First Watch CFO receives 26,595 RSUs award

First Watch Restaurant Group’s Chief Financial Officer, Ashlee Suzanne Weisser, reported an equity compensation grant.

Rhea-AI Filing Summary

First Watch Restaurant Group’s Chief Financial Officer, Ashlee Suzanne Weisser, reported an equity compensation grant. She acquired 26,595 shares of common stock in the form of restricted stock units at no cash cost, bringing her direct holdings to 64,365 shares.

The restricted stock units will vest on June 8, 2030, subject to earlier forfeiture or acceleration. This is a compensation-related award rather than an open-market purchase, and it reflects long-term incentive alignment with the company’s performance over the multi‑year vesting period.

Insider Trade Summary

Grant/Award: 26,595 shares

Grant/Award 1 txn

Insider Weisser Ashlee Suzanne

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	26,595	$0.00	$0.00

Holdings After Transaction: Common Stock — 64,365 shares (Direct)

Footnotes (1)

1. F1. Represents restricted stock units which will vest on June 8, 2030, subject to earlier forfeiture or acceleration.

Key Figures

RSUs granted: 26,595 shares Holdings after grant: 64,365 shares Grant price: $0.0000 per share +1 more

4 metrics

RSUs granted 26,595 shares Restricted stock units awarded on June 8, 2026

Holdings after grant 64,365 shares Total direct common stock holdings following transaction

Grant price $0.0000 per share Equity award granted at no cash cost

Vesting date June 8, 2030 RSUs vest, subject to earlier forfeiture or acceleration

Key Terms

restricted stock units, vest, forfeiture, acceleration

4 terms

restricted stock units financial

"Represents restricted stock units which will vest on June 8, 2030"

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.

vest financial

"restricted stock units which will vest on June 8, 2030"

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.

forfeiture financial

"subject to earlier forfeiture or acceleration"

acceleration financial

"subject to earlier forfeiture or acceleration"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did First Watch (FWRG) report for its CFO?

First Watch reported that CFO Ashlee Suzanne Weisser received 26,595 restricted stock units as equity compensation. These RSUs were granted at no cash cost and increase her direct holdings to 64,365 shares of common stock following the transaction.

How many First Watch (FWRG) shares does the CFO hold after this Form 4?

After the reported grant, CFO Ashlee Suzanne Weisser directly holds 64,365 shares of First Watch common stock. This total includes the 26,595 restricted stock units awarded, which are subject to future vesting, forfeiture, or acceleration conditions specified in the grant.

What are the vesting terms of the CFO’s RSU grant at First Watch (FWRG)?

The 26,595 restricted stock units granted to First Watch’s CFO will vest on June 8, 2030. The award is subject to earlier forfeiture or acceleration, meaning vesting could be lost or occur sooner based on specific conditions tied to the grant agreement.

Was the First Watch (FWRG) CFO’s Form 4 transaction a market purchase?

No, the transaction was not a market purchase. The Form 4 shows a grant coded as an acquisition of 26,595 restricted stock units at a price of $0.0000 per share, indicating equity compensation rather than shares bought on the open market.

What does the Form 4 code 'A' mean in the First Watch (FWRG) filing?

In this Form 4, the transaction code “A” indicates a grant, award, or other acquisition. For First Watch’s CFO, it reflects the issuance of 26,595 restricted stock units as compensation, rather than a discretionary buy or sell transaction in the public market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/10/2026 - 04:16 PM Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/08/2026		A		26,595(1)	A	$0	64,365	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units which will vest on June 8, 2030, subject to earlier forfeiture or acceleration.

Remarks:

	/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 4 (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 4: SEC 1474 (03-26)