Form 4: Stephen Gillett Reports Changes in Beneficial Ownership of Dutch Bros Inc. Stock

Director Stephen Gillett reports the vesting of restricted stock units in Dutch Bros Inc. Class A Common Stock.

Summary

• Stephen Gillett, a director of Dutch Bros Inc., filed a Form 4 to report changes in beneficial ownership of the company's stock.
• On September 30, 2024, Gillett acquired 762 shares of Class A Common Stock through the vesting of restricted stock units.
• The price per share for the transaction is $0.
• Following the transaction, Gillett directly owns 14,441 shares of Class A Common Stock and 2,287 restricted stock units.
• The restricted stock units vest in installments, with 25% vesting on September 30, 2024, December 31, 2024, March 31, 2025, and the remaining 25% vesting on the earlier of June 30, 2025, or the date of the Issuer's 2025 annual stockholder meeting.

Sentiment

Score: 6

Explanation: The document is a standard regulatory filing, indicating routine transactions. Sentiment is neutral.

Positives

• The vesting of restricted stock units suggests continued alignment of the director's interests with those of the shareholders.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Key Dates