Boersma Travis 4
4 · Dutch Bros Inc. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Dutch Bros (BROS) 10% Owner Travis Boersma Sells 749,999 Shares
What Happened
Travis Boersma, reported as a 10% owner and manager of certain DM Trusts, sold a total of 749,999 shares of Dutch Bros Inc. (BROS) in open-market transactions on May 29 and June 1, 2026. The four disposals break down as: 197,338 shares @ $58.27 (≈ $11,499,201), 291,607 shares @ $58.26 (≈ $16,988,907), 105,362 shares @ $58.27 (≈ $6,139,612), and 155,692 shares @ $58.26 (≈ $9,070,554), totaling approximately $43,698,274. These were sales (not purchases), which are often routine portfolio or trust activity rather than a bullish signal.
Key Details
- Transaction dates and prices:
- 2026-05-29: 197,338 @ $58.27 and 105,362 @ $58.27 (weighted avg $58.27; range $58.00–$58.77 per filing)
- 2026-06-01: 291,607 @ $58.26 and 155,692 @ $58.26 (weighted avg $58.26; range $58.00–$58.65 per filing)
- Total shares sold: 749,999; approximate proceeds: $43.7M.
- Footnotes: filing indicates some sales were effected automatically under Rule 10b5-1 trading plans adopted Feb 19, 2026 by DM Trust Aggregator, LLC and DM Individual Aggregator, LLC. The reporting person is the manager of those trusts and disclaims beneficial ownership except to the extent of any pecuniary interest.
- Amount owned after the transactions: not provided in the extract you supplied.
- Filing date: 2026-06-02 (report period includes 2026-05-29 and 2026-06-01). The filing itself does not flag a timeliness exception in the provided summary.
Context
These were sales by a 10% owner via aggregator trusts and partially executed under pre-established 10b5-1 plans — common mechanisms for scheduled insider sales. Because the trades are sales (not purchases) and were done through trusts/plans, they are typically treated as routine liquidity or trust-management activity rather than a direct signal about company prospects.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2][F3]2026-05-29$58.27/sh−197,338$11,499,201→ 5,784,127 total(indirect: By Trust) - Sale
Class A Common Stock
[F1][F4][F3]2026-06-01$58.26/sh−291,607$16,988,907→ 5,492,520 total(indirect: By Trust) - Sale
Class A Common Stock
[F5][F2][F3]2026-05-29$58.27/sh−105,362$6,139,612→ 3,088,601 total(indirect: By LLC) - Sale
Class A Common Stock
[F5][F4][F3]2026-06-01$58.26/sh−155,692$9,070,554→ 2,932,909 total(indirect: By LLC)
Footnotes (5)
- [F1]As indicated by the checkbox above, this transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by DM Trust Aggregator, LLC on February 19, 2026.
- [F2]Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $58.0000 to $58.7700 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]The reporting person is the manager of DM Trust Aggregator, LLC and DM Individual Aggregator, LLC (the "DM Trusts"). Multiple members hold ownership interests in the DM Trusts, including the reporting person. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, if any, and the inclusion of the reported securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or any other purpose.
- [F4]Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $58.0000 to $58.6500 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]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 February 19, 2026.