BROS · Two affiliated 10% stockholders of Dutch Bros Inc., DM Trust…

Two affiliated 10% stockholders of Dutch Bros Inc., DM Trust Aggregator, LLC and DM Individual Aggregator, LLC, filed Forms 144 on October 29, 2026, signaling intent to sell a combined 408,023 shares of common stock with an aggregate market value of approximately $17.5 million. The shares were acquired as founders shares in 2018 and are being sold through Morgan Stanley. Both entities have been executing sales under Rule 10b5-1 plans, with recent trades on October 20, 2026 totaling 145,687 shares for about $6.4 million. The filing is signed by Travis Mason Boersma, indicating insider involvement.

• DM Trust Aggregator, LLC intends to sell 266,000 shares valued at approximately $11.4 million.
• DM Individual Aggregator, LLC intends to sell 142,023 shares valued at approximately $6.1 million.
• Combined proposed sale: 408,023 shares worth about $17.5 million.
• Both entities are 10% stockholders and acquired the shares as founders shares on September 27, 2018.