First Watch Restaurant Group, Inc.
US ˙ NasdaqGS ˙ US33748L1017

SecurityFWRG / First Watch Restaurant Group, Inc.
InsiderAdvent International Corp/ma
This page shows the track record and history of ADVENT INTERNATIONAL CORP/MA insider trades in First Watch Restaurant Group, Inc.. The SEC defines Insiders as officers, directors, or significant investors (greater than 10% ownership) in a company. It is illegal for insiders to make trades in their companies based on material, non-public information ("MNPI"). This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4.
Insider Purchases - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made by Advent International Corp/ma in FWRG / First Watch Restaurant Group, Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Max		 Price at
Max		 Max
Profit ($)		 Max Return (%)
There are no known unplanned open-market trades for this insider

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

FWRG / First Watch Restaurant Group, Inc. Insider Trades
Insider Sales - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made by Advent International Corp/ma in FWRG / First Watch Restaurant Group, Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Min		 Price at
Min		 Max Loss
Avoided ($)		 Max Loss
Avoided (%)
2025-09-08 4,400,000 17.6700 4,400,000 17.6700 77,748,000 11 15.9400 -7,612,000 -9.79
2025-08-08 5,000,000 17.7000 5,000,000 17.7000 88,500,000
2025-06-03 4,500,000 14.7000 4,500,000 14.7000 66,150,000
2024-11-13 8,000,000 19.7600 8,000,000 19.7600 158,080,000
2024-03-12 6,900,000 23.9900 6,900,000 23.9900 165,531,000
2023-05-18 4,025,000 15.4700 4,025,000 15.4700 62,266,750

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

FWRG / First Watch Restaurant Group, Inc. Insider Trades
Insider Transaction History
File
Date		 Trade
Date		 Form Insider Ticker Security Title Code 10b5-1 Direct Exercise
Price		 Unit
Price		 Units
Changed		 Value
Changed (1K)		 Remaining
Options		 Remaining
Shares
2025-09-10 2025-09-08 4 ADVENT INTERNATIONAL CORP/MA See footnotes FWRG Common Stock S - Sale I 17.6700 -4,400,000 -77,748 5,289,784
2025-08-12 2025-08-08 4 ADVENT INTERNATIONAL CORP/MA See footnotes FWRG Common Stock S - Sale I 17.7000 -5,000,000 -88,500 9,689,784
2025-06-05 2025-06-03 4 ADVENT INTERNATIONAL CORP/MA See footnotes FWRG Common Stock S - Sale I 14.7000 -4,500,000 -66,150 14,689,784
2024-11-15 2024-11-13 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock S - Sale I 19.7600 -8,000,000 -158,080 19,189,784
2024-03-14 2024-03-12 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock S - Sale I 23.9900 -6,900,000 -165,531 27,189,784
2024-03-14 2024-03-12 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock S - Sale I 23.9900 -6,900,000 -165,531 27,189,784
2024-03-14 2024-03-12 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock S - Sale I 23.9900 -6,900,000 -165,531 27,189,784
2023-07-06 2023-07-03 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock S - Sale I 16.4240 -450,000 -7,391 34,089,784
2023-07-06 2023-07-03 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock S - Sale I 16.4240 -450,000 -7,391 34,089,784
2023-07-06 2023-07-03 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock S - Sale I 16.4240 -450,000 -7,391 34,089,784
2023-06-15 2023-06-13 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock S - Sale I 16.4240 -3,000,000 -49,272 34,539,784
2023-06-15 2023-06-13 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock S - Sale I 16.4240 -3,000,000 -49,272 34,539,784
2023-06-15 2023-06-13 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock S - Sale I 16.4240 -3,000,000 -49,272 34,539,784
2023-05-22 2023-05-18 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock S - Sale I 15.4700 -4,025,000 -62,267 37,539,784
2023-05-22 2023-05-18 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock S - Sale I 15.4700 -4,025,000 -62,267 37,539,784
2023-05-22 2023-05-18 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock S - Sale I 15.4700 -4,025,000 -62,267 37,539,784
2022-10-11 2022-10-06 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock S - Sale I 14.8025 -675,000 -9,992 41,564,784
2022-10-11 2022-10-06 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock S - Sale I 14.8025 -675,000 -9,992 41,564,784
2022-10-11 2022-10-06 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock S - Sale I 14.8025 -675,000 -9,992 41,564,784
2022-09-21 2022-09-19 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock S - Sale I 14.8025 -4,500,000 -66,611 42,239,784
2022-09-21 2022-09-19 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock S - Sale I 14.8025 -4,500,000 -66,611 42,239,784
2022-09-21 2022-09-19 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock S - Sale I 14.8025 -4,500,000 -66,611 42,239,784
2021-10-07 2021-10-05 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Preferred Stock C - Conversion I -266,668 0
2021-10-07 2021-10-05 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock J - Other I -48,170,596 0
2021-10-07 2021-10-05 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock C - Conversion I 3,156,812 48,170,596
2021-10-07 2021-10-05 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Preferred Stock C - Conversion I -266,668 0
2021-10-07 2021-10-05 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock J - Other I -48,170,596 0
2021-10-07 2021-10-05 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock C - Conversion I 3,156,812 48,170,596
2021-10-07 2021-10-05 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Preferred Stock C - Conversion I -266,668 0
2021-10-07 2021-10-05 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock J - Other I -48,170,596 0
2021-10-07 2021-10-05 4 ADVENT INTERNATIONAL CORP/MA See Notes FWRG Common Stock C - Conversion I 3,156,812 48,170,596
2021-10-01 3 AI Fresh Topco GP, LLC See notes FWRG Common Stock I 45,013,784
2021-10-01 3 GPE VIII GP Limited Partnership See notes FWRG Common Stock I 45,013,784
2021-10-01 3 Advent International GPE VIII-H Limited Partnership See notes FWRG Common Stock I 45,013,784
P
Köp på öppna marknaden eller privat köp av icke-derivatsäkerhet
S
Köp på öppna marknaden eller privat försäljning av icke-derivatsäkerhet
A
Bevilja, tilldelning eller annat förvärv av värdepapper från företaget (såsom en option)
C
Omvandling av derivat
D
Försäljning eller överföring av värdepapper tillbaka til företaget
F
Betalning av lösenpris eller skatteskuld med del av värdepapper som erhållits från bolaget
G
Överlåtelse av värdepapper från eller till insidern
K
Aktieswappar och liknande säkringsaffärer
M
Utövande eller omvandling av derivatsäkerhet som erhållits från företaget (som en option)
V
En transaktion friviligt rapporterad på schema 4
J
Andra (med en fotnot som beskriver transaktionen)