Form 4: Dutch Bros Inc. Executive Chairman Reports Changes in Beneficial Ownership

Travis Boersma, Executive Chairman of Dutch Bros Inc., reports transactions involving Class A Common Stock and Units, indicating changes in beneficial ownership.

Summary

• Travis Boersma, the Executive Chairman of Dutch Bros Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
• The reported transactions involve the acquisition of Class A Common Stock and Class A Common Units through the conversion of existing units.
• These transactions were executed on April 28, 2025.
• Boersma's ownership is primarily indirect, held through DM Trust Aggregator, LLC, DM Individual Aggregator, LLC, and DMI Holdco LLC.
• Following the reported transactions, Boersma indirectly owns 4,619,968 shares of Class A Common Stock through DM Trust Aggregator, LLC, 2,905,459 shares through DM Individual Aggregator, LLC, and 713,760 shares through DMI Holdco LLC.
• He also indirectly owns 29,152,901 Class A Common Units through DM Trust Aggregator, LLC and 18,334,011 Class A Common Units through DM Individual Aggregator, LLC.
• The Class A Common Units are exchangeable for Class A Common Stock on a one-for-one basis at the holder's discretion.

Sentiment

Score: 5

Explanation: This is a neutral report on changes in ownership, with no inherent positive or negative implications.

Industry Context

Form 4 filings are standard practice for company insiders to report changes in their ownership, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership structure of the company.
• The transactions themselves are unlikely to have a significant impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

beneficial ownership, Form 4, Dutch Bros Inc., BROS, Travis Boersma, Class A Common Stock, Class A Common Units, DM Trust Aggregator, LLC, DM Individual Aggregator, LLC, DMI Holdco LLC, Dutch Mafia, LLC