DM Individual Aggregator, LLC 4

What Happened DM Individual Aggregator, LLC (a reported 10% owner of Dutch Bros, ticker BROS) sold a total of 261,054 shares in two open-market transactions. On 2026-05-29 it sold 105,362 shares at a weighted average price of $58.27 for proceeds of $6,139,612, and on 2026-06-01 it sold 155,692 shares at a weighted average price of $58.26 for proceeds of $9,070,554. Total proceeds across both trades were about $15.21 million. These were sales (not purchases), which are often routine portfolio-management transactions rather than a direct signal of company prospects.

Key Details

• Transaction dates and amounts:
  • 2026-05-29: 105,362 shares sold @ weighted avg $58.27 = $6,139,612 (F2: per-share prices in the batch ranged $58.00–$58.77)
  • 2026-06-01: 155,692 shares sold @ weighted avg $58.26 = $9,070,554 (F3: per-share prices in the batch ranged $58.00–$58.65)
• Total shares sold: 261,054; total proceeds ≈ $15,210,166.
• Reporting person/role: DM Individual Aggregator, LLC — reported as a 10% owner (institutional holder).
• Plan note: Transaction was effected automatically under a Rule 10b5-1 trading plan adopted Feb 19, 2026 (F1).
• Filing timeliness: Report filed 2026-06-02 for a reportable transaction on 2026-05-29; filed within the standard Form 4 two-business-day deadline.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.

Context

• As a 10% owner (institutional holder) using a 10b5-1 plan, these sales are structured trades and may reflect pre-set selling instructions rather than ad hoc insider decisions. Sales (S) disclose liquidity events; they do not necessarily indicate negative views about the company. If you want per-price breakdowns within each sale batch, the filer has committed to provide that detail on request to the issuer, shareholders, or the SEC (per F2 and F3).