Dutch Bros Inc.: 10% owner DM Trust Aggregator, LLC sold 94,978 shares

What happened DM Trust Aggregator, LLC, listed as a 10% owner, sold 94,978 shares of Dutch Bros Inc. The filing reports a weighted average sale price of $44.01 for total proceeds of $4,179,792. The Form 4 lists the disposition code as S (sale) and indicates the sale occurred on Oct 20, 2026.

Key details

• Transaction date and prices: Oct 20, 2026; weighted average $44.01; individual sale prices ranged from $44.0000 to $44.0900 inclusive (see footnote F2).
• Quantity and proceeds: 94,978 shares sold for $4,179,792.
• Method and code: open market or private sale (S).
• Shares owned after the transaction: not reported in the filing.
• Footnotes: F1—transaction was effected automatically under a Rule 10b5-1 trading plan adopted Feb 19, 2026; F2—represents the weighted average sale price and the reporting person will provide details of the number of shares sold at each separate price upon request.
• Filing date: Oct 22, 2026.

Why it may matter DM Trust Aggregator, LLC is reported as a 10% owner, which indicates a large holder rather than an executive. The filing states the sale was executed under a Rule 10b5-1 trading plan. This filing does not show why the insider traded or why the company acted.