Dutch Bros Inc. — Insider Transactions
Form 4 filings by directors, officers, and 10%+ shareholders
SEC rules require corporate insiders — including directors, executive officers, and any shareholder owning more than 10% of a company's shares — to report changes in their ownership within two business days of a transaction. These disclosures are filed as Form 4. Open-market purchases (code P) are generally considered the most meaningful signal, as insiders are spending their own money.
| Insider | Title | Type | Shares | Price | Value | Owns After | Date |
|---|---|---|---|---|---|---|---|
| Miller Ann M | — | Option Exercise | 938 | — | — | 5,558 | Mar 31, 2024 |
| TSG7 A AIV VI Holdings-A, L.P. | — | Other | 5,664,343 | — | — | 20,062,840 | Mar 26, 2024 |
| Maxwell Brian | Chief Operating Officer | Sale | 36,026 | $35.12 | $1,265,233 | 1,003,620 | Mar 21, 2024 |
| Boersma Travis | Executive Chairman of Board | Sale | 49,218 | $36.04 | $1,773,817 | 1,051,178 | Mar 21, 2024 |
| DM Trust Aggregator, LLC | — | Sale | 49,218 | $36.04 | $1,773,817 | 1,051,178 | Mar 21, 2024 |
| DM Individual Aggregator, LLC | — | Sale | 48,799 | $36.04 | $1,758,716 | 672,439 | Mar 21, 2024 |
| Maxwell Brian | Chief Operating Officer | Sale | 1,474 | $35.00 | $51,590 | 1,039,646 | Mar 14, 2024 |
| Boersma Travis | Executive Chairman of Board | Sale | 102,292 | $34.28 | $3,506,570 | 721,238 | Mar 13, 2024 |
| DM Individual Aggregator, LLC | — | Sale | 102,292 | $34.28 | $3,506,570 | 721,238 | Mar 13, 2024 |
| DM Trust Aggregator, LLC | — | Sale | 194,311 | $34.33 | $6,670,697 | 1,100,396 | Mar 13, 2024 |
| DM Individual Aggregator, LLC | — | Sale | 68,327 | $32.45 | $2,217,211 | 877,421 | Mar 12, 2024 |
| Boersma Travis | Executive Chairman of Board | Sale | 54,035 | $34.08 | $1,841,513 | 1,294,707 | Mar 12, 2024 |
| Maxwell Brian | Chief Operating Officer | Sale | 37,500 | $33.02 | $1,238,250 | 1,041,120 | Mar 12, 2024 |
| DM Trust Aggregator, LLC | — | Sale | 59,506 | $33.07 | $1,967,863 | 1,348,742 | Mar 11, 2024 |
| Jemley Charles | Chief Financial Officer | Gift | 169,603 | — | — | 1,070,032 | Mar 8, 2024 |
| Boersma Travis | Executive Chairman of Board | Sale | 148,916 | $30.36 | $4,521,090 | 1,033,604 | Mar 4, 2024 |
| DM Trust Aggregator, LLC | — | Sale | 240,490 | $30.28 | $7,282,037 | 1,597,088 | Mar 4, 2024 |
| DM Individual Aggregator, LLC | — | Sale | 148,916 | $30.36 | $4,521,090 | 1,033,604 | Mar 4, 2024 |
| TSG7 A AIV VI, L.P. | — | Other | 5,663,647 | — | — | 26,038,152 | Mar 1, 2024 |
| DM Trust Aggregator, LLC | — | Sale | 59,362 | $29.01 | $1,722,092 | 1,845,434 | Feb 26, 2024 |
| DM Individual Aggregator, LLC | — | Sale | 7,267 | $30.01 | $218,083 | 1,182,520 | Feb 26, 2024 |
| Boersma Travis | Executive Chairman of Board | Sale | 7,856 | $30.01 | $235,759 | 1,837,578 | Feb 26, 2024 |
| Boersma Travis | Executive Chairman of Board | Sale | 88,622 | $28.31 | $2,508,889 | 1,278,542 | Feb 23, 2024 |
| DM Individual Aggregator, LLC | — | Sale | 88,755 | $28.31 | $2,512,654 | 1,189,787 | Feb 23, 2024 |
| DM Trust Aggregator, LLC | — | Sale | 121,292 | $28.39 | $3,443,480 | 1,964,464 | Feb 23, 2024 |
| DM Individual Aggregator, LLC | — | C | 233,333 | — | — | 1,581,186 | Jan 24, 2024 |
| DM Trust Aggregator, LLC | — | C | 324,577 | — | — | 36,458,141 | Jan 24, 2024 |
| Boersma Travis | Executive Chairman of Board | C | 324,577 | — | — | 2,514,241 | Jan 24, 2024 |
| Miller Ann M | — | Option Exercise | 938 | — | — | 4,620 | Dec 31, 2023 |
| Jack Blythe | — | Option Exercise | 938 | — | — | 3,263 | Dec 31, 2023 |
| Gillett Stephen | — | Option Exercise | 938 | — | — | 11,803 | Dec 31, 2023 |
| George Kathryn | — | Option Exercise | 938 | — | — | 7,417 | Dec 31, 2023 |
| Davis Thomas James | — | Option Exercise | 938 | — | — | 7,417 | Dec 31, 2023 |
| DM Trust Aggregator, LLC | — | Sale | 20,424 | $32.04 | $654,385 | 2,189,664 | Dec 29, 2023 |
| Boersma Travis | Executive Chairman of Board | Sale | 20,552 | $32.04 | $658,486 | 1,347,853 | Dec 29, 2023 |
| DM Individual Aggregator, LLC | — | Sale | 20,552 | $32.04 | $658,486 | 1,347,853 | Dec 29, 2023 |
| Boersma Travis | Executive Chairman of Board | Sale | 54,098 | $32.10 | $1,736,546 | 1,368,405 | Dec 28, 2023 |
| DM Individual Aggregator, LLC | — | Sale | 54,098 | $32.10 | $1,736,546 | 1,368,405 | Dec 28, 2023 |
| DM Trust Aggregator, LLC | — | Sale | 54,064 | $32.10 | $1,735,454 | 2,210,088 | Dec 28, 2023 |
| Maxwell Brian | Chief Operating Officer | Sale | 33,900 | $32.08 | $1,087,512 | 1,078,620 | Dec 28, 2023 |
| Boersma Travis | Executive Chairman of Board | Sale | 1,743 | $32.00 | $55,776 | 2,264,152 | Dec 27, 2023 |
| DM Trust Aggregator, LLC | — | Sale | 1,743 | $32.00 | $55,776 | 2,264,152 | Dec 27, 2023 |
| DM Individual Aggregator, LLC | — | Sale | 2,500 | $32.00 | $80,000 | 1,422,503 | Dec 27, 2023 |
| Maxwell Brian | Chief Operating Officer | Sale | 3,600 | $32.00 | $115,200 | 1,112,520 | Dec 27, 2023 |
| TSG7 A AIV VI Holdings-A, L.P. | — | Sale | 74,307 | $29.34 | $2,180,167 | — | Dec 18, 2023 |
| Maxwell Brian | Chief Operating Officer | Sale | 25,000 | $30.28 | $757,000 | 1,116,120 | Dec 14, 2023 |
| DM Trust Aggregator, LLC | — | Sale | 248,346 | $30.46 | $7,564,619 | 2,265,895 | Dec 14, 2023 |
| Boersma Travis | Executive Chairman of Board | Sale | 248,346 | $30.46 | $7,564,619 | 2,265,895 | Dec 14, 2023 |
| DM Individual Aggregator, LLC | — | Sale | 156,183 | $30.38 | $4,744,840 | 1,425,003 | Dec 14, 2023 |
| Jemley Charles | Chief Financial Officer | Sale | 97,000 | $28.80 | $2,793,600 | 900,429 | Nov 22, 2023 |