DM Individual Aggregator, LLC 4
4 · Dutch Bros Inc. · Filed Nov 26, 2025
Insider Transaction Report
Form 4
Dutch Bros Inc.BROS
DM Individual Aggregator, LLC
10% Owner
Transactions
- Sale
Class A Common Stock
2025-11-24$52.95/sh−98,697$5,225,680→ 876,334 total - Sale
Class A Common Stock
2025-11-24$53.53/sh−204,160$10,928,399→ 672,174 total - Sale
Class A Common Stock
2025-11-24$54.83/sh−14,268$782,259→ 657,906 total - Sale
Class A Common Stock
2025-11-25$53.74/sh−56,808$3,053,038→ 601,098 total - Sale
Class A Common Stock
2025-11-25$54.58/sh−164,625$8,984,656→ 436,473 total - Sale
Class A Common Stock
2025-11-25$55.27/sh−268,897$14,862,367→ 167,576 total - Sale
Class A Common Stock
2025-11-25$56.63/sh−37,952$2,149,400→ 129,624 total - Sale
Class A Common Stock
2025-11-25$57.42/sh−119,807$6,878,791→ 9,817 total
Footnotes (9)
- [F1]As indicated by the checkbox above, this transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by DM Individual Aggregator, LLC on November 22, 2024.
- [F2]Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $52.3200 to $53.3150 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.
- [F3]Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $53.3200 to $54.3100 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.
- [F4]Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $54.3200 to $55.2500 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.
- [F5]Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $53.0100 to $54.0050 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.
- [F6]Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $54.0100 to $55.0050 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.
- [F7]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.
- [F8]Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $56.1200 to $57.1100 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.
- [F9]Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $57.1200 to $57.6900 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.