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SEC EDGAR · Forms 3/4/5Updated through Oct 30, 2026•82 filings

BROS

Dutch Bros Inc.

Net sales of $12.7M over the last 3 months

3 sellers account for the net balance. There is no cluster of three distinct buyers within 30 days. We found no CEO/CFO purchases over 12 months.

How to read this signal

Only open-market P purchases and S sales count toward the signal. Vesting, options, taxes and gifts remain in the source data but do not trigger alerts. Rule 10b5-1 trades are shown as informational.

JSON example

3-month balance

−$12,719,667

1 buyers · 3 sellers

12-month purchases

$205,470

1 distinct insiders

12-month sales

$646,005,756

4 distinct insiders

Highlighted alerts

2

98 Rule 10b5-1 trades treated as informational

Buying cluster · 30 days

Fewer than three distinct buyers

CEO/CFO purchases · 12 months

No executive purchases found

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Form 4 raw → Raspberry

The value is in what we do not call a signal.

The SEC XML stores every transaction. Raspberry keeps that evidence, reads the footnotes and separates voluntary open-market activity from vesting, option exercises, gifts, tax withholding, stock purchase and dividend reinvestment plans and pre-programmed 10b5-1 trades.

100
Raw transactions
Everything returned by the filing
100
Voluntary view
P/S trades after deterministic checks
43
Administrative noise
Stored, never alerted
41
10b5-1
Shown as informational
SEC ownership XML facts
Code
M
Shares
775
Price
$0.00
Footnotes
2

Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. The reporting person received an award of restricted stock units, 25% of which will vest on each of August 20, 2026, November 20, 2026, February 20, 2027, and the remaining 25% will vest on the earlier of (i) May 20, 2027, and (ii) the date of the Issuer's 2027 annual stockholder meeting.

Raspberry interpretation
Informational — no alert

Reason: administrative_code.

Verify in SEC EDGAR

Recent transactions

Voluntary purchases and sales; administrative noise stays hidden.

100 transactions

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
50,709
Price
$44.01
Value
$2,231,602
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
94,978
Price
$44.01
Value
$4,179,792
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
50,709
Price
$44.01
Value
$2,231,602
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
94,978
Price
$44.01
Value
$4,179,792
Open SEC filing

Penegor Todd Allan

Director

PurchaseAlert
Shares
2,000
Price
$51.56
Value
$103,120
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
15,555
Price
$64.10
Value
$997,146
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
120,729
Price
$63.46
Value
$7,661,100
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
124,771
Price
$62.47
Value
$7,794,519
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
29,135
Price
$64.10
Value
$1,867,685
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
226,120
Price
$63.46
Value
$14,348,897
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
233,690
Price
$62.47
Value
$14,598,755
Open SEC filing

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
15,555
Price
$64.10
Value
$997,146
Open SEC filing

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
120,729
Price
$63.46
Value
$7,661,100
Open SEC filing

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
124,771
Price
$62.47
Value
$7,794,519
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
29,135
Price
$64.10
Value
$1,867,685
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
226,120
Price
$63.46
Value
$14,348,897
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
233,690
Price
$62.47
Value
$14,598,755
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
13,598
Price
$61.08
Value
$830,562
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
247,456
Price
$60.34
Value
$14,930,555
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
27,413
Price
$61.08
Value
$1,674,378
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
461,532
Price
$60.35
Value
$27,854,748
Open SEC filing

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
13,598
Price
$61.08
Value
$830,562
Open SEC filing

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
247,456
Price
$60.34
Value
$14,930,555
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
27,413
Price
$61.08
Value
$1,674,378
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
461,532
Price
$60.35
Value
$27,854,748
Open SEC filing

Barone Christine

CEO and President

Sale 10b5-1
Shares
42,031
Price
$60.13
Value
$2,527,492
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
155,692
Price
$58.26
Value
$9,070,554
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
291,607
Price
$58.26
Value
$16,988,907
Open SEC filing

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
155,692
Price
$58.26
Value
$9,070,554
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
291,607
Price
$58.26
Value
$16,988,907
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
105,362
Price
$58.27
Value
$6,139,612
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
197,338
Price
$58.27
Value
$11,499,201
Open SEC filing

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
105,362
Price
$58.27
Value
$6,139,612
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
197,338
Price
$58.27
Value
$11,499,201
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
71,399
Price
$56.16
Value
$4,009,518
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
133,728
Price
$56.16
Value
$7,509,696
Open SEC filing

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
71,399
Price
$56.16
Value
$4,009,518
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
133,728
Price
$56.16
Value
$7,509,696
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
189,655
Price
$56.21
Value
$10,660,545
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
355,217
Price
$56.21
Value
$19,966,819
Open SEC filing

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
189,655
Price
$56.21
Value
$10,660,545
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
355,217
Price
$56.21
Value
$19,966,819
Open SEC filing

Penegor Todd Allan

Director

PurchaseAlert
Shares
2,000
Price
$51.18
Value
$102,350
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
190,506
Price
$57.42
Value
$10,938,016
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
60,348
Price
$56.63
Value
$3,417,791
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
427,572
Price
$55.27
Value
$23,632,589
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
261,767
Price
$54.58
Value
$14,286,327
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
90,334
Price
$53.74
Value
$4,854,838
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
119,807
Price
$57.42
Value
$6,878,791
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
37,952
Price
$56.63
Value
$2,149,400
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
268,897
Price
$55.27
Value
$14,862,367
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
164,625
Price
$54.58
Value
$8,984,656
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
56,808
Price
$53.74
Value
$3,053,038
Open SEC filing

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
119,807
Price
$57.42
Value
$6,878,791
Open SEC filing

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
37,952
Price
$56.63
Value
$2,149,400
Open SEC filing

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
268,897
Price
$55.27
Value
$14,862,367
Open SEC filing

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
164,625
Price
$54.58
Value
$8,984,656
Open SEC filing

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
56,808
Price
$53.74
Value
$3,053,038
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
190,506
Price
$57.42
Value
$10,938,016
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
60,348
Price
$56.63
Value
$3,417,791
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
427,572
Price
$55.27
Value
$23,632,589
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
261,767
Price
$54.58
Value
$14,286,327
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
90,334
Price
$53.74
Value
$4,854,838
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
204,160
Price
$53.53
Value
$10,928,399
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
98,697
Price
$52.95
Value
$5,225,680
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
22,687
Price
$54.83
Value
$1,243,837
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
14,268
Price
$54.83
Value
$782,259
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
324,635
Price
$53.53
Value
$17,377,257
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
156,937
Price
$52.95
Value
$8,309,296
Open SEC filing

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
14,268
Price
$54.83
Value
$782,259
Open SEC filing

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
204,160
Price
$53.53
Value
$10,928,399
Open SEC filing

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
98,697
Price
$52.95
Value
$5,225,680
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
22,687
Price
$54.83
Value
$1,243,837
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
324,635
Price
$53.53
Value
$17,377,257
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
156,937
Price
$52.95
Value
$8,309,296
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
157,294
Price
$69.59
Value
$10,946,436
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
110,004
Price
$68.39
Value
$7,523,702
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
35,232
Price
$67.89
Value
$2,391,953
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
1,583
Price
$65.96
Value
$104,416
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
250,113
Price
$69.59
Value
$17,405,914
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
174,916
Price
$68.39
Value
$11,963,345
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
56,022
Price
$67.89
Value
$3,803,418
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
2,517
Price
$65.96
Value
$166,025
Open SEC filing

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
157,294
Price
$69.59
Value
$10,946,436
Open SEC filing

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
110,004
Price
$68.39
Value
$7,523,702
Open SEC filing

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
35,232
Price
$67.89
Value
$2,391,953
Open SEC filing

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
1,583
Price
$65.96
Value
$104,416
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
250,113
Price
$69.59
Value
$17,405,914
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
174,916
Price
$68.39
Value
$11,963,345
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
56,022
Price
$67.89
Value
$3,803,418
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
2,517
Price
$65.96
Value
$166,025
Open SEC filing

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
357,046
Price
$65.36
Value
$23,336,419
Open SEC filing

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
96,143
Price
$64.92
Value
$6,241,959
Open SEC filing

DM Individual Aggregator, LLC

10% owner

Sale 10b5-1
Shares
29,561
Price
$63.71
Value
$1,883,210
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
567,738
Price
$65.36
Value
$37,107,185
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
152,878
Price
$64.92
Value
$9,925,405
Open SEC filing

DM Trust Aggregator, LLC

10% owner

Sale 10b5-1
Shares
47,005
Price
$63.71
Value
$2,994,496
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
357,046
Price
$65.36
Value
$23,336,419
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
96,143
Price
$64.92
Value
$6,241,959
Open SEC filing

Boersma Travis

Executive Chairman of Board

Sale 10b5-1
Shares
29,561
Price
$63.71
Value
$1,883,210
Open SEC filing

“Alert” means a voluntary, unscheduled transaction according to the filing; it is not an investment recommendation. Official source: SEC EDGAR.