Thomas J. Davis - 20 Feb 2026 Form 4 Insider Report for Dutch Bros Inc. (BROS)

Role
Director
Signature
/s/ Betsy Judd, Attorney-in-Fact for Thomas J Davis
Issuer symbol
BROS
Transactions as of
20 Feb 2026
Net transactions value
$0
Form type
4
Filing time
24 Feb 2026, 17:50:08 UTC
Previous filing
21 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Davis Thomas James Director C/O DUTCH BROS INC., 1930 W RIO SALADO PKWY, TEMPE /s/ Betsy Judd, Attorney-in-Fact for Thomas J Davis 24 Feb 2026 0001884188

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BROS Class A Common Stock Options Exercise $0 +445 +3.4% $0.000000 13,677 20 Feb 2026 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 -445 -50% $0.000000 444 20 Feb 2026 Class A Common Stock 445 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, 25% of which will vest on each of August 20, 2025, November 20, 2025, February 20, 2026, and the remaining 25% will vest on the earlier of (i) May 20, 2026, and (ii) the date of the Issuer's 2026 annual stockholder meeting.