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sellModerate cluster of 310b5-1 plan

Travis Boersma sold $84M of BROS

Executive Chairman of Board at Dutch Bros Inc.. 1,263,479 shares at an average of $66.45, traded May 21, 2025, filed May 23, 2025.

Warning score
50
Value
$84M
1,263,479 shares
Holdings after
1,940,245
-31% from before
From 52-week low
+111%
low $30.72, close $64.90
From 52-week high
-24%
high $85.37, as of May 21, 2025

Score components

  • Role
    Chair
    +20
  • Trade size
    $84.0M at market
    +25
  • Share of holdings sold
    Sold 31% 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 23, 2025: -44.0%SPY +36.7% · excess -80.6%

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 0001866581-25-000171, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
May 21, 2025SOpen-market sale
Class A Common Stockindirect: By DM Trust Aggregator, LLC10b5-1
-203,967$65.37$13M3,866,328May 23, 2025
May 21, 2025SOpen-market sale
Class A Common Stockindirect: By DM Trust Aggregator, LLC10b5-1
-154,791$66.28$10M3,711,537May 23, 2025
May 21, 2025SOpen-market sale
Class A Common Stockindirect: By DM Trust Aggregator, LLC10b5-1
-62,768$67.00$4.2M3,648,769May 23, 2025
May 22, 2025SOpen-market sale
Class A Common Stockindirect: By DM Trust Aggregator, LLC10b5-1
-43,340$65.16$2.8M3,605,429May 23, 2025
May 22, 2025SOpen-market sale
Class A Common Stockindirect: By DM Trust Aggregator, LLC10b5-1
-292,274$66.09$19M3,313,155May 23, 2025
May 22, 2025SOpen-market sale
Class A Common Stockindirect: By DM Trust Aggregator, LLC10b5-1
-41,709$67.23$2.8M3,271,446May 23, 2025
May 22, 2025SOpen-market sale
Class A Common Stockindirect: By DM Trust Aggregator, LLC10b5-1
-186,264$68.27$13M3,085,182May 23, 2025
May 21, 2025SOpen-market sale
Class A Common Stockindirect: By DM Individual Aggregator, LLC10b5-1
-57,636$65.37$3.8M2,160,975May 23, 2025
May 21, 2025SOpen-market sale
Class A Common Stockindirect: By DM Individual Aggregator, LLC10b5-1
-43,739$66.28$2.9M2,117,236May 23, 2025
May 21, 2025SOpen-market sale
Class A Common Stockindirect: By DM Individual Aggregator, LLC10b5-1
-17,737$67.00$1.2M2,099,499May 23, 2025
May 22, 2025SOpen-market sale
Class A Common Stockindirect: By DM Individual Aggregator, LLC10b5-1
-12,247$65.16$798k2,087,252May 23, 2025
May 22, 2025SOpen-market sale
Class A Common Stockindirect: By DM Individual Aggregator, LLC10b5-1
-82,588$66.09$5.5M2,004,664May 23, 2025
May 22, 2025SOpen-market sale
Class A Common Stockindirect: By DM Individual Aggregator, LLC10b5-1
-11,786$67.23$792k1,992,878May 23, 2025
May 22, 2025SOpen-market sale
Class A Common Stockindirect: By DM Individual Aggregator, LLC10b5-1
-52,633$68.27$3.6M1,940,245May 23, 2025

Related signals

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

ScoreCompanyInsiderValueHoldingsFiled
60Notable
BROSsell 310b5-1
Dutch Bros Inc.
Travis Boersma
Executive Chairman of Board
$137M
2,500,000 shares
-161%
52Moderate
BROSsell 310b5-1
Dutch Bros Inc.
DM Individual Aggregator, LLC
owner
$53M
965,214 shares
-99%
52Moderate
BROSsell 310b5-1
Dutch Bros Inc.
DM Trust Aggregator, LLC
owner
$84M
1,534,786 shares
-99%
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%
37Weak
BROSsell 310b5-1
Dutch Bros Inc.
DM Individual Aggregator, LLC
owner
$18M
278,366 shares
-13%

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 $84M of BROS | InsiderTell