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First Watch Restaurant Group, Inc. (FWRG) is the subject of an amended Schedule 13G/A in which The Bank of New York Mellon Corporation reports beneficial ownership of 2,784,217 common shares, or 4.5%, as of September 30, 2026. Separate reporting-person cover pages report beneficial ownership of 2,647,190 shares (4.3%) for BNY Mellon IHC, LLC; 2,647,190 shares (4.3%) for MBC Investments Corp; and 2,541,819 shares (4.1%) for Newton Investment Management North America, LLC.
Key Figures
Beneficially owned — The Bank of New York Mellon Corporation:2,784,217 sharesPercent of class — The Bank of New York Mellon Corporation:4.5%Beneficially owned — BNY Mellon IHC, LLC:2,647,190 shares+5 more
8 metrics
Beneficially owned — The Bank of New York Mellon Corporation2,784,217 shares4.5% of the class as of September 30, 2026
Percent of class — The Bank of New York Mellon Corporation4.5%As of September 30, 2026
Beneficially owned — BNY Mellon IHC, LLC2,647,190 shares4.3% of the class as of September 30, 2026
Percent of class — BNY Mellon IHC, LLC4.3%As of September 30, 2026
Beneficially owned — MBC Investments Corp2,647,190 shares4.3% of the class as of September 30, 2026
Percent of class — MBC Investments Corp4.3%As of September 30, 2026
Beneficially owned — Newton Investment Management North America, LLC2,541,819 shares4.1% of the class as of September 30, 2026
Percent of class — Newton Investment Management North America, LLC4.1%As of September 30, 2026
Key Terms
beneficially owned, Sole Voting Power, Shared Dispositive Power
3 terms
beneficially ownedfinancial
"Amount beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Powerfinancial
"Sole Voting Power 2,498,170.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Shared Dispositive Powerfinancial
"Shared Dispositive Power 1,615,663.00"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many FWRG shares does The Bank of New York Mellon Corporation report?
The Bank of New York Mellon Corporation reports beneficial ownership of 2,784,217 First Watch common shares, or 4.5%, as of September 30, 2026.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
First Watch Restaurant Group, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
33748L101
(CUSIP Number)
09/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
33748L101
1
Names of Reporting Persons
Bank of New York Mellon Corp
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
NEW YORK
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,498,170.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,168,554.00
8
Shared Dispositive Power
1,615,663.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,784,217.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.5 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP Number(s):
33748L101
1
Names of Reporting Persons
BNY Mellon IHC, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
NEW YORK
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,361,143.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,056,754.00
8
Shared Dispositive Power
1,590,436.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,647,190.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.3 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP Number(s):
33748L101
1
Names of Reporting Persons
MBC Investments Corp
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,361,143.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,056,754.00
8
Shared Dispositive Power
1,590,436.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,647,190.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.3 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP Number(s):
33748L101
1
Names of Reporting Persons
Newton Investment Management North America, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,276,537.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
951,383.00
8
Shared Dispositive Power
1,590,436.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,541,819.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.1 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
First Watch Restaurant Group, Inc.
(b)
Address of issuer's principal executive offices:
8725 PENDERY PLACE, SUITE 201, BRADENTON, FLORIDA, 34201.
Item 2.
(a)
Name of person filing:
The Bank of New York Mellon Corporation
(b)
Address or principal business office or, if none, residence:
240 Greenwich Street
New York, New York 10286
(c)
Citizenship:
See cover page
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
33748L101
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
See Item 5 through 9 and 11 of cover page(s) as to each reporting person.
The filing of this Schedule 13G shall not be construed as an admission that The Bank of New York Mellon Corporation, or its direct or indirect subsidiaries, including The Bank of New York Mellon and BNY Mellon, National Association, are for the purposes of Section 13(d) or 13(g) of the Act, the beneficial owners of any securities covered by this Schedule 13G.
(b)
Percent of class:
See Item 5 through 9 and 11 of cover page(s) as to each reporting person.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See Item 5 through 9 and 11 of cover page(s) as to each reporting person.
(ii) Shared power to vote or to direct the vote:
See Item 5 through 9 and 11 of cover page(s) as to each reporting person.
(iii) Sole power to dispose or to direct the disposition of:
See Item 5 through 9 and 11 of cover page(s) as to each reporting person.
(iv) Shared power to dispose or to direct the disposition of:
See Item 5 through 9 and 11 of cover page(s) as to each reporting person.
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Exhibit I.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
