Tana Davila - 20 Feb 2026 Form 4 Insider Report for Dutch Bros Inc. (BROS)

Role
Chief Marketing Officer
Signature
/s/ Betsy Judd, Attorney-in-Fact for Tana Davila
Issuer symbol
BROS
Transactions as of
20 Feb 2026
Net transactions value
-$23,917
Form type
4
Filing time
24 Feb 2026, 17:52:17 UTC
Previous filing
06 Jan 2026
Next filing
02 Mar 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., 1930 W RIO SALADO PKWY, TEMPE /s/ Betsy Judd, Attorney-in-Fact for Tana Davila 24 Feb 2026 0001981137

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BROS Class A Common Stock Options Exercise +1,523 +12% 14,094 20 Feb 2026 Direct F1
transaction BROS Class A Common Stock Tax liability $23,917 -490 -3.5% $48.81 13,604 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 -1,523 -33% $0.000000 3,048 20 Feb 2026 Class A Common Stock 1,523 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, 33.33% of which will vest on each of February 20, 2026, February 20, 2027, and February 20, 2028.