Massivemarkets

SEC Form 4

Dutch Bros Inc. (BROS) insider trading

In the 12 months to Oct 24, 2026, 4 BROS insiders reported open-market sales of $646.0M across 16 filings; one director bought $205.5K.

Latest filing · Last 12 months · Source: SEC EDGAR · How we count

Open-market sales
$646.0M
16 filings · 4 insiders
Open-market purchases
$205.5K
2 filings · Todd Allan Penegor, Director
Pre-arranged sales (10b5-1)
16 of 16
All $646.0M sold was pre-arranged

Who traded BROS, and when

  • Purchase
  • Sale
  • Sale, pre-arranged (10b5-1)

BROS daily close from Oct 24, 2025 to Oct 23, 2026, between $37.28 and $73.31, last $41.49. 16 sale and 2 purchase filings by 5 insiders, marked at their filing dates. Travis Boersma, Executive Chairman of Board: sold $321.7M across 5 filings, first filed Nov 26, 2025, last Oct 22, 2026. DM Trust Aggregator, LLC, 10% owner: sold $204.5M across 5 filings, first filed Nov 26, 2025, last Oct 22, 2026. DM Individual Aggregator, LLC, 10% owner: sold $117.2M across 5 filings, first filed Nov 26, 2025, last Oct 22, 2026. Christine Barone, CEO and President: sold $2.5M across 1 filing, first filed Jun 11, 2026, last Jun 11, 2026. Todd Allan Penegor, Director: bought $205.5K across 2 filings, first filed May 15, 2026, last Aug 14, 2026.

Largest mark · tap a row for others

Travis Boersma · Executive Chairman of Board

Sale $136,924,542

2,500,000 shares at $54.77 avg

Filed Nov 26, 2025 · traded Nov 24

Pre-arranged (10b5-1) · close on filing date $58.28

BROS daily closelast $41.49

Travis Boersma · Executive Chairman of Board

$321.7M sold

DM Trust Aggregator, LLC · 10% owner

$204.5M sold

DM Individual Aggregator, LLC · 10% owner

$117.2M sold

Christine Barone · CEO and President

$2.5M sold

Todd Allan Penegor · Director

$205.5K bought
One row per insider; marks sit at the SEC filing date, sized by dollar value.

Has Dutch Bros Inc.'s CEO sold stock?

Yes. Christine Barone (CEO) sold 42,031 shares ($2.5M) in Jun 2026, all under a pre-arranged 10b5-1 plan.

Open-market trades

18 filings in the last 12 months
InsiderRoleSoldBoughtFilingsPre-arranged (10b5-1)Last filed
Travis BoersmaExecutive Chairman of Board$321.7M—5100% of sales
DM Trust Aggregator, LLC10% owner$204.5M—5100% of sales
DM Individual Aggregator, LLC10% owner$117.2M—5100% of sales
Christine BaroneCEO and President$2.5M—1100% of sales
Todd Allan PenegorDirector—$205.5K2—
Other insider activity (not market trades) · 74 records
  • Option exercises48 records
  • Tax withholding17 records
  • Other9 records

Reported on Form 4 but not purchases or sales in the market, so not counted in the totals above.

Build this yourself

This page joins two Massive endpoints: Form 4 filings and daily prices. Ask an agent to watch for new filings:

Agent prompt

Using the Massive API (massive.com/docs/llms.txt), check Form 4 filings for BROS every day with transaction_code=P and tell me when an insider files an open-market purchase, with their role, shares, price and the filing link.

How to read this page

Open-market purchase or sale
A buy or sell of the company's stock at market price. Grants, option exercises, shares withheld for tax, gifts and employee stock plan purchases are listed separately and not counted.
Pre-arranged (10b5-1)
The insider marked the filing as made under a trading plan set up in advance (SEC Rule 10b5-1). The mark covers the whole filing, and an unmarked filing may still be under a plan.
Filing date
Insiders have two business days to report a trade. Totals and the chart use the filing date, when the trade became public.