Victoria Tullett - Nov 1, 2025 Form 4 Insider Report for Dutch Bros Inc. (BROS)

Signature
/s/ Betsy Judd, Attorney-in-Fact for Victoria Tullett
Stock symbol
BROS
Transactions as of
Nov 1, 2025
Transactions value $
-$50,764
Form type
4
Date filed
11/4/2025, 06:04 PM
Previous filing
Mar 4, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Tullett Victoria J Chief Legal Officer C/O DUTCH BROS INC., 1930 W RIO SALADO PKWY, TEMPE /s/ Betsy Judd, Attorney-in-Fact for Victoria Tullett 2025-11-04 0001606719

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BROS Class A Common Stock Options Exercise +2.18K +16.19% 15.7K Nov 1, 2025 Direct F1
transaction BROS Class A Common Stock Tax liability -$50.8K -914 -5.84% $55.54 14.7K Nov 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 -2.18K -100% $0.00 0 Nov 1, 2025 Class A Common Stock 2.18K Direct F1, F2
* 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 restricted stock units, 50% of which vested on each of November 1, 2024 and November 1, 2025.