DM Trust Aggregator, LLC filed a Form 4 with the SEC on October 30, 2026, disclosing the sale of 37,470 shares of Dutch Bros Inc. Class A Common Stock under a Rule 10b5-1 trading plan.

Key Highlights

  • Shares sold: 37,470 shares of Class A Common Stock were disposed of on October 30, 2026.
  • Weighted average price: Shares were sold at a weighted average price of $44.0884, with individual transaction prices ranging from $44.0000 to $44.5500.
  • Remaining holdings: Following the transaction, DM Trust Aggregator, LLC directly holds 4,116,182 shares of Class A Common Stock.
  • 10b5-1 plan: The sale was executed automatically pursuant to a Rule 10b5-1 trading plan adopted by DM Trust Aggregator, LLC on February 19, 2026.
  • Reporting person status: DM Trust Aggregator, LLC is identified as a 10% owner of Dutch Bros Inc. (NYSE:BROS).

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

According to the Form 4 filing, DM Trust Aggregator, LLC sold 37,470 shares of Dutch Bros Inc. Class A Common Stock on October 30, 2026. The transaction was coded "S" (a sale) and is listed as a direct disposal. The filing states that the weighted average sale price was $44.0884, and that the shares were sold in multiple transactions at prices ranging from $44.0000 to $44.5500 inclusive. The reporting person has undertaken to provide full details on the number of shares sold at each separate price within that range upon request by the issuer, any security holder, or SEC staff.

The filing notes that the sale was effected automatically pursuant to a Rule 10b5-1 trading plan that DM Trust Aggregator, LLC adopted on February 19, 2026. Following the reported transaction, the entity's direct beneficial ownership of Dutch Bros Inc. Class A Common Stock stands at 4,116,182 shares, according to the filing. The Form 4 was signed by Thomas P. Conaghan as Attorney-in-Fact for Travis Boersma, Manager, and dated October 30, 2026. No derivative securities transactions were reported in this filing.

What Was Disclosed

DM Trust Aggregator, LLC, a 10% owner of Dutch Bros Inc. (NYSE:BROS), disclosed a sale of 37,470 Class A Common Stock shares on October 30, 2026, at a weighted average price of $44.0884, under a pre-established Rule 10b5-1 plan, leaving the entity with 4,116,182 shares directly held.