner) sold 977,890 shares (~$60.34M)
DM Trust Aggregator, LLC, listed as 10% Owner at Dutch Bros Inc., reported an open-market sale of 977,890 BROS shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
461,532 |
$60.35 |
$27.85M |
S |
Open-market sale
|
27,413 |
$61.08 |
$1.67M |
S |
Open-market sale
|
233,690 |
$62.47 |
$14.60M |
S |
Open-market sale
|
226,120 |
$63.46 |
$14.35M |
S |
Open-market sale
|
29,135 |
$64.10 |
$1.87M |
Filing: Form 4 (Insider Transaction)
Insider: DM Trust Aggregator, LLC (10% Owner)
Shares: 977,890
Est. Value: $60.34M
Form 4
Open-market sale
Insider Selling
2026-06-11
BROS insider Barone Christine (Director, CEO and President) sold 42,031 shares (~$2.53M)
Barone Christine, listed as Director, CEO and President at Dutch Bros Inc., reported an open-market sale of 42,031 BROS shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
42,031 |
$60.13 |
$2.53M |
Filing: Form 4 (Insider Transaction)
Insider: Barone Christine (Director, CEO and President)
Shares: 42,031
Est. Value: $2.53M