| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| Boersma Travis | Executive Chairman of Board, Director, 10%+ Owner | C/O DUTCH BROS INC., 1930 W RIO SALADO PKWY, TEMPE | /s/ Thomas P. Conaghan, Attorney-in-Fact for Travis Boersma | 25 Aug 2025 | 0001883154 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BROS | Class A Common Stock | Sale | $13,296,960 | -211,023 | -6.8% | $63.01 | 2,874,159 | 21 Aug 2025 | By DM Trust Aggregator, LLC | F1, F2, F3 |
| transaction | BROS | Class A Common Stock | Sale | $4,589,195 | -72,574 | -2.5% | $63.23 | 2,801,585 | 21 Aug 2025 | By DM Trust Aggregator, LLC | F1, F3, F4 |
| transaction | BROS | Class A Common Stock | Sale | $2,994,496 | -47,005 | -1.7% | $63.71 | 2,754,580 | 22 Aug 2025 | By DM Trust Aggregator, LLC | F1, F3, F5 |
| transaction | BROS | Class A Common Stock | Sale | $9,925,405 | -152,878 | -5.5% | $64.92 | 2,601,702 | 22 Aug 2025 | By DM Trust Aggregator, LLC | F1, F3, F6 |
| transaction | BROS | Class A Common Stock | Sale | $37,107,185 | -567,738 | -22% | $65.36 | 2,033,964 | 22 Aug 2025 | By DM Trust Aggregator, LLC | F1, F3, F7 |
| transaction | BROS | Class A Common Stock | Sale | $8,362,372 | -132,711 | -6.8% | $63.01 | 1,807,534 | 21 Aug 2025 | By DM Individual Aggregator, LLC | F2, F3, F8 |
| transaction | BROS | Class A Common Stock | Sale | $2,886,032 | -45,640 | -2.5% | $63.23 | 1,761,894 | 21 Aug 2025 | By DM Individual Aggregator, LLC | F3, F4, F8 |
| transaction | BROS | Class A Common Stock | Sale | $1,883,210 | -29,561 | -1.7% | $63.71 | 1,732,333 | 22 Aug 2025 | By DM Individual Aggregator, LLC | F3, F5, F8 |
| transaction | BROS | Class A Common Stock | Sale | $6,241,959 | -96,143 | -5.5% | $64.92 | 1,636,190 | 22 Aug 2025 | By DM Individual Aggregator, LLC | F3, F6, F8 |
| transaction | BROS | Class A Common Stock | Sale | $23,336,419 | -357,046 | -22% | $65.36 | 1,279,144 | 22 Aug 2025 | By DM Individual Aggregator, LLC | F3, F7, F8 |
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).
| 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 November 22, 2024. |
| F2 | Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $62.1800 to $63.1750 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 $63.1800 to $63.4500 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 | Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $63.1900 to $64.1050 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. |
| F6 | Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $64.1950 to $65.1900 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. |
| F7 | Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $65.2000 to $65.8200 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. |
| F8 | 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 November 22, 2024. |