DM Trust Aggregator, LLC - 10 Jun 2026 Form 4 Insider Report for Dutch Bros Inc. (BROS)

Reporting relationship: 10%+ Owner
Issuer ticker: BROS
Reported as of: 10 Jun 2026
Net transaction value: -$60,344,462
SEC form: 4
Accepted by SEC: 12 Jun 2026, 12:58:53 UTC
Prior SEC filing: 02 Jun 2026
Source filing: View source filing
Reporting owner signature: /s/ Thomas P. Conaghan, Attorney-in-Fact for Travis Boersma, Manager

Key filing fact

DM Trust Aggregator, LLC filed Form 4 for Dutch Bros Inc. (BROS) on 12 Jun 2026.

Key facts

This page summarizes DM Trust Aggregator, LLC's Form 4 filing for Dutch Bros Inc. (BROS).
5 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 12 Jun 2026, 12:58.

Change

Previous filing in this sequence was filed on 02 Jun 2026.
Current net transaction value: -$60,344,462.

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 0001883105 Primary reporting owner

DM Trust Aggregator, LLC

Relationship: 10%+ Owner
Address: PO BOX 398, GRANTS PASS
Signature: /s/ Thomas P. Conaghan, Attorney-in-Fact for Travis Boersma, Manager
Signature date: 12 Jun 2026

Reported non-derivative transactions

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

BROS transaction

Class A Common Stock

Sale

Transaction value: $27,854,748
Shares: -461,532
Change %: -8.4%
Price: $60.35
Shares after: 5,030,988
Date: 10 Jun 2026
Ownership: Direct
Footnotes: F1, F2

BROS transaction

Class A Common Stock

Sale

Transaction value: $1,674,378
Shares: -27,413
Change %: -0.54%
Price: $61.08
Shares after: 5,003,575
Date: 10 Jun 2026
Ownership: Direct
Footnotes: F1, F3

BROS transaction

Class A Common Stock

Sale

Transaction value: $14,598,755
Shares: -233,690
Change %: -4.7%
Price: $62.47
Shares after: 4,769,885
Date: 11 Jun 2026
Ownership: Direct
Footnotes: F1, F4

BROS transaction

Class A Common Stock

Sale

Transaction value: $14,348,897
Shares: -226,120
Change %: -4.7%
Price: $63.46
Shares after: 4,543,765
Date: 11 Jun 2026
Ownership: Direct
Footnotes: F1, F5

BROS transaction

Class A Common Stock

Sale

Transaction value: $1,867,685
Shares: -29,135
Change %: -0.64%
Price: $64.10
Shares after: 4,514,630
Date: 11 Jun 2026
Ownership: Direct
Footnotes: F1, F6

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

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 6 footnotes

Footnote 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 February 19, 2026.

Footnote F2

Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $60.0000 to $60.9900 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.

Footnote F3

Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $61.0000 to $61.3000 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.

Footnote F4

Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $62.0000 to $62.9900 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.

Footnote F5

Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $63.0000 to $63.9900 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.

Footnote F6

Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $64.0000 to $64.2300 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.