Form 4: Travis Boersma Reports Changes in Beneficial Ownership of Dutch Bros Inc. Stock

Travis Boersma, Executive Chairman of Dutch Bros Inc., reports changes in beneficial ownership of Class A Common Stock and Units through transactions involving DM Trust Aggregator, LLC, DM Individual Aggregator, LLC, and DMI Holdco LLC.

Summary

• On February 10, 2025, Travis Boersma reported changes in his beneficial ownership of Dutch Bros Inc. (BROS) stock.
• The transactions involved the exchange of Class A Common Units of Dutch Mafia, LLC for Class A Common Stock of Dutch Bros Inc.
• Boersma is the Executive Chairman of the Board and a 10% owner of Dutch Bros Inc.
• The reported transactions were conducted through DM Trust Aggregator, LLC, DM Individual Aggregator, LLC, and DMI Holdco LLC, where Boersma serves as the manager.
• Following the transactions, Boersma indirectly owns 5,080,404 shares of Class A Common Stock through DM Trust Aggregator, LLC and 3,195,023 shares through DM Individual Aggregator, LLC.
• He also indirectly owns 713,760 shares through DMI Holdco LLC.
• Boersma disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing. It simply reports transactions and doesn't inherently indicate positive or negative sentiment about the company's prospects.

Management Comments

• The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, if any, and the inclusion of the reported securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or any other purpose.

Industry Context

Form 4 filings are a standard part of insider trading regulations, providing transparency into the transactions of company insiders and their potential impact on the market.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• It helps stakeholders understand the ownership structure and potential alignment of interests between management and shareholders.

Key Dates

Keywords

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