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

• On March 31, 2025, Stephen Gillett, a director of Dutch Bros Inc., reported a transaction involving Class A Common Stock.
• Gillett acquired 762 shares of Class A Common Stock through the vesting of restricted stock units.
• Following the transaction, Gillett directly owns 15,965 shares of Class A Common Stock.
• The reported transaction involved restricted stock units, each representing a contingent right to receive one share of Dutch Bros Inc.'s Class A Common Stock.
• The restricted stock units vest in four tranches: September 30, 2024, December 31, 2024, March 31, 2025, and the remaining on the earlier of June 30, 2025, and the date of the Issuer's 2025 annual stockholder meeting.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a routine transaction related to stock-based compensation.

Positives

• The vesting of restricted stock units indicates that the director is meeting the conditions set by the company.

Industry Context

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

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine vesting of stock units.

Key Dates

Keywords

Dutch Bros Inc., Stephen Gillett, Class A Common Stock, Beneficial Ownership, Restricted Stock Units, Form 4, Director