First Watch CFO reports 37,770-share holding
First Watch Restaurant Group, Inc. Chief Financial Officer Ashlee Suzanne Weisser reported an initial holding of 37,770 shares of common stock.
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Form Type
3
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)
Footnotes (1)
- F1. 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.
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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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