Tana Davila - 01 Jul 2025 Form 4 Insider Report for Dutch Bros Inc. (BROS)

Role
Chief Marketing Officer
Signature
/s/ Victoria Tullett, Attorney-in-Fact for Tana Davila
Issuer symbol
BROS
Transactions as of
01 Jul 2025
Net transactions value
-$397,366
Form type
4
Filing time
03 Jul 2025, 12:58:07 UTC
Previous filing
04 Mar 2025
Next filing
06 Jan 2026
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 02 Jul 2025 0001981137

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BROS Class A Common Stock Options Exercise +8,787 +217% 12,838 01 Jul 2025 Direct F1
transaction BROS Class A Common Stock Tax liability $246,794 -3,678 -29% $67.10 9,160 01 Jul 2025 Direct
transaction BROS Class A Common Stock Options Exercise +5,655 +62% 14,815 01 Jul 2025 Direct F1
transaction BROS Class A Common Stock Tax liability $150,572 -2,244 -15% $67.10 12,571 01 Jul 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 -8,787 -50% $0.000000 8,787 01 Jul 2025 Class A Common Stock 8,787 Direct F1, F2
transaction BROS Restricted Stock Units Options Exercise $0 -5,655 -50% $0.000000 5,655 01 Jul 2025 Class A Common Stock 5,655 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.