William A. Kussell - 21 Dec 2023 Form 4 Insider Report for First Watch Restaurant Group, Inc. (FWRG)

Role
Director
Signature
By: /s/ Jay Wolszczak, attorney-in-fact for William A. Kussell
Issuer symbol
FWRG
Transactions as of
21 Dec 2023
Net transactions value
-$100,000
Form type
4
Filing time
26 Dec 2023, 16:05:32 UTC
Previous filing
29 Aug 2023
Next filing
23 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FWRG Common Stock Sale $100,000 -5,000 -12% $20.00 35,795 21 Dec 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Transaction pursuant to a 10b5-1 Trading Plan adopted May 26, 2023.