DM Trust Aggregator, LLC filed a Form 144 notice of proposed sale of 37,470 shares of Dutch Bros, Inc. common stock on October 30, 2026, disclosing an approximate aggregate market value of $1,647,930.60.

Key Highlights

  • Proposed sale: 37,470 shares of Dutch Bros, Inc. common stock with an approximate aggregate market value of $1,647,930.60, according to the filing.
  • Seller: DM Trust Aggregator, LLC, identified in the filing as a 10% stockholder of the issuer.
  • Original acquisition: The shares were acquired on September 27, 2018 as Founders Shares from the issuer.
  • Approximate sale date: October 30, 2026, through Morgan Stanley Smith Barney LLC Executive Financial Services on the NYSE.
  • 10b5-1 plan: The filing indicates reliance on a Rule 10b5-1 plan adopted on February 19, 2026.
  • Shares outstanding: 137,940,798 shares of common stock were listed as outstanding at the time of the filing.
  • Signed by: Travis Mason Boersma, per the filing's signature line.

DM Trust Aggregator's Proposed Dutch Bros Share Sale Under Rule 144

According to the Form 144 filing submitted to the U.S. Securities and Exchange Commission, DM Trust Aggregator, LLC, a 10% stockholder of Dutch Bros, Inc. (NYSE:BROS), proposes to sell 37,470 shares of the company's common stock. The filing lists the approximate aggregate market value of those shares as $1,647,930.60, with the approximate date of sale noted as October 30, 2026. The designated broker for the transaction is Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

The filing discloses that the shares proposed for sale were originally acquired on September 27, 2018 as Founders Shares from the issuer, with no cash payment noted at the time of acquisition. The filer reported that the 10b5-1 plan on which the sale relies was adopted on February 19, 2026. The filing was signed by Travis Mason Boersma.

The filing also discloses sales made during the prior three months. DM Trust Aggregator, LLC sold 266,000 shares on October 29, 2026, generating gross proceeds of $11,711,075.60, and 94,978 shares on October 20, 2026, generating gross proceeds of $4,179,791.82, both under 10b5-1 plans. An affiliated entity, DM Individual Aggregator, LLC, sold 142,023 shares on October 29, 2026, generating gross proceeds of $6,252,789.81, and 50,709 shares on October 20, 2026, generating gross proceeds of $2,231,601.67, also under 10b5-1 plans. All sales listed were of Dutch Bros common stock.

What Was Disclosed

DM Trust Aggregator, LLC filed a Form 144 notice proposing the sale of 37,470 Dutch Bros common shares with an approximate market value of $1,647,930.60, under a Rule 10b5-1 plan adopted February 19, 2026, through Morgan Stanley Smith Barney LLC on the NYSE.