First Watch Restaurant Group, Inc. Form 4 Filings

First Watch Restaurant Group, Inc. reported that director Britt Irene Chang received an equity award of 12,345 shares of Common Stock in the form of restricted stock units. The award was granted at a price of $0.00 per share as compensation, not an open-market purchase.

The footnote explains that these are RSUs that will vest on May 21, 2027, provided Chang remains in continuous service through that date. Each RSU will convert into one share of common stock at vesting, increasing her actual share ownership when delivered.

After this grant, Chang’s direct holdings reported in this filing total 31,645 shares of Common Stock, which reflects a routine compensation-related increase in her equity position rather than a market transaction.

FLEISHER MICHAEL D reported acquisition or exercise transactions in this Form 4 filing.

First Watch Restaurant Group, Inc. director Michael D. Fleisher received an equity award from the company. He was granted 12,345 restricted stock units (RSUs), each representing one share of common stock. These RSUs vest on May 21, 2027, subject to his continuous service, bringing his direct holdings to 29,297 shares.

Alvarez Ralph reported acquisition or exercise transactions in this Form 4 filing.

First Watch Restaurant Group, Inc. reported that director Ralph Alvarez received an equity award in the form of restricted stock units. The grant covers 17,636 RSUs, each representing a contingent right to receive one share of common stock, at a stated price of $0.0000 per share. These RSUs vest on May 21, 2027, subject to his continuous service through that date. Following this award, Alvarez directly holds 440,471 shares of First Watch common stock.

Solheim Jostein reported acquisition or exercise transactions in this Form 4 filing.

First Watch Restaurant Group director Jostein Solheim received an equity award from the company. He was granted 12,345 restricted stock units (RSUs) of common stock, with no cash paid per unit. The RSUs vest on May 21, 2027, if he continues serving through that date. After this grant, he directly holds 31,601 shares of common stock.

First Watch Restaurant Group, Inc. reported that director Rachel K. Tipograph acquired equity-based compensation through a new award. On May 21, 2026, she received 12,345 restricted stock units (RSUs), each representing a contingent right to receive one share of common stock. The RSUs vest on May 21, 2027, provided she remains in continuous service through that date. After this grant, the filing shows she directly beneficially owns 21,647 shares of common stock.

First Watch Restaurant Group director Charles Jemley received an equity award of restricted stock units. The company granted him 12,345 RSUs that vest on May 21, 2027, as long as he remains in continuous service through that date. Each RSU will convert into one share of common stock at vesting. After this grant, Jemley directly holds 44,278 shares of the company’s common stock, reflecting his total reported equity stake following the award.

Lilak Stephanie reported acquisition or exercise transactions in this Form 4 filing.

First Watch Restaurant Group director Stephanie Lilak received a stock-based compensation award. She was granted 12,345 shares of common stock in the form of restricted stock units at no cost. These RSUs vest on May 21, 2027, if she remains in continuous service, bringing her reported direct holdings to 39,361 shares.

Kussell William A reported acquisition or exercise transactions in this Form 4 filing.

First Watch Restaurant Group director William A. Kussell received a grant of 12,345 shares of common stock in the form of restricted stock units. The RSUs were awarded at no cash cost and each unit represents a right to one share of common stock.

The RSUs vest on May 21, 2027, provided Kussell remains in continuous service through that date. After this grant, his directly held common stock position reported in the filing totals 38,747 shares.

First Watch Restaurant Group, Inc. Chief Operations Officer John Daniel Jones reported an open-market sale of 1,697 shares of common stock at a weighted average price of $12.52 per share. These shares were sold by the company’s broker under a mandatory “sell to cover” program tied to the vesting of restricted stock units, with proceeds used to cover required tax withholding rather than representing a discretionary trade. Following this transaction, Jones directly holds 84,725 shares of common stock.

First Watch Restaurant Group’s Chief Development Officer Eric Richard Hartman had 1,819 shares of common stock sold on his behalf at a weighted average price of $12.52 per share. The issuer executed these sales to cover tax withholding tied to vesting restricted stock units, so they were not discretionary trades by Hartman. After these transactions, he directly holds 244,530 shares of First Watch common stock.

First Watch Restaurant Group, Inc. President and CEO Christopher Anthony Tomasso reported an open-market sale of 25,062 shares of common stock at a weighted average price of $12.52 per share. According to the footnotes, this was a mandatory sale executed by the company to cover tax withholding obligations arising from the vesting of restricted stock units and did not represent a discretionary trade by Tomasso.

Following the transaction, Tomasso directly holds 957,315 shares of common stock. He also has indirect holdings of 71,768 shares through Big Fish Investments LLC and 500 shares held by his daughter, as shown in the filing.

First Watch Restaurant Group Chief People Officer sells shares for tax withholding. Laura Anne Sorensen had 1,697 shares of common stock sold on March 17, 2026 at a weighted average price of $12.52 per share. After this transaction, she directly holds 237,353 shares.

According to the disclosure, the shares were sold by the company’s broker on Sorensen’s behalf under a mandatory sell-to-cover policy tied to the vesting of restricted stock units, meaning the sale was not a discretionary trade and was used to cover tax withholding obligations. The price reflects multiple trades between $11.98 and $12.70, with proceeds allocated pro rata among participating employees.

First Watch Restaurant Group CFO Hope H. Melville III reported a small, mandatory sale of 3,878 shares of common stock. The shares were sold on March 17, 2026 at a weighted average price of $12.52 per share to cover tax withholding on vested restricted stock units.

The sales were executed by a broker on behalf of multiple employees under the company’s policies and were not discretionary trades by the CFO. After these transactions, Melville directly holds 111,787 shares of First Watch common stock.

First Watch Restaurant Group’s Chief Legal Officer Jay Anthony Wolszczak reported a tax-related sale of 3,161 shares of common stock. The shares were sold by the company on his behalf to cover required tax withholding tied to the vesting of restricted stock units, rather than a discretionary trade. The weighted average sale price was $12.52 per share, based on multiple trades between $11.98 and $12.70. Following these sales, he continues to hold 228,930 shares of First Watch common stock directly.

First Watch Restaurant Group’s Chief Brand Officer, Matthew Eisenacher, reported a sale of 2,760 shares of common stock at a weighted average price of $12.52 per share. These shares were sold by the company’s broker to cover required tax withholding tied to vesting restricted stock units.

The filing explains that this was a mandatory, non-discretionary sell-to-cover transaction carried out on behalf of employees, with prices ranging from $11.98 to $12.70. After this tax-related sale, Eisenacher directly holds 67,223 shares of First Watch common stock.

First Watch Restaurant Group's President and CEO Christopher Anthony Tomasso reported routine share disposals tied to tax withholding and estate planning. On March 10, 2026, 33,314 shares of common stock were sold at a weighted average price of $12.59 per share to cover tax obligations from restricted stock unit vesting under company policies, which the filing states were not discretionary trades by him.

On March 12, 2026, he transferred 71,768 shares of common stock for no consideration to Big Fish Investments LLC in a bona fide gift. After these transactions, he directly holds 982,377 shares, with additional indirect holdings of 71,768 shares through Big Fish Investments LLC and 500 shares held by his daughter, for which he disclaims beneficial ownership except for any pecuniary interest.

First Watch Restaurant Group Chief Development Officer Eric Richard Hartman reported an open-market sale of 4,820 shares of common stock. The shares were sold by the company’s broker at a weighted average price of $12.59 per share to cover tax withholding triggered by restricted stock unit vesting, as required by company policy.

The filing notes this was a mandatory sell-to-cover transaction and not a discretionary trade by Hartman. After these sales, he continues to hold 246,349 shares of First Watch common stock directly.

First Watch Restaurant Group, Inc. reported that CFO and Treasurer Hope H. Melville III had 7,358 shares of common stock sold on March 10, 2026 at a weighted average price of $12.59 per share. This transaction was executed by the company as a mandatory “sell to cover” to satisfy tax withholding obligations tied to the vesting of restricted stock units, and was not a discretionary trade by the executive. After these sales, the reporting person directly owned 115,665 shares of common stock.

First Watch Restaurant Group, Inc. reported that Chief Legal Officer Jay Anthony Wolszczak had 6,998 shares of common stock sold on March 10, 2026 at a weighted average price of $12.59 per share. According to the disclosure, these shares were sold by the company on his behalf as a mandatory sell-to-cover transaction to satisfy tax withholding obligations related to vesting restricted stock units, and did not represent a discretionary trade by him. After these sales, he directly owns 232,091 shares of common stock.

First Watch Restaurant Group’s Chief Operations Officer John Daniel Jones reported a small, tax-related stock sale. The company sold 4,600 shares of common stock on his behalf at a weighted average price of $12.59 per share.

According to the footnotes, this was a mandatory “sell to cover” transaction required by company policy to fund tax withholding on vested restricted stock units, and not a discretionary trade. After the sale, he directly owns 86,422 shares of First Watch common stock.

First Watch Restaurant Group Chief Brand Officer Matthew Eisenacher reported a mandatory sale of 6,070 shares of common stock on March 10, 2026. The shares were sold by the company on his behalf solely to cover tax withholding tied to vesting restricted stock units, not as a discretionary trade.

The weighted average sale price was $12.59 per share, with individual trades executed between $12.40 and $12.73. After these transactions, Eisenacher directly holds 69,983 shares of First Watch Restaurant Group common stock.

First Watch Restaurant Group Chief People Officer Laura Anne Sorensen reported a small share sale tied to tax withholding. She sold 4,732 shares of common stock at a weighted average price of $12.59 per share, in transactions executed by the company’s broker.

The filing explains these were mandatory "sell-to-cover" sales under company policy to cover tax withholding obligations from the vesting of restricted stock units, and not discretionary trades by Sorensen. After these transactions, she directly owns 239,050 shares of First Watch common stock.

First Watch Restaurant Group, Inc. reported that President and CEO Christopher Anthony Tomasso acquired 321,027 shares of common stock through a grant or award on March 1, 2026. These are restricted stock units that vest in three equal annual installments beginning on March 1, 2027, and are subject to possible forfeiture or acceleration.

After this grant, Tomasso directly owned 1,087,459 common shares, and an additional 500 shares were reported as indirectly owned through his daughter.

First Watch Restaurant Group reported that Chief Legal Officer Jay Anthony Wolszczak acquired 36,115 shares of common stock through a restricted stock unit grant. These units carry no purchase price and vest in three equal annual installments starting on March 1, 2027, increasing his direct holdings to 239,089 shares.

Hartman Eric Richard reported acquisition or exercise transactions in this Form 4 filing.

First Watch Restaurant Group, Inc. Chief Development Officer Eric Richard Hartman reported an equity award of 30,096 shares of common stock in the form of restricted stock units. These units vest in three equal annual installments beginning on March 1, 2027, and will be forfeited if vesting conditions are not met. Following this award, Hartman’s directly owned common stock holdings total 251,169 shares.

First Watch Restaurant Group, Inc. Chief Operations Officer John Daniel Jones reported an equity compensation grant in the form of restricted stock units tied to the company’s common stock. He acquired 30,096 units at a stated price of $0.00 per share as a grant, not an open-market purchase. These restricted stock units vest in three equal annual installments beginning on March 1, 2027, and are subject to possible forfeiture or acceleration. After this award, his directly reported holdings in the company’s common stock total 91,022 shares.

First Watch Restaurant Group, Inc. reported that Chief People Officer Laura Anne Sorensen acquired an award of 30,096 restricted stock units of common stock at no cash cost. According to the filing, these units vest in three equal annual installments beginning on March 1, 2027, subject to possible forfeiture or acceleration. After this grant, she directly holds 243,782 shares of common stock.

First Watch Restaurant Group, Inc. reported that Chief Brand Officer Matthew Eisenacher acquired 28,089 shares of common stock through a grant of restricted stock units. These RSUs vest in three equal annual installments beginning on March 1, 2027, and are subject to forfeiture or acceleration. Following this award, he directly holds 76,053 shares.

First Watch Restaurant Group director William A. Kussell reported an option exercise and share sale. On January 22, 2026, he exercised 6,165 stock options at $8.45 per share, receiving the same number of common shares under options granted on August 21, 2017 pursuant to the company’s 2017 Omnibus Equity Incentive Plan. That same day, he sold 6,165 common shares at $17.00 per share under a Rule 10b5-1 trading plan dated September 9, 2025. After these transactions, he directly owned 26,402 common shares and 86,320 stock options.