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sellModerate cluster of 410b5-1 plan

Travis Boersma sold $42M of BROS

Executive Chairman of Board at Dutch Bros Inc.. 749,999 shares at an average of $56.20, traded May 27, 2026, filed May 29, 2026.

Warning score
45
Value
$42M
749,999 shares
Holdings after
3,193,963
-12% from before
From 52-week low
+20%
low $46.69, close $55.91
From 52-week high
-25%
high $74.24, as of May 27, 2026

Score components

  • Role
    Chair
    +20
  • Trade size
    $42.1M at market
    +25
  • Share of holdings sold
    Sold 12% of holdings
    +5
  • Cluster
    4 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 29, 2026: -34.4%SPY +3.4% · excess -37.8%

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 0001866581-26-000108, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
May 27, 2026SOpen-market sale
Class A Common Stockindirect: By DM Trust Aggregator, LLC10b5-1
-355,217$56.21$20M6,115,193May 29, 2026
May 28, 2026SOpen-market sale
Class A Common Stockindirect: By DM Trust Aggregator, LLC10b5-1
-133,728$56.16$7.5M5,981,465May 29, 2026
May 27, 2026SOpen-market sale
Class A Common Stockindirect: By DM Individual Aggregator, LLC10b5-1
-189,655$56.21$11M3,265,362May 29, 2026
May 28, 2026SOpen-market sale
Class A Common Stockindirect: By DM Individual Aggregator, LLC10b5-1
-71,399$56.16$4.0M3,193,963May 29, 2026

Related signals

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

ScoreCompanyInsiderValueHoldingsFiled
54Moderate
BROSbuy
Dutch Bros Inc.
Todd Allan Penegor
director
$103k
2,000 shares
+37%
50Moderate
BROSsell 410b5-1
Dutch Bros Inc.
Travis Boersma
Executive Chairman of Board
$93M
1,499,999 shares
-27%
37Weak
BROSsell 410b5-1
Dutch Bros Inc.
DM Individual Aggregator, LLC
owner
$32M
522,109 shares
-18%
37Weak
BROSsell 410b5-1
Dutch Bros Inc.
DM Trust Aggregator, LLC
owner
$60M
977,890 shares
-18%
55Moderate
BROSsell 410b5-1
Dutch Bros Inc.
Christine Barone
CEO and President
$2.5M
42,031 shares
-49%
45Moderate
BROSsell 410b5-1
Dutch Bros Inc.
Travis Boersma
Executive Chairman of Board
$44M
749,999 shares
-13%
32Weak
BROSsell 410b5-1
Dutch Bros Inc.
DM Individual Aggregator, LLC
owner
$15M
261,054 shares
-8%
32Weak
BROSsell 410b5-1
Dutch Bros Inc.
DM Trust Aggregator, LLC
owner
$28M
488,945 shares
-8%
32Weak
BROSsell 410b5-1
Dutch Bros Inc.
DM Individual Aggregator, LLC
owner
$15M
261,054 shares
-8%
32Weak
BROSsell 410b5-1
Dutch Bros Inc.
DM Trust Aggregator, LLC
owner
$27M
488,945 shares
-8%

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 $42M of BROS | InsiderTell