Insider sale
FIRST WATCH RESTAURANT GROUP, INC.
$66.15M
4.50M shares
What this filing means
ADVENT INTERNATIONAL, L.P. plans to sell 4.50M shares of FIRST WATCH RESTAURANT GROUP, INC. valued at approximately $66.15M. Form 144 is a notice of intent to sell restricted or control securities — not a mandatory transaction. This filing provides advance warning of potential selling pressure.
Filed: 6/3/2025ACC: 0001140361-25-021342
10% Owner
Since Oct 2021
4.50M
Shares to sell
$66.15M
Approx. market value
46.74M
Acquired (3 months)
1
Planned
Securities Acquired — Last 3 Months1
The Filer acquired the shares in connection with a merger transaction in which funds affiliated with or managed by the Filer acquired a majority equity stake in a wholly-owned subsidiary of First Watch Restaurant Group, Inc.
Cash
8/21/2017
46.74MTotal acquired46.74M
| Acquisition Date | Type | Amount Acquired | Gift |
|---|---|---|---|
8/21/2017 | The Filer acquired the shares in connection with a merger transaction in which funds affiliated with or managed by the Filer acquired a majority equity stake in a wholly-owned subsidiary of First Watch Restaurant Group, Inc. Cash | 46.74M | — |
| Total | 46.74M | ||
Planned & Completed Dispositions1
NasdaqPlanned
Units to sell
4.50M
Market value
$66.15M
6/3/2025
Total
Units
4.50M
Value
$66.15M
| Date | Units to Sell | Approx. Market Value | Exchange | Status |
|---|---|---|---|---|
6/3/2025 | 4.50M | $66.15M | Nasdaq | Planned |
| Total | 4.50M | $66.15M | ||