First Watch Restaurant Group, Inc.

First Watch Restaurant Group, Inc.

FWRG·NASDAQ

$10.53

+0.86%
Consumer CyclicalRestaurants

First Watch Restaurant Group, Inc. operates and franchises restaurants under the First Watch trade name. As of March 23, 2022, it operated 341 company-owned restaurants and 94 franchised restaurants in 28 states in the United States. The company was formerly known as AI Fresh Super Holdco, Inc. and changed its name to First Watch Restaurant Group, Inc. in December 2019. First Watch Restaurant Group, Inc. was founded in 1983 and is headquartered in Bradenton, Florida.

At a Glance

Live Snapshot
Market Cap$649.12M
EPS0.3200
P/E Ratio32.91
Earnings Date08/04/2026
2.03%
Return on Invested Capital
11%
3Y+130.0%
5Y-159.0%
10Y+63.0%
3.10%
Return on Equity
-2%
3Y+135.0%
5Y-120.0%
10Y-194.0%
1.12%
Return on Assets
-11%
3Y+78.0%
5Y-123.0%
10Y-160.0%
First Watch Restaurant Group, Inc.

First Watch Restaurant Group, Inc. Management Team

FWRG · NASDAQ
MC

Mr. Christopher A. Tomasso

Chief Executive Officer, President & Director

Compensation

$1,922,838

Born 1971(Age 55)
male
MH

Mr. Henry Melville Hope III

Chief Financial Officer & Treasurer

Compensation

$815,667

Born 1962(Age 64)
male
MR

Mr. Robert Conti

Chief Information Officer

Born 1971(Age 55)
male
MJ

Mr. Jay Anthony Wolszczak

Chief Legal Officer, General Counsel & Secretary

Compensation

$842,026

Born 1970(Age 56)
male
MJ

Mr. John Daniel Jones

Chief Operations Officer

Born 1980(Age 46)
male
ML

Ms. Laura Anne Sorensen

Chief People Officer

Compensation

$549,451

Born 1974(Age 52)
female
MC

Ms. Christie Price Foster

Senior Vice President of Accounting & Financial Reporting

female
MS

Mr. Shane Schaibly

Senior Vice President of Culinary Strategy of First Watch Restaurants Inc

Born 1983(Age 43)
male
ML

Ms. Lilah Rippett

Senior Vice President of Supply Chain of First Watch Restaurants, Inc

Born 1959(Age 67)
female
MS

Mr. Steven Louis Marotta C.F.A.

Vice President of Investor Relations

male
fwrg

First Watch Restaurant Group, Inc. Insider Positioning

FWRG · NASDAQ

During the last 12 months, insiders have sold $169.19M worth of FWRG shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

74.7K

937.06K

Net Activity

-937K

-$937K

3-6 Months

Bought

0

0.00

Sold

12.3K

209.61K

Net Activity

-210K

-$210K

6-9 Months

Bought

0

0.00

Sold

4.4M

77.75M

Net Activity

-77.7M

-$77.75M

9-12 Months

Bought

0

0.00

Sold

5.1M

90.30M

Net Activity

-90.3M

-$90.30M

Top Buyers

No buying activity

Top Sellers

1
AIL

Advent International, L.P.

10 Percent Owner

9.4M shares2 transactions

$166.25M

2
TCA

Tomasso Christopher Anthony

Director, Officer: President And Ceo

125.1K shares2 transactions

$2.11M

3
KWA

Kussell William A

Director

12.3K shares2 transactions

$210K

4
HHMI

Hope H Melville Iii

Officer: Cfo And Treasurer

11.2K shares2 transactions

$141K

5
WJA

Wolszczak Jay Anthony

Officer: Chief Legal Officer, Gc & Secy

10.2K shares2 transactions

$128K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $169.19M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$937K

Heavy recent selling activity. Recent insider sales notably exceed purchases—may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.

SEC Filings

FWRG - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
DEF 14A

DEF 14A 2026

N/A

April 08, 2026
May 20, 2026
2026
DEF 14A

DEF 14A 2025

N/A

April 08, 2025
May 21, 2025
2025
DEF 14A

DEF 14A 2024

N/A

April 08, 2024
May 22, 2024
2024
DEF 14A

DEF 14A 2023

N/A

April 10, 2023
May 23, 2023
2023
DEF 14A

DEF 14A 2022

N/A

April 11, 2022
May 24, 2022
2022
Showing 1 to 5 of 5 filings