William A. Kussell - 22 Jan 2026 Form 4 Insider Report for First Watch Restaurant Group, Inc. (FWRG)

Role
Director
Signature
/s/ Jay Wolszczak, as attorney-in-fact
Issuer symbol
FWRG
Transactions as of
22 Jan 2026
Net transactions value
-$104,805
Form type
4
Filing time
26 Jan 2026, 16:11:24 UTC
Previous filing
11 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kussell William A Director C/O FIRST WATCH RESTAURANT GROUP, INC., 8725 PENDERY PLACE, STE. 201, BRADENTON /s/ Jay Wolszczak, as attorney-in-fact 26 Jan 2026 0001518338

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FWRG Common Stock Options Exercise $52,094 +6,165 +23% $8.45 32,567 22 Jan 2026 Direct F1
transaction FWRG Common Stock Sale $104,805 -6,165 -19% $17.00 26,402 22 Jan 2026 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FWRG Stock Option (right to buy) Options Exercise $52,094 -6,165 -6.7% $8.45 86,320 22 Jan 2026 Common Stock 6,165 $8.45 Direct F1, F2
* 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 dated September 9, 2025.
F2 Represents stock options awarded on August 21, 2017, pursuant to the Issuer's 2017 Omnibus Equity Incentive Plan.