Stock Trading Canary

United States · SEC Form 4 · Snapshot date: 2026-10-19 · Built: 2026-10-19 · 中文

← United States · Coverage record

US · SEC FORM 4

Dutch Bros Inc.

BROS · NYSE · CIK 0001866581 · Consumer Cyclical · Restaurants

INSIDER SIGNAL

No active buy signal

2 qualifying P purchase groups
in the current 180-day scoring window

67 Form 4 transaction lines observed in the same window
37 sales · 28 option, withholding, award, gift or other lines

Last qualifying purchase2026-08-13 · Penegor Todd Allan · $103.1K

WHY NO ACTIVE SIGNAL?

Purchase activityPresent
Recent buying2 qualifying line group(s)
Recent salesHigh
Buy signal statusInactive
Score anatomy

No score is calculated because there is no qualifying purchase in the active window. Unavailable inputs are not treated as zero or as a bearish signal.

ClusterNot calculated
Purchase sizeNot calculated
RoleNot calculated
RecencyNot calculated
ConvictionNot calculated

Why is there no score?

  • No qualifying open-market purchase supplies cluster, size, role, recency or conviction inputs.
  • Sales and other Form 4 activity remain visible as context and do not create a negative score.

Sales and other Form 4 activity are shown separately and do not create a negative buy signal. Absence of buying is not scored as bearish.

Purchase breadth & concentration

QUALIFYING BUYERS1
PURCHASE CONCENTRATION100%Largest buyer: Penegor Todd Allan · $205.5K
CLUSTER BUYING · 15D1 insiderPeak activity: 2026-05-15–2026-05-15

Roles in the peak window: Director. Concentration uses priced qualifying P lines only and does not change the saved score.

Insider activity timeline

Owner lanes show the latest 180 days. Symbol shape identifies the transaction type; sales remain context only.

AprMayJunJulAugSepOct
DM Trust Aggregator, LLCTenPercentOwner
▼▼▼▼▼▼
DM Individual Aggregator, LLCTenPercentOwner
▼▼▼▼▼▼
Boersma TravisExecutive Chairman of Board
▼▼▼▼▼▼
Penegor Todd AllanDirector
○●●○
Miller Ann MDirector
○○
MARCHISOTTO KORYDirector
○○
● Purchase▼ Sale○ Other

Showing the six most active owners; 6 additional owner(s) remain in Form 4 evidence.

SIGNAL HISTORY

No recorded active-signal snapshot

Scores are archived only when the company qualifies for a published US buy-signal snapshot. Last qualifying purchase: 2026-08-13 · Penegor Todd Allan.

Recent Form 4 activity

2Purchases
69Sales
73Other Form 4 lines
62SEC filings · 365 days
BUYING2 qualifying P line(s) · 180 days
SELLING37 sale line(s) · context only
OTHER28 exercise / withholding / award / gift / other lines
10b5-1 / PLANNEDNot assessed

P is an open-market or private purchase. S is a sale. M, F, A and G usually describe exercises, tax withholding, awards and gifts. These categories remain visually separate.

Market context

Market context has not been captured for this ticker yet. The daily market-context job processes the US universe in rotating batches.

Short interest

Short interest is external context reported to FINRA by broker-dealers. It does not affect the Insider Signal.

Shares short
20,850,463
Previous report
16,413,424
Avg daily volume
4,772,719
Days to cover
4.4

FINRA settlement date: 2026-09-30 · Captured 2026-10-12 · FINRA equity short interest ↗. A share count, published about a week after each of two settlement dates a month; not a percentage of shares outstanding.

Historical equity purchases

Qualifying code P transactions in the local Form 4 history, including purchases outside the current signal window.

Transaction dateReporting ownerTypeSecuritySharesAvg. priceApprox. valueSource
2026-08-13Penegor Todd AllanPurchase (P)Class A Common Stock2,000USD 51.56USD 103,120SEC filing ↗
2026-05-15Penegor Todd AllanPurchase (P)Class A Common Stock2,000USD 51.18USD 102,360SEC filing ↗
2023-08-11Tullett Victoria JPurchase (P)Class A Common Stock739USD 33.80USD 24,978SEC filing ↗
2023-08-08Boersma TravisPurchase (P)Class A Common Stock13USD 27.63USD 368SEC filing ↗
2023-05-10Boersma TravisPurchase (P)Class A Common Stock130USD 29.80USD 3,885SEC filing ↗
2023-03-27Boersma TravisPurchase (P)Class A Common Stock25USD 29.45USD 749SEC filing ↗
2023-03-07Boersma TravisPurchase (P)Class A Common Stock2USD 33.73USD 67SEC filing ↗
2023-03-01Boersma TravisPurchase (P)Class A Common Stock255USD 32.00USD 8,160SEC filing ↗
2022-09-13Boersma TravisPurchase (P)Class A Common Stock42USD 35.74USD 1,500SEC filing ↗
2022-09-01Boersma TravisPurchase (P)Class A Common Stock29USD 34.43USD 1,000SEC filing ↗
2022-05-27Boersma TravisPurchase (P)Class A Common Stock1USD 36.89USD 55SEC filing ↗
2022-05-18Boersma TravisPurchase (P)Class A Common Stock108USD 24.89USD 2,687SEC filing ↗
2022-05-17Gillett StephenPurchase (P)Class A Common Stock925USD 26.44USD 24,457SEC filing ↗
2022-05-16Gillett StephenPurchase (P)Class A Common Stock4,725USD 26.29USD 124,204SEC filing ↗
2021-11-15Boersma TravisPurchase (P)Class A Common Stock19USD 62.01USD 1,201SEC filing ↗

Form 4 evidence

144 transaction lines in the latest 365-day window; 866 in local history.

DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-08-20Penegor Todd AllanOption exercise / conversion (M)Class A Common Stock775USD 0.00USD 0SEC filing ↗
2026-08-20Miller Ann MOption exercise / conversion (M)Class A Common Stock775USD 0.00USD 0SEC filing ↗
2026-08-20Maw Scott HarlanOption exercise / conversion (M)Class A Common Stock775USD 0.00USD 0SEC filing ↗
Show recent Form 4 evidence (30 grouped rows)
DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-08-20Penegor Todd AllanOption exercise / conversion (M)Class A Common Stock775USD 0.00USD 0SEC filing ↗
2026-08-20Miller Ann MOption exercise / conversion (M)Class A Common Stock775USD 0.00USD 0SEC filing ↗
2026-08-20Maw Scott HarlanOption exercise / conversion (M)Class A Common Stock775USD 0.00USD 0SEC filing ↗
2026-08-20MARCHISOTTO KORYOption exercise / conversion (M)Class A Common Stock775USD 0.00USD 0SEC filing ↗
2026-08-20Hart Gerard JohanOption exercise / conversion (M)Class A Common Stock775USD 0.00USD 0SEC filing ↗
2026-08-20Gillett StephenOption exercise / conversion (M)Class A Common Stock775USD 0.00USD 0SEC filing ↗
2026-08-20Cone C. DavidOption exercise / conversion (M)Class A Common Stock775USD 0.00USD 0SEC filing ↗
2026-08-13Penegor Todd AllanPurchase (P)Class A Common Stock2,000USD 51.56USD 103,120SEC filing ↗
2026-07-01DAVILA TANAOption exercise / conversion (M)Class A Common Stock14,442USD —USD —SEC filing ↗
2026-07-01DAVILA TANATax withholding (F)Class A Common Stock6,045USD 73.31USD 443,159SEC filing ↗
2026-06-11DM Trust Aggregator, LLCSale (S)Class A Common Stock488,945USD 63.02USD 30,815,743SEC filing ↗
2026-06-11DM Individual Aggregator, LLCSale (S)Class A Common Stock261,055USD 63.02USD 16,452,982SEC filing ↗
2026-06-11Boersma TravisSale (S)Class A Common Stock750,000USD 63.02USD 47,268,725SEC filing ↗
2026-06-10DM Trust Aggregator, LLCSale (S)Class A Common Stock488,945USD 60.39USD 29,527,842SEC filing ↗
2026-06-10DM Individual Aggregator, LLCSale (S)Class A Common Stock261,054USD 60.38USD 15,762,061SEC filing ↗
2026-06-10Boersma TravisSale (S)Class A Common Stock749,999USD 60.39USD 45,289,903SEC filing ↗
2026-06-10Barone ChristineSale (S)Class A Common Stock42,031USD 60.13USD 2,527,324SEC filing ↗
2026-06-01DM Trust Aggregator, LLCSale (S)Class A Common Stock291,607USD 58.26USD 16,989,024SEC filing ↗
2026-06-01DM Individual Aggregator, LLCSale (S)Class A Common Stock155,692USD 58.26USD 9,070,616SEC filing ↗
2026-06-01Boersma TravisSale (S)Class A Common Stock447,299USD 58.26USD 26,059,640SEC filing ↗
2026-05-29DM Trust Aggregator, LLCSale (S)Class A Common Stock197,338USD 58.27USD 11,498,885SEC filing ↗
2026-05-29DM Individual Aggregator, LLCSale (S)Class A Common Stock105,362USD 58.27USD 6,139,444SEC filing ↗
2026-05-29Boersma TravisSale (S)Class A Common Stock302,700USD 58.27USD 17,638,329SEC filing ↗
2026-05-28DM Trust Aggregator, LLCSale (S)Class A Common Stock133,728USD 56.16USD 7,510,164SEC filing ↗
2026-05-28DM Individual Aggregator, LLCSale (S)Class A Common Stock71,399USD 56.16USD 4,009,768SEC filing ↗
2026-05-28Boersma TravisSale (S)Class A Common Stock205,127USD 56.16USD 11,519,932SEC filing ↗
2026-05-27DM Trust Aggregator, LLCSale (S)Class A Common Stock355,217USD 56.21USD 19,966,748SEC filing ↗
2026-05-27DM Individual Aggregator, LLCSale (S)Class A Common Stock189,655USD 56.21USD 10,660,508SEC filing ↗
2026-05-27Boersma TravisSale (S)Class A Common Stock544,872USD 56.21USD 30,627,255SEC filing ↗
2026-05-15Penegor Todd AllanPurchase (P)Class A Common Stock2,000USD 51.18USD 102,360SEC filing ↗

Multiple price lines in one filing are grouped and share-weighted. Price and value are blank when a grouped filing line lacks price evidence.

Snapshot & identity

Snapshot date2026-10-19
Ranking versionUS-v1.2
Data qualityPASS ELIGIBLE · —
TickerBROS
CIK0001866581
SectorConsumer Cyclical
IndustryRestaurants Yahoo Finance
SEC SIC5810 Retail-Eating & Drinking Places
ExchangeNYSE

Data coverage

Local Form 4 history866 transaction lines from 2021-09-17 to 2026-08-20
17 P purchase lines · 538 S sale lines · 311 other lines
SEC company submissionsOpen SEC filings ↗

Local ledger as of 2026-10-19. Mapping status is an audit field and does not erase SEC filing evidence.