Tana Davila - Jul 1, 2025 Form 4 Insider Report for Dutch Bros Inc. (BROS)

Role
Chief Marketing Officer
Signature
/s/ Victoria Tullett, Attorney-in-Fact for Tana Davila
Stock symbol
BROS
Transactions as of
Jul 1, 2025
Transactions value $
-$397,366
Form type
4
Date filed
7/3/2025, 12:58 PM
Previous filing
Mar 4, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
DAVILA TANA Chief Marketing Officer C/O DUTCH BROS INC., PO BOX 1929, GRANTS PASS /s/ Victoria Tullett, Attorney-in-Fact for Tana Davila 2025-07-02 0001981137

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BROS Class A Common Stock Options Exercise +8.79K +216.91% 12.8K Jul 1, 2025 Direct F1
transaction BROS Class A Common Stock Tax liability -$247K -3.68K -28.65% $67.10 9.16K Jul 1, 2025 Direct
transaction BROS Class A Common Stock Options Exercise +5.66K +61.74% 14.8K Jul 1, 2025 Direct F1
transaction BROS Class A Common Stock Tax liability -$151K -2.24K -15.15% $67.10 12.6K Jul 1, 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BROS Restricted Stock Units Options Exercise $0 -8.79K -50% $0.00 8.79K Jul 1, 2025 Class A Common Stock 8.79K Direct F1, F2
transaction BROS Restricted Stock Units Options Exercise $0 -5.66K -50% $0.00 5.66K Jul 1, 2025 Class A Common Stock 5.66K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2 The reporting person received an award of 17,574 restricted stock units, 50% of which will vest on each of July 1, 2025 and July 1, 2026.
F3 The reporting person received an award of 11,310 restricted stock units, 50% of which will vest on each of July 1, 2025 and July 1, 2026.