SCHEDULE 13G/A: Dutch Bros Co-Founder Travis Boersma Updates Significant Stake in Company
Ownership Disclosure
Travis Boersma, co-founder of Dutch Bros Inc., has filed an amended Schedule 13G, disclosing a beneficial ownership of 31.5% of the company's Class A Common Stock as of March 31, 2025.
Summary
- Travis Boersma, co-founder of Dutch Bros Inc., reported beneficial ownership of 55,726,099 shares of Class A Common Stock, representing 31.5% of the class.
- This ownership includes shares held directly and indirectly through DMI Holdco, LLC, DM Trust Aggregator, LLC, and DM Individual Aggregator, LLC, over which Mr. Boersma is deemed to have sole voting and dispositive power.
- DMI Holdco, LLC separately reported beneficial ownership of 713,760 shares, representing 0.6% of the Class A Common Stock.
- DM Trust Aggregator, LLC separately reported beneficial ownership of 33,772,869 shares, representing 21.5% of the Class A Common Stock.
- DM Individual Aggregator, LLC separately reported beneficial ownership of 21,239,470 shares, representing 14.6% of the Class A Common Stock.
- The reported percentages are calculated based on 126,924,124 shares of Class A Common Stock outstanding as of May 1, 2025, assuming the conversion of all Paired Units and Decoupled Units into Class A Common Stock.
- The filing is an Amendment No. 4 to a Schedule 13G, updating previous ownership disclosures.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
NA
Industry Context
This filing is a standard regulatory disclosure of significant ownership and does not provide information on broader industry trends or competitive positioning within the coffee and beverage sector.
Related Party Transactions
- Travis Boersma is deemed to have the power to direct the disposition and vote of shares held by DMI Holdco, LLC, DM Trust Aggregator, LLC, and DM Individual Aggregator, LLC. However, he disclaims beneficial ownership of the securities held by these entities except to the extent of his pecuniary interest in such securities.
Stakeholder Impact
- Shareholders: Provides transparency regarding the significant ownership stake held by a co-founder and affiliated entities, which can influence perceptions of control and long-term strategic direction.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of Share Surrender Agreement, where Class B Common Stock was transferred and surrendered for no consideration, leading to 'Decoupled Units'. |
| 02/07/2025 | Date of the Fifth Amended and Restated Limited Liability Company Agreement of Dutch Mafia, governing the conversion of Class A Common Units. |
| 03/31/2025 | Date of event which required the filing of this statement. |
| 05/01/2025 | Date as of which 126,924,124 shares of Class A Common Stock were outstanding for percentage calculation purposes. |
| 05/13/2025 | Signature date of the Schedule 13G/A filing. |
Keywords
Dutch Bros Inc., Travis Boersma, Schedule 13G, Beneficial Ownership, Class A Common Stock, Shareholder Disclosure, SEC Filing, Ownership Stake, DBRG
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.