DM Trust Aggregator, LLC filed a Form 4 with the SEC on October 30, 2026, disclosing the sale of 266,000 shares of Dutch Bros Inc. Class A Common Stock on October 29, 2026, pursuant to a Rule 10b5-1 trading plan.

Key Highlights

  • Shares sold: DM Trust Aggregator, LLC disposed of 266,000 shares of Class A Common Stock on October 29, 2026.
  • Weighted average price: The shares were sold at a weighted average price of $44.0266, with individual transactions ranging from $44.0000 to $44.2500 inclusive.
  • Post-transaction holdings: Following the sale, DM Trust Aggregator, LLC directly holds 4,153,652 shares of Class A Common Stock.
  • 10b5-1 plan: The transaction was executed automatically under a Rule 10b5-1 trading plan adopted by DM Trust Aggregator, LLC on February 19, 2026.
  • Reporting person relationship: DM Trust Aggregator, LLC is identified as a 10% owner of Dutch Bros Inc.

DM Trust Aggregator's October 2026 Class A Share Disposition at Dutch Bros

According to the filing, DM Trust Aggregator, LLC, a 10% owner of Dutch Bros Inc. (NYSE:BROS), sold 266,000 shares of the company's Class A Common Stock on October 29, 2026. The transaction code recorded is "S," indicating a sale. The shares were disposed of directly, and the filing discloses a weighted average sale price of $44.0266 per share.

The filing notes that the sale was carried out in multiple transactions at prices ranging from $44.0000 to $44.2500 inclusive. DM Trust Aggregator, LLC stated 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." Following this transaction, the reporting person directly holds 4,153,652 shares of Class A Common Stock.

The filing indicates that the transaction was "effected automatically pursuant to a Rule 10b5-1 trading plan adopted by DM Trust Aggregator, LLC on February 19, 2026." The Form 4 was signed by Thomas P. Conaghan as Attorney-in-Fact for Travis Boersma, Manager, and was dated October 30, 2026. No derivative securities transactions were reported in the filing.

What Was Disclosed

DM Trust Aggregator, LLC, a 10% owner of Dutch Bros Inc., reported the sale of 266,000 Class A Common Stock shares on October 29, 2026, at a weighted average price of $44.0266, under a pre-established Rule 10b5-1 plan, leaving the entity with 4,153,652 shares.