DM Individual Aggregator, LLC, a 10% owner of Dutch Bros Inc., filed a Form 4 on October 30, 2026, reporting the sale of 20,008 shares of Class A Common Stock under a Rule 10b5-1 trading plan.

Key Highlights

  • Shares sold: 20,008 shares of Dutch Bros Inc. Class A Common Stock were disposed of on October 30, 2026.
  • Weighted average price: The weighted average sale price was $44.0884 per share, with individual transactions ranging from $44.0000 to $44.5500 inclusive.
  • Remaining holdings: Following the transaction, DM Individual Aggregator, LLC beneficially owned 2,198,060 shares directly.
  • 10b5-1 plan: The sale was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by DM Individual Aggregator, LLC on February 19, 2026.
  • Reporting person relationship: DM Individual Aggregator, LLC is identified in the filing as a 10% owner of Dutch Bros Inc.
  • Signatory: The form was signed by Thomas P. Conaghan as Attorney-in-Fact for Travis Boersma, Manager.

DM Individual Aggregator LLC Reports Scheduled Class A Share Sale at Dutch Bros

According to the Form 4 filed with the SEC on October 30, 2026, DM Individual Aggregator, LLC sold 20,008 shares of Dutch Bros Inc. (NYSE:BROS) Class A Common Stock. The transaction was coded "S" (sale) and the shares were disposed of directly, meaning the ownership form is listed as direct in the filing.

The filing discloses that the weighted average sale price was $44.0884 per share. Because the shares were sold in multiple transactions, the actual prices ranged from $44.0000 to $44.5500 inclusive. The reporting person stated in the filing that it "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."

The sale was made automatically under a Rule 10b5-1 trading plan, which the filing states was adopted by DM Individual Aggregator, LLC on February 19, 2026. After the reported transaction, the entity's direct beneficial ownership in Dutch Bros Class A Common Stock stands at 2,198,060 shares, according to the filing. No derivative securities transactions were reported. The form was signed by Thomas P. Conaghan as Attorney-in-Fact for Travis Boersma, identified as Manager.

What Was Disclosed

DM Individual Aggregator, LLC, a 10% owner of Dutch Bros Inc., reported the October 30, 2026 sale of 20,008 Class A Common Stock shares at a weighted average price of $44.0884, executed under a pre-established Rule 10b5-1 plan, leaving 2,198,060 shares beneficially owned directly.