Daddario Nick 4
Research Summary
AI-generated summary
Dutch Bros (BROS) Chief Accounting Officer Nick Daddario Receives Award
What Happened
- Nick Daddario, Chief Accounting Officer of Dutch Bros Inc. (BROS), received a grant of 5,036 restricted stock units (RSUs) on March 1, 2026. The RSUs are recorded at $0.00 per unit (no cash paid) and are reported as a derivative award (transaction code A).
Key Details
- Transaction date: 2026-03-01; reported on Form 4 filed 2026-03-02 (timely filing).
- Grant: 5,036 RSUs; price reported $0.00 (award/derivative), total immediate cash value = $0.
- Vesting: 33.33% vests on each of Feb 20, 2027; Feb 20, 2028; and Feb 20, 2029 (per footnote).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Notes: Footnote F1 clarifies each RSU converts to one share of Class A common stock upon vesting. Transaction coded as an award (A), not a purchase or sale.
Context
- This is a compensation award (RSUs). RSUs are contingent rights to receive shares in the future and do not represent immediately tradable stock; value is realized only as units vest and are settled. Such grants are common for executive compensation and do not by themselves indicate a buy or sell signal by the insider.