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BROS · Dutch Bros Inc.
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BROS Dutch Bros (BROS) Insider Trading, Ownership & Congress Trades

Restaurants & Leisure · Retail-eating & drinking places · CIK 0001866581
Quote by TradingView
Form 144 · 2
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
291
13F, latest reported quarter
Conversions, 180 days
17
Codes C/M, not in net · $0 priced

What the filings say about BROS

Insiders, 180 days
-$372.0M net sold
1 buyer · 4 sellers · 10% of sales under a 10b5-1 plan
Planned sales (Form 144), 90 days
$6.2M
2 notices

Dutch Bros insider trades (Form 4)

Form 4 buys and sells (codes P and S). Grants, option exercises and conversions excluded.

Over the last 180 days, Dutch Bros Inc. insiders sold a net $372.0M of stock across 559 Form 4 purchases and sales, with 1 insider buying. Source: SEC Form 4 filings, as of 2026-10-27.

Insider
Filed
Shares
Value
Since filing
DM Trust Aggregator, LLC
SELL
2026-10-22 SECtraded 2026-10-20
94,978
$4.2M
+1.3%
Context
  • 110 earlier Form 4 trades (code P or S) here by this insider (110 sales), the last on Jun 11, 2026.
  • The trade is 2.1% of the 4,419,652 shares held after it.
  • 2 other insiders sold within 30 days.
  • 291 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Insider DM Trust Aggregator, LLC sold about $4.2M of BROS under a 10b5-1 plan on Oct 20, 2026; 2 other insiders sold within 30 days and 291 funds added in the latest 13F quarter.
Boersma Travis
Executive Chairman of Board
SELL
2026-10-22 SECtraded 2026-10-20
94,978
$4.2M
+1.3%
Context
  • 230 earlier Form 4 trades (code P or S) here by this insider (11 buys, 219 sales), the last on Jun 11, 2026.
  • -4.8% median (+2.3% mean) 90-day return after 10 previous buys.
  • The trade is 2.1% of the 4,419,652 shares held after it.
  • 2 other insiders sold within 30 days.
  • 291 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Executive Chairman of Board Boersma Travis sold about $4.2M of BROS under a 10b5-1 plan on Oct 20, 2026; 2 other insiders sold within 30 days and 291 funds added in the latest 13F quarter.
Boersma Travis
Executive Chairman of Board
SELL
2026-10-22 SECtraded 2026-10-20
50,709
$2.2M
+1.3%
Context
  • 230 earlier Form 4 trades (code P or S) here by this insider (11 buys, 219 sales), the last on Jun 11, 2026.
  • -4.8% median (+2.3% mean) 90-day return after 10 previous buys.
  • The trade is 2.1% of the 2,360,091 shares held after it.
  • 2 other insiders sold within 30 days.
  • 291 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Executive Chairman of Board Boersma Travis sold about $2.2M of BROS under a 10b5-1 plan on Oct 20, 2026; 2 other insiders sold within 30 days and 291 funds added in the latest 13F quarter.
DM Individual Aggregator, LLC
SELL
2026-10-22 SECtraded 2026-10-20
50,709
$2.2M
+1.3%
Context
  • 102 earlier Form 4 trades (code P or S) here by this insider (102 sales), the last on Jun 11, 2026.
  • The trade is 2.1% of the 2,360,091 shares held after it.
  • 2 other insiders sold within 30 days.
  • 291 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Insider DM Individual Aggregator, LLC sold about $2.2M of BROS under a 10b5-1 plan on Oct 20, 2026; 2 other insiders sold within 30 days and 291 funds added in the latest 13F quarter.
Penegor Todd Allan
Director
BUY
2026-08-14 SECtraded 2026-08-13
2,000
$103.1K
-16.7%
Context
  • 1 earlier Form 4 trade (code P or S) here by this insider (1 buy), the last on May 15, 2026.
  • The trade is 27.2% of the 7,358 shares held after it.
  • No other insider bought within 30 days.
  • 291 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Penegor Todd Allan bought about $103.1K of BROS on Aug 13, 2026, the largest insider purchase at the company on our record; 291 funds added in the latest 13F quarter.
559 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
See all insider buying · insider selling
Showing the latest few. to see 554 more transactions and use the screener and CSV export. We store only your email; there is no password.
Seven facts, ranked against the sector · Rank is not a forecast
Insiders
net -$372.0M over 180 days
-$12.7M over 90 days · -$369.6M of it by a 10%+ holder
below 99% of Restaurants & Leisure
Congress
no House purchase disclosed in the last 12 months
Funds
291 funds bought in last quarter
more than 86% of Restaurants & Leisure
Revenue
+27.9% year over year
more than 89% of Restaurants & Leisure
Margin
4.9% net margin
more than 62% of Restaurants & Leisure
Buybacks
no share repurchases reported
Short interest
16.0% of the float short (float per yahoo 2026-10-26) · 4.4 days to cover · settled 2026-09-30
What changed in the last 30 days
Oct 22Executive Chairman of Board Boersma Travis sold $6.4M under a 10b5-1 plan (Oct 20)
Why it matters
A 10b5-1 plan schedules trades months ahead, so this says little about what the insider thinks today.
Oct 22Insider DM Trust Aggregator, LLC sold $4.2M under a 10b5-1 plan (Oct 20)
Why it matters
A 10b5-1 plan schedules trades months ahead, so this says little about what the insider thinks today.
Oct 22Insider DM Individual Aggregator, LLC sold $2.2M under a 10b5-1 plan (Oct 20)
Why it matters
A 10b5-1 plan schedules trades months ahead, so this says little about what the insider thinks today.
Oct 2010% Stockholder DM TRUST AGGREGATOR, LLC filed to sell $4.1M by Oct 20 (Form 144)
Why it matters
A Form 144 is a notice of intent to sell; the sale may not happen, and it says nothing about the price.
Oct 2010% Stockholder DM INDIVIDUAL AGGREGATOR, LLC filed to sell $2.2M by Oct 20 (Form 144)
Why it matters
A Form 144 is a notice of intent to sell; the sale may not happen, and it says nothing about the price.

Watch BROS

A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.

The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
-26.4%12M
-35%-14%+7%+28%2025-102025-122026-022026-042026-062026-082026-10 2026-06-10 · Boersma Travis sold $27.9M2026-06-10 · DM Trust Aggregator, LLC sold $27.9M2025-11-25 · Boersma Travis sold $23.6M2025-11-25 · DM Trust Aggregator, LLC sold $23.6M2026-05-27 · Boersma Travis sold $20.0M2026-05-27 · DM Trust Aggregator, LLC sold $20.0M2025-11-24 · Boersma Travis sold $17.4M2025-11-24 · DM Trust Aggregator, LLC sold $17.4M2026-06-01 · Boersma Travis sold $17.0M2026-06-01 · DM Trust Aggregator, LLC sold $17.0M2026-06-10 · Boersma Travis sold $14.9M2026-06-10 · DM Individual Aggregator, LLC sold $14.9M2025-11-25 · Boersma Travis sold $14.9M2025-11-25 · DM Individual Aggregator, LLC sold $14.9M2026-06-11 · Boersma Travis sold $14.6M2026-06-11 · DM Trust Aggregator, LLC sold $14.6M2026-06-11 · Boersma Travis sold $14.3M2026-06-11 · DM Trust Aggregator, LLC sold $14.3M2025-11-25 · Boersma Travis sold $14.3M2025-11-25 · DM Trust Aggregator, LLC sold $14.3M2026-05-29 · Boersma Travis sold $11.5M2026-05-29 · DM Trust Aggregator, LLC sold $11.5M2025-11-25 · Boersma Travis sold $10.9M2025-11-25 · DM Trust Aggregator, LLC sold $10.9M2025-11-24 · Boersma Travis sold $10.9M2025-11-24 · DM Individual Aggregator, LLC sold $10.9M2026-05-27 · Boersma Travis sold $10.7M2026-05-27 · DM Individual Aggregator, LLC sold $10.7M2026-06-01 · Boersma Travis sold $9.1M2026-06-01 · DM Individual Aggregator, LLC sold $9.1M2025-11-25 · Boersma Travis sold $9.0M2025-11-25 · DM Individual Aggregator, LLC sold $9.0M2025-11-24 · Boersma Travis sold $8.3M2025-11-24 · DM Trust Aggregator, LLC sold $8.3M2026-06-11 · Boersma Travis sold $7.8M2026-06-11 · DM Individual Aggregator, LLC sold $7.8M2026-06-11 · Boersma Travis sold $7.7M2026-06-11 · DM Individual Aggregator, LLC sold $7.7M2026-05-28 · Boersma Travis sold $7.5M2026-05-28 · DM Trust Aggregator, LLC sold $7.5M2025-11-25 · Boersma Travis sold $6.9M2025-11-25 · DM Individual Aggregator, LLC sold $6.9M2026-10-20 · DM INDIVIDUAL AGGREGATOR, LLC filed to sell $2.2M2026-10-20 · DM TRUST AGGREGATOR, LLC filed to sell $4.1M
Insider sellForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart. When a name files heavily, the largest trades are drawn first.

Who owns BROS: institutional holders (13F)

13F holdings, latest reported quarter
FMR LLC
16,724,132 sh
$1.2B
BlackRock, Inc.
14,662,985 sh
$1.1B
VANGUARD CAPITAL MANAGEMENT LLC
6,066,585 sh
$435.6M
VANGUARD PORTFOLIO MANAGEMENT LLC
5,938,536 sh
$426.4M
STATE STREET CORP
3,851,321 sh
$276.6M

Congress trades in BROS

No Congress trades reported
No House member has disclosed a trade in this stock. See what Congress is buying.

Activist and 5% holders (13D/13G)

No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.

BROS planned insider sales (Form 144)

Notice of intent to sell, filed before any sale
DM INDIVIDUAL AGGREGATOR, LLC
Filed 2026-10-20
$2.2M
DM TRUST AGGREGATOR, LLC
Filed 2026-10-20
$4.1M

BROS mutual fund holders (N-PORT)

Funds ranked by the share of their own portfolio in this stock (N-PORT).
IMS Capital Value Fund
$2.7M position · as of 2026-06-30
4.4%
Avory Foundational ETF
$1.7M position · as of 2026-05-29
3.0%
Osterweis Opportunity Fund
$11.1M position · as of 2026-06-30
2.9%
Baird Small/Mid Cap Growth Fund
$2.1M position · as of 2026-06-30
2.7%
Baird Mid Cap Growth Fund
$16.9M position · as of 2026-06-30
2.6%
Wasatch Small Cap Growth Fund
$30.6M position · as of 2026-06-30
2.6%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M · % is the share of the fund's own portfolio
Executive pay vs shareholder return · Ms. Barone
CEO pay, headline and as actually paid, against the company's return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$6.7M
$8.2M
$2.2M
+67%
+31%
2024
$5.0M
$8.4M
$2.2M
+43%
+25%
2023
$1.9M
$2.8M
$2.1M
-14%
-3%
2022
$1.1M
-$10.6M
$910.5K
-23%
-32%
Tagged by the company under SEC Item 402(v). Returns are cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $372.0M sold by insiders over 180 days, 291 funds added last quarter, $6.2M in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
Backtest this pattern Open the screener
Same sector, ranked by filing activity
Sector by SEC SIC code
TKODKNGCMGSGACELHBUKSQSRRSILYVCVEOPLAY

BROS financials

Revenue growth
+27.9%
XBRL, annual
Net margin
4.9%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$1.9B
four quarters, 2025-07-01 to 2026-06-30
Net margin, TTM
+4.9%
net income over revenue, 2025-07-01 to 2026-06-30
Free cash flow, TTM
$95.0M
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Debt to equity
0.25x
long-term 2026-06-30 plus current 2026-06-30; equity 2026-06-30
Cash flow to debt
1.84x
TTM operating cash flow over long-term 2026-06-30 plus current 2026-06-30
Return on equity
+12.9%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets
+3.0%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on invested capital
n/a
tax provision or pre-tax income not filed for the four quarters
Return on capital employed
+6.3%
operating income (EBIT proxy) over average of 2025-06-30 and 2026-06-30 minus current liabilities
P/E, trailing
58.36x
close 2026-10-26 over four quarters of diluted EPS, 2025-07-01 to 2026-06-30
Enterprise value
n/a
no share count filed
FCF yield
n/a
no share count filed
PEG, trailing
1.03x
P/E over trailing EPS growth of 57%: four quarters to 2026-06-30 against the four to 2025-06-30
Price as of 2026-10-26. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
2025-122024-122023-122022-12
Revenue$1.6B$1.3B$965.8M$739.0M
Operating income$161.2M$106.1M$46.2M-$2.6M
Net income$79.8M$35.3M$1.7M-$4.8M
EPS (diluted)0.640.340.03-0.09
Operating cash flow$295.5M$246.4M$139.9M$59.9M
Cash$269.4M$293.4M$133.5M$20.2M
Long-term debt$196.3M$219.8M$93.2M$96.3M
SEC XBRL, fiscal years, as known on 2026-10-27

BROS Stock Sonar score 6/7 axes

Find similar shapesCompare

BROS ranks highest on institutional and government (86th percentile) and financial health (82nd), and lowest on insider conviction (33rd), among Restaurants & Leisure peers.

ProfitHealthGrowthInsidersInstitutionsRisk
Profitability
59
Inputs
  • Return on equity+12.9% · 64 pct, sector of 85
  • Return on assets+3.0% · 60 pct, sector of 120
  • Return on invested capitaltax provision or pre-tax income not filed for the four quarters
  • Return on capital employed+6.3% · 53 pct, sector of 104
Financial health
82
Inputs
  • Debt to equity0.25x · 72 pct, sector of 95
  • Cash flow to debt1.84x · 91 pct, sector of 105
Growth
73
Inputs
  • Revenue growth, YoY+27.9% · 89 pct, sector of 143
  • Backlog growth, YoY-2.1% · 56 pct, sector of 33
Insider conviction
33
Inputs
  • Net Form 4 buying (codes P and S), 180d-$359.1M · 3 pct, sector of 77
  • Insider buyers, 180d1 · 63 pct, sector of 77
Institutional and government
86
Inputs
  • Funds adding, latest quarter291 · 86 pct, sector of 112
  • Congress net buyers, 365dno Congress trades in 365 days
  • Federal contracts, 180dno federal contracts in 180 days
  • Lobbying spend, 4 quartersno lobbying filings in the last four quarters
Risk and compliance
35
Inputs
  • Short interest, % of float+16.0% · 15 pct, sector of 150
  • Recalls per $1B revenue, 3ynot measured for this sector, almost no peer has an event
  • EPA cases per $1B revenue, 5ynot measured for this sector, almost no peer has an event
  • New text in Risk Factors, latest 10-K+9.6% · 56 pct, sector of 100
1 not measured: US patents
  • US patents needs 1 of 2 inputs, 0 present: patent data not loaded yet

6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored

BROS filings, in plain words

Are Dutch Bros insiders buying or selling BROS?

In the 180 days to 2026-10-27, Dutch Bros insiders were net sellers, a net $372.0M: $205.5K of purchases and $372.2M of sales reported on Form 4, by 1 buyer and 4 sellers.

Are there planned insider sales of BROS?

Yes. 2 Form 144 notices of planned insider sales were filed in the 90 days to 2026-10-27, covering $6.2M of stock; the latest, by DM INDIVIDUAL AGGREGATOR, LLC, was filed 2026-10-20.

Read the full summary

In the 180 days to 2026-10-27, Dutch Bros insiders were net sellers of BROS, a net $372.0M across purchases and sales reported on Form 4 by 1 buyer and 4 sellers. Most of that figure, $369.6M, came from a holder of 10% or more rather than an officer or director. Sales outweighed purchases more than tenfold by value. 10% of the 41 insider sales were made under a Rule 10b5-1 plan; the rest were not flagged as planned. Insiders filed 2 Form 144 notices of intent to sell in the 90 days to 2026-10-27, covering $6.2M of stock. Each figure is counted from SEC and House filings as of 2026-10-27, dated the day the filing was made public.

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