Thomas J. Davis - 13 May 2026 Form 4 Insider Report for Dutch Bros Inc. (BROS)

Reporting relationship: Director
Issuer ticker: BROS
Reported as of: 13 May 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 15 May 2026, 19:09:18 UTC
Prior SEC filing: 24 Feb 2026
Source filing: View source filing
Reporting owner signature: /s/ Victoria Tullett, Attorney-in-Fact for Thomas J Davis

Key filing fact

Thomas J. Davis filed Form 4 for Dutch Bros Inc. (BROS) on 15 May 2026.

Key facts

This page summarizes Thomas J. Davis's Form 4 filing for Dutch Bros Inc. (BROS).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 15 May 2026, 19:09.

Change

Previous filing in this sequence was filed on 24 Feb 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001884188 Primary reporting owner

Davis Thomas James

Relationship: Director
Address: C/O DUTCH BROS INC., 1930 W RIO SALADO PKWY, TEMPE
Signature: /s/ Victoria Tullett, Attorney-in-Fact for Thomas J Davis
Signature date: 15 May 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BROS transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +444
Change %: +3.2%
Price: $0.000000^*
Shares after: 14,121
Date: 13 May 2026
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BROS transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -444
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 13 May 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 444
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Thomas J. Davis is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.

Footnote 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.

SEC remarks

The reporting person ceased to be a director of the issuer on May 13, 2026.