Form 4: Dutch Bros Inc. Director C. David Cone Reports Stock Transactions
SEC Form 4 Filing
Director C. David Cone of Dutch Bros Inc. reports the vesting and acquisition of restricted stock units.
Summary
- On May 13, 2025, C. David Cone, a director of Dutch Bros Inc., reported transactions involving Class A Common Stock.
- Cone acquired 763 shares of Class A Common Stock upon the vesting of restricted stock units at a price of $0.
- These shares were then disposed of.
- Cone also acquired 1,779 restricted stock units, each representing a contingent right to receive one share of the Issuer's Class A Common Stock.
- These restricted stock units will vest in installments.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The reporting person will receive additional shares as the remaining restricted stock units vest over time.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| September 30, 2024 | 25% of the restricted stock units vested. |
| December 31, 2024 | 25% of the restricted stock units vested. |
| March 31, 2025 | 25% of the restricted stock units vested. |
| May 13, 2025 | Date of transaction and Issuer's 2025 annual stockholder meeting; 25% of the restricted stock units vested. |
| May 13, 2025 | Date of transaction. |
| May 14, 2025 | Date of signature. |
| August 20, 2025 | 25% of the restricted stock units will vest. |
| November 20, 2025 | 25% of the restricted stock units will vest. |
| February 20, 2026 | 25% of the restricted stock units will vest. |
| May 20, 2026 | Remaining 25% of the restricted stock units will vest. |
Keywords
Dutch Bros Inc., BROS, C. David Cone, Director, Form 4, Restricted Stock Units, Class A Common Stock, Beneficial Ownership, SEC Filing
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