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sellModerate cluster of 310b5-1 plan

Travis Boersma sold $86M of BROS

Executive Chairman of Board at Dutch Bros Inc.. 1,236,521 shares at an average of $69.86, traded May 19, 2025, filed May 21, 2025.

Warning score
50
Value
$86M
1,236,521 shares
Holdings after
2,218,611
-43% from before
From 52-week low
+134%
low $30.72, close $71.91
From 52-week high
-16%
high $85.37, as of May 19, 2025

Score components

  • Role
    Chair
    +20
  • Trade size
    $86.4M at market
    +25
  • Share of holdings sold
    Sold 43% of holdings
    +10
  • Cluster
    3 insiders selling within 14 days
    +15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

BROSOct 9, 2026 · close 38.05
Since filing May 21, 2025: -41.4%SPY +35.8% · excess -77.2%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001866581-25-000162, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
May 20, 2025SOpen-market sale
Class A Common Stockindirect: By DM Trust Aggregator, LLC10b5-1
-244,931$67.57$17M4,375,037May 21, 2025
May 20, 2025SOpen-market sale
Class A Common Stockindirect: By DM Trust Aggregator, LLC10b5-1
-295,454$68.73$20M4,079,583May 21, 2025
May 20, 2025SOpen-market sale
Class A Common Stockindirect: By DM Trust Aggregator, LLC10b5-1
-4,756$69.61$331k4,074,827May 21, 2025
May 20, 2025SOpen-market sale
Class A Common Stockindirect: By DM Trust Aggregator, LLC10b5-1
-4,532$71.25$323k4,070,295May 21, 2025
May 19, 2025SOpen-market sale
Class A Common Stockindirect: By DM Individual Aggregator, LLC10b5-1
-466,406$71.90$34M2,439,053May 21, 2025
May 19, 2025SOpen-market sale
Class A Common Stockindirect: By DM Individual Aggregator, LLC10b5-1
-65,120$72.84$4.7M2,373,933May 21, 2025
May 20, 2025SOpen-market sale
Class A Common Stockindirect: By DM Individual Aggregator, LLC10b5-1
-69,211$67.57$4.7M2,304,722May 21, 2025
May 20, 2025SOpen-market sale
Class A Common Stockindirect: By DM Individual Aggregator, LLC10b5-1
-83,487$68.73$5.7M2,221,235May 21, 2025
May 20, 2025SOpen-market sale
Class A Common Stockindirect: By DM Individual Aggregator, LLC10b5-1
-1,344$69.61$94k2,219,891May 21, 2025
May 20, 2025SOpen-market sale
Class A Common Stockindirect: By DM Individual Aggregator, LLC10b5-1
-1,280$71.25$91k2,218,611May 21, 2025

Related signals

Other insiders at Dutch Bros Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
45Moderate
BROSsell10b5-1
Dutch Bros Inc.
Travis Boersma
Executive Chairman of Board
$137M
2,500,000 shares
-161%
50Moderate
BROSsell 310b5-1
Dutch Bros Inc.
Travis Boersma
Executive Chairman of Board
$54M
787,681 shares
-39%
37Weak
BROSsell 310b5-1
Dutch Bros Inc.
DM Individual Aggregator, LLC
owner
$21M
304,113 shares
-24%
37Weak
BROSsell 310b5-1
Dutch Bros Inc.
DM Trust Aggregator, LLC
owner
$33M
483,568 shares
-24%
60Notable
BROSsell 310b5-1
Dutch Bros Inc.
Travis Boersma
Executive Chairman of Board
$111M
1,712,319 shares
-56%
42Moderate
BROSsell 310b5-1
Dutch Bros Inc.
DM Individual Aggregator, LLC
owner
$43M
661,101 shares
-34%
42Moderate
BROSsell 310b5-1
Dutch Bros Inc.
DM Trust Aggregator, LLC
owner
$68M
1,051,218 shares
-34%
50Moderate
BROSsell 310b5-1
Dutch Bros Inc.
Travis Boersma
Executive Chairman of Board
$84M
1,263,479 shares
-31%
37Weak
BROSsell 310b5-1
Dutch Bros Inc.
DM Individual Aggregator, LLC
owner
$18M
278,366 shares
-13%
37Weak
BROSsell 310b5-1
Dutch Bros Inc.
DM Trust Aggregator, LLC
owner
$65M
985,113 shares
-24%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Travis Boersma sold $86M of BROS | InsiderTell