First Watch Restaurant Group, Inc. FWRG NASDAQ

NASDAQ Global Select • Consumer Cyclical • Restaurants • US • USD

SharesGrow Score

63/100

4/7 Pass

SharesGrow Intrinsic Value

First Watch Restaurant Group, Inc. (FWRG) has 20 known insider and institutional holders on record. The largest holder is Advent International GPE VIII-H Limited Partnership with 41,564,784 shares. Other notable holders include White Michael James and GPE VIII GP Limited Partnership.

Over the last 12 months, insiders have made 40 transactions in FWRG stock — 18 buys (valued at $247.5K) and 21 sells (valued at $236.77M). Insider selling has exceeded buying during this period.

FWRG Insider Ownership

Top Holder

Advent International GPE VIII-H Limited Partnership

41,564,784 shares

Buys (12 mo)

$247.5K value

Sells (12 mo)

$236.77M value

12-Month Transaction Activity

Buy 45%

Sell 53%

Top Insider Holders

#	Name	Role	Shares Owned	Last Filed	Relative Size
1	Advent International Gpe Viii-h Limited Partnership	Director	41,564,784	2022-10-11	100%
2	White Michael James	Director	41,564,784	2022-10-11	100%
3	Gpe Viii Gp Limited Partnership	Director	41,564,784	2022-10-11	100%
4	Advent International Gpe Viii, Llc	Director	41,564,784	2022-10-11	100%
5	Advent International Gp, Llc	10 Percent Owner	34,539,784	2023-07-06	83%
6	Advent International Corp/ma	10 Percent Owner	34,539,784	2023-06-15	83%
7	Glynn Tricia	Director	27,189,784	2024-03-14	65%
8	Paresky David	Director	27,189,784	2024-03-14	65%
9	Advent International Gpe Viii-i Limited Partnership	10 Percent Owner	19,189,784	2024-11-15	46%
10	Advent Partners Gpe Viii Limited Partnership	10 Percent Owner	19,189,784	2024-11-15	46%
11	Advent International, L.p.	10 Percent Owner	5,289,784	2025-09-10	13%
12	Tomasso Christopher Anthony	President and CEO	957,315	2026-03-19	2%
13	Alvarez Ralph	Director	422,835	2025-05-23	1%
14	Hartman Eric Richard	Chief Development Officer	244,530	2026-03-19	1%
15	Sorensen Laura Anne	Chief People Officer	237,353	2026-03-19	1%
16	Wolszczak Jay Anthony	Chief Legal Officer, Gc & Secy	228,930	2026-03-19	1%
17	Hope H Melville Iii	CFO and Treasurer	111,787	2026-03-19	0%
18	Jones John Daniel	Chief Operations Officer	84,725	2026-03-19	0%
19	Eisenacher Matthew	Chief Brand Officer	67,223	2026-03-19	0%
20	Jemley Charles	Director	31,933	2025-05-23	0%

Recent Transactions (last 12 months)

Date	Name	Role	Type	Shares	Price	Value
2026-03-17	Eisenacher Matthew	Chief Brand Officer	Informative Sell	2,760	$12.52	$34.56K
2026-03-17	Jones John Daniel	Chief Operations Officer	Informative Sell	1,697	$12.52	$21.25K
2026-03-17	Sorensen Laura Anne	Chief People Officer	Informative Sell	1,697	$12.52	$21.25K
2026-03-17	Hartman Eric Richard	Chief Development Officer	Informative Sell	1,819	$12.52	$22.77K
2026-03-17	Tomasso Christopher Anthony	President and CEO	Informative Sell	25,062	$12.52	$313.78K
2026-03-17	Wolszczak Jay Anthony	Chief Legal Officer, Gc & Secy	Informative Sell	3,161	$12.52	$39.58K
2026-03-17	Hope H Melville Iii	CFO and Treasurer	Informative Sell	3,878	$12.52	$48.55K
2026-03-10	Eisenacher Matthew	Chief Brand Officer	Informative Sell	6,070	$12.59	$76.42K
2026-03-10	Jones John Daniel	Chief Operations Officer	Informative Sell	4,600	$12.59	$57.91K
2026-03-10	Sorensen Laura Anne	Chief People Officer	Informative Sell	4,732	$12.59	$59.58K
2026-03-10	Hartman Eric Richard	Chief Development Officer	Informative Sell	4,820	$12.59	$60.68K
2026-03-10	Wolszczak Jay Anthony	Chief Legal Officer, Gc & Secy	Informative Sell	6,998	$12.59	$88.1K
2026-03-10	Hope H Melville Iii	CFO and Treasurer	Informative Sell	7,358	$12.59	$92.64K
2026-03-01	Eisenacher Matthew	Chief Brand Officer	RSU Award	28,089	-	-
2026-03-01	Jones John Daniel	Chief Operations Officer	RSU Award	30,096	-	-
2026-03-01	Sorensen Laura Anne	Chief People Officer	RSU Award	30,096	-	-
2026-03-01	Hartman Eric Richard	Chief Development Officer	RSU Award	30,096	-	-
2026-03-01	Tomasso Christopher Anthony	President and CEO	RSU Award	321,027	-	-
2026-03-01	Wolszczak Jay Anthony	Chief Legal Officer, Gc & Secy	RSU Award	36,115	-	-
2026-01-22	Kussell William A	Director	Informative Sell	6,165	$17.00	$104.81K
2025-12-30	Tipograph Rachel K	Director	RSU Award	9,302	-	-
2025-12-29	Tipograph Rachel K	Director	Unknown	-	-	-
2025-12-28	Sorensen Laura Anne	Chief People Officer	RSU Award	125,798	-	-
2025-12-28	Hartman Eric Richard	Chief Development Officer	RSU Award	128,760	-	-
2025-12-28	Wolszczak Jay Anthony	Chief Legal Officer, Gc & Secy	RSU Award	139,323	-	-