Form 4: DM Trust Aggregator, LLC Sells 1,800 Shares of Dutch Bros Inc. (BROS)
SEC Form 4
DM Trust Aggregator, LLC, a 10% owner of Dutch Bros Inc., sold 1,800 shares of Class A Common Stock at $32 per share on September 5, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On September 5, 2024, DM Trust Aggregator, LLC, a 10% owner of Dutch Bros Inc. (BROS), sold 1,800 shares of Class A Common Stock.
- The sale was executed at a price of $32 per share.
- Following the transaction, DM Trust Aggregator, LLC beneficially owns 712,819 shares of Dutch Bros Inc.
- The transaction was conducted automatically under a Rule 10b5-1 trading plan adopted on August 15, 2023.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to an insider stock sale under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity. Rule 10b5-1 plans are commonly used to allow insiders to sell shares without being accused of trading on non-public information.
Key Dates
| Date | Description |
|---|---|
| August 15, 2023 | Date DM Trust Aggregator, LLC adopted the Rule 10b5-1 trading plan |
| September 05, 2024 | Date of the transaction (sale of shares) |
| September 09, 2024 | Date of signature on the Form 4 filing |
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