Dutch Bros Inc. reported an insider ownership change involving Tana Davila, with transactions dated July 1, 2026, in the company’s Class A common stock. The Form 4 reflects activity tied to restricted stock units, or RSUs, which represent the right to receive one share of Dutch Bros Class A common stock for each unit. The filing describes RSU awards previously granted to Davila. One award consisted of 17,574 RSUs, with 50% vesting on July 1, 2025, and the remaining 50% vesting on July 1, 2026. A second award consisted of 11,310 RSUs, also vesting in two equal installments on July 1, 2025, and July 1, 2026. Based on those vesting schedules, the July 1, 2026 vesting date related to the final tranches of both awards. The reported ownership changes in Dutch Bros Class A common stock include 26,483 shares and a separate entry for 3,678 shares, both shown at a price of $73.31 per share in the filing text. The filing indicates that Davila’s reported ownership after the transaction included 26,483 shares of Class A common stock. The 3,678-share entry at $73.31 appears as a separate reported stock movement connected with the vesting event, though the excerpt provided does not display the transaction code or full table labels that would specify whether the shares were sold, withheld for taxes, or otherwise disposed of. The filing’s explanatory notes emphasize that each RSU is a contingent right to receive one share of Class A common stock and provide the vesting terms for the two RSU grants. The report was signed on Davila’s behalf by Meghan Dappen, attorney-in-fact, on July 2, 2026.