• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form 144 filed by First Watch Restaurant Group Inc.

    6/3/25 7:42:03 PM ET
    $FWRG
    Restaurants
    Consumer Discretionary
    Get the next $FWRG alert in real time by email
    Form 144 Filer Information UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    Form 144

    NOTICE OF PROPOSED SALE OF SECURITIES
    PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933

    FORM 144

    144: Filer Information

    Filer CIK
    0001034196
    Filer CCC
    XXXXXXXX
    Is this a LIVE or TEST Filing? Radio button checked LIVE Radio button not checked TEST

    Submission Contact Information

    Name
    Phone
    E-Mail Address

    144: Issuer Information

    Name of Issuer
    First Watch Restaurant Group, Inc.
    SEC File Number
    001-40866
    Address of Issuer
    8725 Pendery Place,
    Suite 201
    Bradenton
    FLORIDA
    34201
    Phone
    941-907-9800
    Name of Person for Whose Account the Securities are To Be Sold
    ADVENT INTERNATIONAL, L.P.
    See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

    Relationship to Issuer
    Owner

    144: Securities Information

    Title of the Class of Securities To Be SoldName and Address of the BrokerNumber of Shares or Other Units To Be SoldAggregate Market ValueNumber of Shares or Other Units OutstandingApproximate Date of SaleName the Securities Exchange
    Common Stock, $0.01 par value per share
    BofA Securities, Inc.
    One Bryant Park
    8th Floor
    New York � NY � 10036
    4500000661500006099321406/03/2025
    Nasdaq


    Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

    144: Securities To Be Sold

    Title of the ClassDate you AcquiredNature of Acquisition TransactionName of Person from Whom AcquiredIs this a Gift?Date Donor AcquiredAmount of Securities AcquiredDate of PaymentNature of Payment *
    Common Stock, $0.01 par value per share08/21/2017The Filer acquired the shares in connection with a merger transaction in which funds affiliated with or managed by the Filer acquired a majority equity stake in a wholly-owned subsidiary of First Watch Restaurant Group, Inc.IssuerCheckbox not checked4673978408/21/2017Cash

    * If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



    Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

    144: Securities Sold During The Past 3 Months

    Nothing to ReportCheckbox checked

    144: Remarks and Signature

    Remarks
    Various funds affiliated with Advent International, L.P. sold an aggregate of 4,500,000 shares of Common Stock.
    Date of Notice
    06/03/2025

    ATTENTION:

    The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
    Signature
    /s/ Neil Crawford

    ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

    Get the next $FWRG alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $FWRG

    DatePrice TargetRatingAnalyst
    4/1/2025$22.00Hold → Buy
    TD Cowen
    10/17/2024$20.00Overweight
    Stephens
    8/27/2024$23.00Buy
    The Benchmark Company
    1/4/2024$22.00 → $20.00Buy → Hold
    Stifel
    10/18/2023$24.00 → $22.00Outperform → Strong Buy
    Raymond James
    7/18/2023$22.00Overweight
    Piper Sandler
    4/12/2022$22.00 → $17.00Buy
    Citigroup
    1/27/2022$24.50 → $22.00Neutral → Buy
    Citigroup
    More analyst ratings

    $FWRG
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    President and CEO Tomasso Christopher Anthony sold $1,800,000 worth of shares (100,000 units at $18.00), decreasing direct ownership by 12% to 766,432 units (SEC Form 4)

    4 - First Watch Restaurant Group, Inc. (0001789940) (Issuer)

    8/15/25 4:02:06 PM ET
    $FWRG
    Restaurants
    Consumer Discretionary

    Large owner Advent International, L.P. sold $88,500,000 worth of shares (5,000,000 units at $17.70) (SEC Form 4)

    4 - First Watch Restaurant Group, Inc. (0001789940) (Issuer)

    8/12/25 8:22:31 PM ET
    $FWRG
    Restaurants
    Consumer Discretionary

    Large owner Advent International, L.P. sold $66,150,000 worth of shares (4,500,000 units at $14.70) (SEC Form 4)

    4 - First Watch Restaurant Group, Inc. (0001789940) (Issuer)

    6/5/25 4:44:21 PM ET
    $FWRG
    Restaurants
    Consumer Discretionary

    $FWRG
    SEC Filings

    View All

    Amendment: SEC Form SCHEDULE 13G/A filed by First Watch Restaurant Group Inc.

    SCHEDULE 13G/A - First Watch Restaurant Group, Inc. (0001789940) (Subject)

    8/12/25 9:34:16 PM ET
    $FWRG
    Restaurants
    Consumer Discretionary

    Amendment: First Watch Restaurant Group Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

    8-K/A - First Watch Restaurant Group, Inc. (0001789940) (Filer)

    8/11/25 4:49:52 PM ET
    $FWRG
    Restaurants
    Consumer Discretionary

    First Watch Restaurant Group Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

    8-K - First Watch Restaurant Group, Inc. (0001789940) (Filer)

    8/8/25 4:52:17 PM ET
    $FWRG
    Restaurants
    Consumer Discretionary

    $FWRG
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    $FWRG
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    $FWRG
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    First Watch Restaurant Group, Inc. Announces Secondary Offering of Common Stock

    BRADENTON, Fla., Aug. 06, 2025 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. ("FWRG" or the "Company") (NASDAQ:FWRG), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced the launch of an underwritten secondary offering (the "Offering") by certain funds managed by Advent International, L.P. (the "Selling Stockholders") of 5,000,000 shares of the Company's common stock ("Common Stock"). The Selling Stockholders will receive all of the proceeds from the Offering. The Company is not selling any shares of Common Stock in the Offering and will not receive any proceeds from the Offering. Barclays and Goldman Sachs & Co. LLC are acting as the

    8/6/25 4:43:54 PM ET
    $FWRG
    Restaurants
    Consumer Discretionary

    First Watch Restaurant Group, Inc. Reports Q2 2025 Financial Results and Reaches 600th System-Wide Restaurant Milestone

    Total revenues increased 19.1%Net income of $2.1 million and Adjusted EBITDA of $30.4 million17 new system-wide restaurants opened in 8 statesRaising 2025 Adjusted EBITDA guidance BRADENTON, Fla., Aug. 05, 2025 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ:FWRG) ("First Watch" or the "Company"), the leading Daytime Dining concept serving breakfast, brunch and lunch, today reported financial results for the thirteen weeks ended June 29, 2025 ("Q2 2025"). "We delivered both positive same restaurant traffic growth and same restaurant sales growth in the second quarter, representing three consecutive quarters of sequential improvement," stated Chris Tomasso, CEO and Pres

    8/5/25 7:00:00 AM ET
    $FWRG
    Restaurants
    Consumer Discretionary

    Philz Coffee Partners with Freeman Spogli for Next Phase of Growth

    Beloved coffee brand prepares to expand while staying true to its roots and mission OAKLAND, Calif., Aug. 4, 2025 /PRNewswire/ -- Philz Coffee, a beloved specialty coffee brand known for its personalized, made-to-order drinks and welcoming cafe culture for more than 20 years, has entered into a definitive agreement to be acquired by Freeman Spogli, a strategic growth investor in the consumer services and multi-unit industries. The transaction is expected to close on Aug. 6, 2025. Philz will continue to be led by CEO Mahesh Sadarangani, who first joined Philz in 2021, and the existing leadership team. Philz' management, team members, and customer-centered values remain at the heart of its vi

    8/4/25 12:46:00 PM ET
    $BOOT
    $FND
    $FWRG
    Clothing/Shoe/Accessory Stores
    Consumer Discretionary
    RETAIL: Building Materials
    Restaurants

    First Watch Restaurant Group upgraded by TD Cowen with a new price target

    TD Cowen upgraded First Watch Restaurant Group from Hold to Buy and set a new price target of $22.00

    4/1/25 9:00:07 AM ET
    $FWRG
    Restaurants
    Consumer Discretionary

    Stephens initiated coverage on First Watch Restaurant Group with a new price target

    Stephens initiated coverage of First Watch Restaurant Group with a rating of Overweight and set a new price target of $20.00

    10/17/24 7:39:12 AM ET
    $FWRG
    Restaurants
    Consumer Discretionary

    The Benchmark Company initiated coverage on First Watch Restaurant Group with a new price target

    The Benchmark Company initiated coverage of First Watch Restaurant Group with a rating of Buy and set a new price target of $23.00

    8/27/24 7:30:03 AM ET
    $FWRG
    Restaurants
    Consumer Discretionary

    Director Jemley Charles bought $247,500 worth of shares (15,000 units at $16.50), increasing direct ownership by 184% to 23,134 units (SEC Form 4)

    4 - First Watch Restaurant Group, Inc. (0001789940) (Issuer)

    5/14/25 4:12:57 PM ET
    $FWRG
    Restaurants
    Consumer Discretionary

    $FWRG
    Financials

    Live finance-specific insights

    View All

    First Watch Restaurant Group, Inc. Reports Q2 2025 Financial Results and Reaches 600th System-Wide Restaurant Milestone

    Total revenues increased 19.1%Net income of $2.1 million and Adjusted EBITDA of $30.4 million17 new system-wide restaurants opened in 8 statesRaising 2025 Adjusted EBITDA guidance BRADENTON, Fla., Aug. 05, 2025 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ:FWRG) ("First Watch" or the "Company"), the leading Daytime Dining concept serving breakfast, brunch and lunch, today reported financial results for the thirteen weeks ended June 29, 2025 ("Q2 2025"). "We delivered both positive same restaurant traffic growth and same restaurant sales growth in the second quarter, representing three consecutive quarters of sequential improvement," stated Chris Tomasso, CEO and Pres

    8/5/25 7:00:00 AM ET
    $FWRG
    Restaurants
    Consumer Discretionary

    First Watch Restaurant Group, Inc. to Report Second Quarter 2025 Financial Results on August 5, 2025

    BRADENTON, Fla., July 22, 2025 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ:FWRG) ("First Watch" or the "Company"), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced that it plans to release its second quarter 2025 financial results on Tuesday, August 5, 2025, before the market opens. A conference call and webcast will follow at 8:00 AM ET, hosted by Chris Tomasso, Chief Executive Officer and President, and Mel Hope, Chief Financial Officer. Interested parties may listen to the conference call via any one of three options: Dial 201-389-0914, which will be answered by an operatorPre-register by entering your information at this Call

    7/22/25 8:00:00 AM ET
    $FWRG
    Restaurants
    Consumer Discretionary

    First Watch Restaurant Group, Inc. Reports Q1 2025 Financial Results

    Total revenues increased 16.4%Net loss of $(0.8) million and Adjusted EBITDA of $22.8 million13 new system-wide restaurants opened in 10 states BRADENTON, Fla., May 06, 2025 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ:FWRG) ("First Watch" or the "Company"), the leading Daytime Dining concept serving breakfast, brunch and lunch, today reported financial results for the thirteen weeks ended March 30, 2025 ("Q1 2025"). "First quarter same restaurant traffic results are encouraging and continued the trends we experienced exiting 2024, demonstrating both the strength and the resilience of the First Watch brand," said Chris Tomasso, CEO and President of First Watch. "Additio

    5/6/25 7:00:00 AM ET
    $FWRG
    Restaurants
    Consumer Discretionary

    $FWRG
    Leadership Updates

    Live Leadership Updates

    View All

    First Watch Restaurant Group, Inc. Announces Appointment of Charles Jemley and Michael Fleisher to Board of Directors

    BRADENTON, Fla., Aug. 22, 2024 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ:FWRG) ("First Watch" or the "Company"), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced the appointment of Charles Jemley to its Board of Directors and as Chair of the Audit Committee effective immediately and the appointment of Michael Fleisher to its Board of Directors effective November 1, 2024. "We are pleased to welcome Charley and Michael to our Board of Directors, and we look forward to leaning on their extensive financial management expertise as we continue to scale the First Watch brand," said Ralph Alvarez, Chairman of the Board of Directors of Fi

    8/22/24 4:34:15 PM ET
    $FCPT
    $FWRG
    $SQSP
    Real Estate Investment Trusts
    Real Estate
    Restaurants
    Consumer Discretionary

    First Watch Announces Appointment of Jostein Solheim to Board of Directors

    BRADENTON, Fla., Dec. 06, 2023 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ:FWRG) ("First Watch" or the "Company"), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced the appointment of Jostein Solheim to its Board of Directors effective immediately. Solheim is an experienced chief executive officer who currently serves as the CEO, Health & Wellbeing at Unilever PLC. "We are excited to welcome Jostein to the Board of Directors of First Watch, and we look forward to leveraging his extensive marketing and brand management expertise," said Ralph Alvarez, Chairman of the Board of Directors of First Watch. "Jostein is a proven leader

    12/6/23 4:30:07 PM ET
    $FWRG
    Restaurants
    Consumer Discretionary

    First Watch Announces Appointment of Irene Chang Britt to Board of Directors

    BRADENTON, Fla., July 19, 2023 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ:FWRG) ("First Watch" or the "Company"), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced the appointment of Irene Chang Britt to its Board of Directors, effective immediately. Ms. Chang Britt is an experienced independent board director and former Fortune 500 C-suite executive, who currently serves on the boards of established businesses and start-up companies representing a variety of industries, including retail, CPG, e-commerce and lifestyle. "We are thrilled to welcome Irene to the Board of Directors of First Watch, and I'm confident that our company wil

    7/19/23 4:15:00 PM ET
    $BHF
    $FWRG
    $IDXX
    Life Insurance
    Finance
    Restaurants
    Consumer Discretionary

    $FWRG
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    SEC Form SC 13G/A filed by First Watch Restaurant Group Inc. (Amendment)

    SC 13G/A - First Watch Restaurant Group, Inc. (0001789940) (Subject)

    2/14/24 4:00:38 PM ET
    $FWRG
    Restaurants
    Consumer Discretionary

    SEC Form SC 13G/A filed by First Watch Restaurant Group Inc. (Amendment)

    SC 13G/A - First Watch Restaurant Group, Inc. (0001789940) (Subject)

    2/14/23 1:21:39 PM ET
    $FWRG
    Restaurants
    Consumer Discretionary

    SEC Form SC 13G filed by First Watch Restaurant Group Inc.

    SC 13G - First Watch Restaurant Group, Inc. (0001789940) (Subject)

    2/14/22 7:55:28 AM ET
    $FWRG
    Restaurants
    Consumer Discretionary