First Watch (FWRG) CFO discloses 37,770 shares including 31,392 RSUs

Rhea-AI Filing Summary

First Watch Restaurant Group, Inc. Chief Financial Officer Ashlee Suzanne Weisser reported an initial holding of 37,770 shares of common stock. Of these, 31,392 are restricted stock units that vest in stages between March 1, 2027 and March 1, 2029, each representing a contingent right to one share.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Weisser Ashlee Suzanne

Role Chief Financial Officer

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 37,770 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Total shares reported: 37,770 shares Restricted stock units: 31,392 RSUs RSUs vesting March 1, 2027: 6,019 RSUs +5 more

8 metrics

Total shares reported 37,770 shares Common stock holding reported by CFO

Restricted stock units 31,392 RSUs Portion of total common stock position

RSUs vesting March 1, 2027 6,019 RSUs Scheduled vesting tranche on March 1, 2027

RSUs vesting March 7, 2027 4,201 RSUs Scheduled vesting tranche on March 7, 2027

RSUs vesting March 13, 2027 4,567 RSUs Scheduled vesting tranche on March 13, 2027

RSUs vesting March 1, 2028 6,019 RSUs Scheduled vesting tranche on March 1, 2028

RSUs vesting March 13, 2028 4,567 RSUs Scheduled vesting tranche on March 13, 2028

RSUs vesting March 1, 2029 6,019 RSUs Final scheduled vesting tranche on March 1, 2029

Key Terms

restricted stock units, RSUs, vest, contingent right, +1 more

5 terms

restricted stock units financial

"Of the 37,770 shares of common stock, 31,392 shares are restricted stock units ("RSUs")"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

RSUs financial

"31,392 shares are restricted stock units ("RSUs") and are scheduled to vest as follows"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

vest financial

"31,392 shares are restricted stock units ("RSUs") and are scheduled to vest as follows"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

contingent right financial

"Each RSU represents a contingent right to receive one share of the Issuer's common stock"

forfeiture or acceleration financial

"Each RSU represents a contingent right to receive one share ... and is subject to earlier forfeiture or acceleration"

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Understanding Insider Trading Forms →

Available on EDGAR 06/10/2026 - 04:17 PM Accepted by SEC EDGAR 06/10/2026 - 04:15 PM Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Weisser Ashlee Suzanne

(Last) (First) (Middle)

C/O FIRST WATCH RESTAURANT GROUP, INC.

8725 PENDERY PLACE, STE. 201

(Street)

BRADENTON FLORIDA 34201

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
06/08/2026

3. Issuer Name and Ticker or Trading Symbol
First Watch Restaurant Group, Inc. [ FWRG ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	37,770(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Of the 37,770 shares of common stock, 31,392 shares are restricted stock units ("RSUs") and are scheduled to vest as follows: 6,019 RSUs will vest on March 1, 2027, 4,201 RSUs will vest on March 7, 2027, 4,567 RSUs will vest on March 13, 2027, 6,019 RSUs will vest on March 1, 2028, 4,567 RSUs will vest on March 13, 2028 and 6,019 RSUs will vest on March 1, 2029. Each RSU represents a contingent right to receive one share of the Issuer's common stock and is subject to earlier forfeiture or acceleration.

Remarks:

	By: /s/ Jay Wolszczak, as attorney-in-fact	06/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does First Watch (FWRG) CFO Ashlee Weisser report on this Form 3?

Ashlee Suzanne Weisser reports beneficial ownership of 37,770 First Watch common shares. This includes both currently held stock and unvested restricted stock units, establishing her initial insider ownership position as Chief Financial Officer under SEC reporting rules.

How many First Watch (FWRG) shares are restricted stock units for the CFO?

Out of 37,770 First Watch shares reported, 31,392 are restricted stock units. These RSUs will convert into common shares only as they vest over time, subject to potential forfeiture or acceleration based on the applicable award terms.

When do Ashlee Weisser’s First Watch (FWRG) RSUs vest?

Ashlee Weisser’s RSUs vest in tranches on March 1, 2027, March 7, 2027, March 13, 2027, March 1, 2028, March 13, 2028, and March 1, 2029. Each vesting date releases a specific number of units into common stock.

How many First Watch (FWRG) RSUs vest on each scheduled date for the CFO?

The schedule includes 6,019 RSUs vesting March 1, 2027; 4,201 on March 7, 2027; 4,567 on March 13, 2027; 6,019 on March 1, 2028; 4,567 on March 13, 2028; and 6,019 on March 1, 2029, subject to forfeiture or acceleration.

What does each First Watch (FWRG) restricted stock unit represent for the CFO?

Each restricted stock unit represents a contingent right to receive one First Watch common share. Delivery of shares depends on the RSUs vesting and not being forfeited, aligning the Chief Financial Officer’s compensation with future company performance and service conditions.