First Watch Restaurant FWRG Insider Ownership

NASDAQ FWRG

$11.97 -0.19 (-1.56%)

At close: Oct 20, 2026 · 4:00 PM EDT

Insider Holdings by Owner

142.34Mn Shares

Insider Ownership Statistics

as of 30 Sep, 2026

Insider Ownership

44.00%

■0% pp QoQ

Shares Held by Insiders

27.15Mn

filed for Sep 2026

■0.00% QoQ

Shares Outstanding

61.71Mn

61,712,435 shares

Direct Holdings

2.67Mn

Indirect: 24.48Mn

Net Shares Traded (QoQ)

no net change in Sep 2026

Insiders Holding Shares

with Form 4 holdings on file

Shares Owned by Insiders

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Insiders

Bought Sold

Latest quarter —

Net over range —

Buying quarters —

Insider Ownership Summary

Updated Oct 10, 2026

Over the past 12 months, First Watch Restaurant insiders sold $1.54 million of stock on the open market (118.6K shares) and made no open-market purchases.

Behind First Watch Restaurant's open-market sales in the past 12 months were 8 insiders, and no insider bought.
Christopher Anthony Tomasso (President and CEO) sold the most First Watch Restaurant stock on the open market over the past 12 months, $733,200 (58.38K shares), most recently on March 17, 2026.
In transactions other than open-market trades, First Watch Restaurant insiders received 875.09K shares in stock awards, acquired 12.33K shares through option exercises and conversions and gave away 71.77K shares as gifts over the past 12 months.
Business Quant data puts insider holdings in FWRG at 27.15Mn shares across insiders' latest Form 4 filings, or 44.00% of the 61.71Mn shares outstanding; that total is unchanged from 27.15Mn shares at the end of Q2 2026.
Indirect holdings, through trusts, partnerships, family members and other entities, make up 90.15% (24.48Mn shares) of First Watch Restaurant's insider total, with the other 9.85% (2.67Mn shares) held directly.
Business Quant counts 18 insiders with holdings in First Watch Restaurant stock, among the officers, directors and 10% owners who have filed a Form 4 in the past two years.
First Watch Restaurant's top three insider holders by shares held are Advent Partners Gpe VIII Limited Partnership (10% owner, 19.19Mn shares), Advent International, L.P. (10% owner, 5.29Mn shares) and Christopher Anthony Tomasso (President and CEO, 957.32K shares).
Advent Partners Gpe VIII Limited Partnership holds 70.67% of the combined insider position in First Watch Restaurant.
In the last 12 months, 35 Form 4 filings with transactions in FWRG stock came from 16 insiders.
These insider figures for First Watch Restaurant are based on Form 4 filings through June 10, 2026.

Form 4 Holdings

Insiders Holding FWRG

Insiders 25

Shares held 142.34Mn

Of outstanding 230.65%

#	Insider	Position	Direct	Indirect	Total	Share of Insiders	Last Filed
1	Michael James White	Director	0	41,564,784	41,564,784	29.2%	11 Oct, 2022
2	Tricia Glynn	Director	0	27,189,784	27,189,784	19.1%	14 Mar, 2024
3	David Paresky	Director	0	27,189,784	27,189,784	19.1%	14 Mar, 2024
4	Partners Gpe Viii Limited Partnership Advent	TenPercentOwner	0	19,189,784	19,189,784	13.5%	15 Nov, 2024
5	International Gpe Viii-I Limited Partnership Advent	TenPercentOwner	0	19,189,784	19,189,784	13.5%	15 Nov, 2024
6	International, L.P. Advent	TenPercentOwner	0	5,289,784	5,289,784	3.7%	10 Sep, 2025
7	Christopher Anthony Tomasso	President And Ceo	957,315	0	957,315	0.7%	19 Mar, 2026
8	Ralph Alvarez	Director	440,471	0	440,471	0.3%	22 May, 2026
9	Eric Richard Hartman	Chief Development Officer	244,530	0	244,530	0.2%	19 Mar, 2026
10	Laura Anne Sorensen	Chief People Officer	237,353	0	237,353	0.2%	19 Mar, 2026
11	Jay Anthony Wolszczak	Chief Legal Officer, Gc Secy	228,930	0	228,930	0.2%	19 Mar, 2026
12	H Melville Iii Hope	Cfo And Treasurer	111,787	0	111,787	0.1%	19 Mar, 2026
13	John Daniel Jones	Chief Operations Officer	84,725	0	84,725	0.1%	19 Mar, 2026
14	Matthew Eisenacher	Chief Brand Officer	67,223	0	67,223	0.0%	19 Mar, 2026
15	Ashlee Suzanne Weisser	Chief Financial Officer	64,365	0	64,365	0.0%	10 Jun, 2026
16	Charles Jemley	Director	44,278	0	44,278	0.0%	22 May, 2026
17	Stephanie Lilak	Director	39,361	0	39,361	0.0%	22 May, 2026
18	William A Kussell	Director	38,747	0	38,747	0.0%	22 May, 2026
19	Michael D Fleisher	Director	37,450	0	37,450	0.0%	22 May, 2026
20	Irene Chang Britt	Director	31,645	0	31,645	0.0%	22 May, 2026
21	Jostein Solheim	Director	31,601	0	31,601	0.0%	22 May, 2026
22	Rachel K Tipograph	Director	21,647	0	21,647	0.0%	22 May, 2026
23	Calum Alasdair Johnstone Middleton	Chief Strategy Officer	21,641	0	21,641	0.0%	13 Mar, 2023
24	Julie Mb Bradley	Director	17,603	0	17,603	0.0%	24 May, 2024
25	Lisa Marguerite Price	Director	6,854	0	6,854	0.0%	27 May, 2022

Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.

Form 4 Filings

203 Insider Transactions

Source SEC Form 4

Latest quarter Sep 2026

Date	Insider	Position	Transaction	Shares	Price	Value	Shares Held After	Ownership
08 Jun, 2026	Ashlee Suzanne Weisser	Chief Financial Officer	Acquired A	26,595	$0.00	$0	64,365	Direct
21 May, 2026	Irene Chang Britt	Director	Acquired A	12,345	$0.00	$0	31,645	Direct
21 May, 2026	Charles Jemley	Director	Acquired A	12,345	$0.00	$0	44,278	Direct
21 May, 2026	Michael D Fleisher	Director	Acquired A	12,345	$0.00	$0	29,297	Direct
21 May, 2026	Ralph Alvarez	Director	Acquired A	17,636	$0.00	$0	440,471	Direct
21 May, 2026	William A Kussell	Director	Acquired A	12,345	$0.00	$0	38,747	Direct
21 May, 2026	Jostein Solheim	Director	Acquired A	12,345	$0.00	$0	31,601	Direct
21 May, 2026	Stephanie Lilak	Director	Acquired A	12,345	$0.00	$0	39,361	Direct
21 May, 2026	Rachel K Tipograph	Director	Acquired A	12,345	$0.00	$0	21,647	Direct
17 Mar, 2026	John Daniel Jones	Chief Operations Officer	Disposed S	1,697	$12.52	$21.25K	84,725	Direct
17 Mar, 2026	Laura Anne Sorensen	Chief People Officer	Disposed S	1,697	$12.52	$21.25K	237,353	Direct
17 Mar, 2026	H Melville Iii Hope	Cfo And Treasurer	Disposed S	3,878	$12.52	$48.55K	111,787	Direct
17 Mar, 2026	Eric Richard Hartman	Chief Development Officer	Disposed S	1,819	$12.52	$22.77K	244,530	Direct
17 Mar, 2026	Christopher Anthony Tomasso	President And Ceo	Disposed S	25,062	$12.52	$313.78K	957,315	Direct
17 Mar, 2026	Jay Anthony Wolszczak	Chief Legal Officer, Gc Secy	Disposed S	3,161	$12.52	$39.58K	228,930	Direct
17 Mar, 2026	Matthew Eisenacher	Chief Brand Officer	Disposed S	2,760	$12.52	$34.56K	67,223	Direct
10 Mar, 2026	John Daniel Jones	Chief Operations Officer	Disposed S	4,600	$12.59	$57.91K	86,422	Direct
10 Mar, 2026	Laura Anne Sorensen	Chief People Officer	Disposed S	4,732	$12.59	$59.58K	239,050	Direct
10 Mar, 2026	H Melville Iii Hope	Cfo And Treasurer	Disposed S	7,358	$12.59	$92.64K	115,665	Direct
10 Mar, 2026	Eric Richard Hartman	Chief Development Officer	Disposed S	4,820	$12.59	$60.68K	246,349	Direct

Showing 1 to 20 of 203 transactions