secwatch.observer — SEC 8-K summary
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Issuer:     Dutch Bros Inc. (BROS)
CIK:        0001866581
Form:       8-K
Filed at:   2021-12-01T23:59:59+00:00
Accession:  0001866581-21-000015
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Dutch Bros enters new employment agreements with CEO and CFO, outlining base salaries and bonuses
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- CEO Jonathan Ricci gets $550K base salary + $500K cash bonus for 2021.
- CFO Charles Jemley gets $472.5K base salary + $225K cash bonus for 2021.
- CEO eligible for up to 25 hours personal use of company plane.
- Both executives eligible for severance under Amended and Restated Severance and Change in Control Plan.
- Agreements effective November 1, 2021, superseding prior arrangements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866581/000186658121000015/0001866581-21-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866581/000186658121000015/bros-20211124.htm
  HTML page:      https://secwatch.observer/filing/0001866581-21-000015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer