---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-013108"
form_type: "8-K"
ticker: "BROS"
cik: "0001866581"
company_name: "Dutch Bros Inc."
filed_at: "2024-03-26T23:59:59+00:00"
generated_at: "2026-06-04T08:04:56.591254+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Dutch Bros: Sponsor secondary offering of 8M shares at $34; director resigns

## Summary
- Director Blythe Jack resigned March 22, 2024; board reduces to one Class C director after share threshold drop.
- Sponsor affiliates selling 8,000,000 Class A shares at $34.00 per share in underwritten secondary offering.
- Underwriters granted 30-day option to buy up to 1,200,000 additional shares from selling stockholders.
- Company will not receive any proceeds from the offering; all shares sold by existing stockholders.
- 45-day lock-up on share sales for directors, officers, and selling stockholders, subject to exceptions.

## SEC filing metadata
- accession: 0001628280-24-013108
- form_type: 8-K
- ticker: BROS
- cik: 0001866581
- company_name: Dutch Bros Inc.
- filed_at: 2024-03-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866581/000162828024013108/0001628280-24-013108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866581/000162828024013108/bros-20240321.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-013108
- JSON: https://secwatch.observer/filing/0001628280-24-013108.json
- Plain text: https://secwatch.observer/filing/0001628280-24-013108.txt

## Key facts
- Executive change
  Blythe Jack resigned as Director at Dutch Bros Inc..
  - Action: resigned
  - Role: Director
  source text: On March 22, 2024, Blythe Jack, who served as one of the two Class C Directors, resigned from the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866581/000162828024013108/0001628280-24-013108-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.