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sellNotable cluster of 310b5-1 plan

Travis Boersma sold $111M of BROS

Executive Chairman of Board at Dutch Bros Inc.. 1,712,319 shares at an average of $64.60, traded Aug 21, 2025, filed Aug 25, 2025.

Warning score
60
Value
$111M
1,712,319 shares
Holdings after
1,279,144
-56% from before
From 52-week low
+106%
low $30.72, close $63.13
From 52-week high
-26%
high $85.37, as of Aug 21, 2025

Score components

  • Role
    Chair
    +20
  • Trade size
    $110.6M at market
    +25
  • Share of holdings sold
    Sold 56% of holdings
    +20
  • 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 Aug 25, 2025: -45.4%SPY +22.8% · excess -68.2%

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 0001866581-25-000211, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Aug 21, 2025SOpen-market sale
Class A Common Stockindirect: By DM Trust Aggregator, LLC10b5-1
-211,023$63.01$13M2,874,159Aug 25, 2025
Aug 21, 2025SOpen-market sale
Class A Common Stockindirect: By DM Trust Aggregator, LLC10b5-1
-72,574$63.23$4.6M2,801,585Aug 25, 2025
Aug 22, 2025SOpen-market sale
Class A Common Stockindirect: By DM Trust Aggregator, LLC10b5-1
-47,005$63.71$3.0M2,754,580Aug 25, 2025
Aug 22, 2025SOpen-market sale
Class A Common Stockindirect: By DM Trust Aggregator, LLC10b5-1
-152,878$64.92$9.9M2,601,702Aug 25, 2025
Aug 22, 2025SOpen-market sale
Class A Common Stockindirect: By DM Trust Aggregator, LLC10b5-1
-567,738$65.36$37M2,033,964Aug 25, 2025
Aug 21, 2025SOpen-market sale
Class A Common Stockindirect: By DM Individual Aggregator, LLC10b5-1
-132,711$63.01$8.4M1,807,534Aug 25, 2025
Aug 21, 2025SOpen-market sale
Class A Common Stockindirect: By DM Individual Aggregator, LLC10b5-1
-45,640$63.23$2.9M1,761,894Aug 25, 2025
Aug 22, 2025SOpen-market sale
Class A Common Stockindirect: By DM Individual Aggregator, LLC10b5-1
-29,561$63.71$1.9M1,732,333Aug 25, 2025
Aug 22, 2025SOpen-market sale
Class A Common Stockindirect: By DM Individual Aggregator, LLC10b5-1
-96,143$64.92$6.2M1,636,190Aug 25, 2025
Aug 22, 2025SOpen-market sale
Class A Common Stockindirect: By DM Individual Aggregator, LLC10b5-1
-357,046$65.36$23M1,279,144Aug 25, 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%
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%

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 $111M of BROS | InsiderTell