Travis Boersma - Dec 27, 2023 Form 4 Insider Report for Dutch Bros Inc. (BROS)

Role
Executive Chairman of Board, Director, 10%+ Owner
Signature
/s/ Thomas P. Conaghan, Attorney-in-Fact for Travis Boersma
Stock symbol
BROS
Transactions as of
Dec 27, 2023
Transactions value $
-$135,776
Form type
4
Date filed
12/28/2023, 04:05 PM
Previous filing
Dec 15, 2023
Next filing
Dec 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BROS Class A Common Stock Sale -$55.8K -1.74K -0.08% $32.00 2.26M Dec 27, 2023 By DM Trust Aggregator, LLC F1
transaction BROS Class A Common Stock Sale -$80K -2.5K -0.18% $32.00 1.42M Dec 27, 2023 By DM Individual Aggregator, LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
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 August 15, 2023.
F2 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 August 15, 2023.