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Boersma Travis's Form 4 filing

Dutch Bros Inc. (BROS) · filed Nov 26, 2025

Accession no.
0001866581-25-000254
Filed
Nov 26, 2025
Trade date
Nov 24-25, 2025
Filing delay
2 days
Rule 10b5-1 plan
Checked

This filing lists 16 non-derivative transactions. Open-market sales total $136.9M. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Boersma TravisCIK 0001883154Director, Officer (Executive Chairman of Board), 10% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Nov 24, 2025Class A Common StockSSaleDisposed−156,937$52.95F2−$8,309,814.151,393,459Indirect
Nov 24, 2025Class A Common StockSSaleDisposed−324,635$53.53F4−$17,377,711.551,068,824Indirect
Nov 24, 2025Class A Common StockSSaleDisposed−22,687$54.83F5−$1,243,928.211,046,137Indirect
Nov 25, 2025Class A Common StockSSaleDisposed−90,334$53.74F6−$4,854,549.16955,803Indirect
Nov 25, 2025Class A Common StockSSaleDisposed−261,767$54.58F7−$14,287,242.86694,036Indirect
Nov 25, 2025Class A Common StockSSaleDisposed−427,572$55.27F8−$23,631,904.44266,464Indirect
Nov 25, 2025Class A Common StockSSaleDisposed−60,348$56.63F9−$3,417,507.24206,116Indirect
Nov 25, 2025Class A Common StockSSaleDisposed−190,506$57.42F10−$10,938,854.5215,610Indirect
Nov 24, 2025Class A Common StockSSaleDisposed−98,697$52.95F2−$5,226,006.15876,334Indirect
Nov 24, 2025Class A Common StockSSaleDisposed−204,160$53.53F4−$10,928,684.8672,174Indirect
Nov 24, 2025Class A Common StockSSaleDisposed−14,268$54.83F5−$782,314.44657,906Indirect
Nov 25, 2025Class A Common StockSSaleDisposed−56,808$53.74F6−$3,052,861.92601,098Indirect
Nov 25, 2025Class A Common StockSSaleDisposed−164,625$54.58F7−$8,985,232.5436,473Indirect
Nov 25, 2025Class A Common StockSSaleDisposed−268,897$55.27F8−$14,861,937.19167,576Indirect
Nov 25, 2025Class A Common StockSSaleDisposed−37,952$56.63F9−$2,149,221.76129,624Indirect
Nov 25, 2025Class A Common StockSSaleDisposed−119,807$57.42F10−$6,879,317.949,817Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F2

Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $52.3200 to $53.3150 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.

Referenced by the price of 2 transactions in Table I.

F4

Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $53.3200 to $54.3100 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.

Referenced by the price of 2 transactions in Table I.

F5

Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $54.3200 to $55.2500 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.

Referenced by the price of 2 transactions in Table I.

F6

Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $53.0100 to $54.0050 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.

Referenced by the price of 2 transactions in Table I.

F7

Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $54.0100 to $55.0050 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.

Referenced by the price of 2 transactions in Table I.

F8

Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $55.0100 to $55.9200 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.

Referenced by the price of 2 transactions in Table I.

F9

Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $56.1200 to $57.1100 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.

Referenced by the price of 2 transactions in Table I.

F10

Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $57.1200 to $57.6900 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.

Referenced by the price of 2 transactions in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)