---
schema_version: "secwatch.filing_event.v1"
accession: "0001866581-24-000029"
form_type: "8-K"
ticker: "BROS"
cik: "0001866581"
company_name: "Dutch Bros Inc."
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:39:46.773919+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Dutch Bros plans relocation of ~40% support staff to Phoenix; expects $24M-$31M charges

## Summary
- Estimated aggregate charges of $24M-$31M for relocation, retention, transition, and termination benefits.
- Employee-related costs of $19M-$26M; consulting and other costs of $5M.
- Capital expenditures of $6M-$10M for Phoenix office expansion.
- Relocation to be completed by Jan 1, 2025; affected employees notified in February 2024.
- Charges will be excluded from non-GAAP Adjusted EBITDA as non-recurring.

## SEC filing metadata
- accession: 0001866581-24-000029
- form_type: 8-K
- ticker: BROS
- cik: 0001866581
- company_name: Dutch Bros Inc.
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.05, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866581/000186658124000029/0001866581-24-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866581/000186658124000029/bros-20240208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001866581-24-000029
- JSON: https://secwatch.observer/filing/0001866581-24-000029.json
- Plain text: https://secwatch.observer/filing/0001866581-24-000029.txt

## Key facts
- Restructurings & Charges
  Dutch Bros Inc. announced a restructuring with charges of approximately $24 million to $31 million affecting support operations staff (approximately 40% of its total support operations staff).
  - Type: restructuring
  - Charge: approximately $24 million to $31 million
  - Affected area: support operations staff
  - Headcount: approximately 40% of its total support operations staff
  source text: provided by the Company. These communications were largely completed by February 9, 2024. The Company anticipates incurring, or has incurred, aggregate charges of approximately $24 million to $31 million related to this initiative, consisting of (i) approximately $19 million to $26 million in employee-related costs, including relocation, retention and transition
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866581/000186658124000029/0001866581-24-000029-index.htm

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