Dm Trust Aggregator, LLC Sells $69.4M of Dutch Bros Inc (BROS) — SEC Form 4, Nov 05, 2026

Open-Market Net Sale · SEC Form 4
−$69,376,523
10b5-1 Plan

Equity position changed by -37.8%

Reporting Owner
Dm Trust Aggregator, LLC
10%+
TXN 2026-11-04 · FILED 2026-11-05
Equity Position 2.56M sh 4,116,182 → 2,558,850
Equity Change -37.8% shares held after vs before
Filing Lag 1 business day within 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership

Dutch Bros Inc

BROS CIK 0001866581
All Dutch Bros Inc insider activity
Filing Date
2026-11-05
Report Date
2026-11-05
Accession No.
0001866581-26-000184
Accepted At
2026-11-05 01:19 UTC
Reporting Owner
Name Relationship
Dm Trust Aggregator, LLC CIK 0001883105
10% Owner
Dm Trust Aggregator, LLC at Dutch Bros Inc Full insider history
Bought (12 mo) —
Sold (12 mo) $287,288,419
More from this insider at Dutch Bros Inc
2026-10-30 Sell -$1,651,992 View
2026-10-30 Sell -$11,711,076 View
2026-10-22 Sell -$4,179,792 View
2026-06-12 Sell -$60,344,462 View
2026-06-02 Sell -$28,488,108 View
All filings by this insider at Dutch Bros Inc
Non-Derivative Securities Transactions
Title Date Type Shares Price Net Total Post-Txn Ownership
Class A Common StockF1F2 2026-11-02 S - Sale 10b5-1 622,101 D $44.55 -$27,711,613 3,494,081 Direct
Class A Common StockF1F3 2026-11-02 S - Sale 10b5-1 5,591 D $45.01 -$251,630 3,488,490 Direct
Class A Common StockF1F4 2026-11-03 S - Sale 10b5-1 256,708 D $44.06 -$11,311,581 3,231,782 Direct
Class A Common StockF1F5 2026-11-04 S - Sale 10b5-1 499,041 D $44.59 -$22,251,789 2,732,741 Direct
Class A Common StockF1F6 2026-11-04 S - Sale 10b5-1 173,891 D $45.14 -$7,849,909 2,558,850 Direct
Footnotes (6)
F1
As indicated by the checkbox above, this transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by DM Trust Aggregator, LLC on February 19, 2026. Show more
F2
Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $44.0000 to $44.9900 inclusive. The reporting person 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. Show more
F3
Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $45.0000 to $45.0300 inclusive. The reporting person 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. Show more
F4
Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $44.0000 to $44.5000 inclusive. The reporting person 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. Show more
F5
Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $44.0000 to $44.9950 inclusive. The reporting person 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. Show more
F6
Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $45.0000 to $45.4500 inclusive. The reporting person 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. Show more

Related filings at Dutch Bros Inc

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13F holders · Jun 30, 2026 563 institutional managers reporting a position
Largest by reported value
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  2. Black Rock, Inc. $1.05B
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5%+ Holders · 13D/G 6 filers

Latest Schedule 13D/G per filer; stakes the filer reported closed are left out.

Other insiders at Dutch Bros Inc
All Dutch Bros Inc insider activity
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