Form 4: Dutch Bros Inc. Director C. David Cone Reports Stock Transactions

Director C. David Cone reports acquisition and disposal of Dutch Bros Inc. Class A Common Stock and Restricted Stock Units.

Summary

• On September 30, 2024, C. David Cone, a director of Dutch Bros Inc., reported transactions involving the company's Class A Common Stock and Restricted Stock Units.
• Cone acquired 762 shares of Class A Common Stock at a price of $0.
• Following the transaction, Cone directly owns 2,374 shares of Class A Common Stock.
• Cone also acquired 762 Restricted Stock Units, each representing a contingent right to receive one share of the Issuer's Class A Common Stock.
• Following the transaction, Cone directly owns 2,287 Restricted Stock Units.
• 25% of the restricted stock units will vest on each of September 30, 2024, December 31, 2024, March 31, 2025 and the remaining 25% will vest on the earlier of (i) June 30, 2025, and (ii) the date of the Issuer's 2025 annual stockholder meeting.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's prospects.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the actions of a company director.

Key Dates