Company: FWRG
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001789940-25-000041
Chunk: 10

Company: First Watch Restaurant Group, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part II, Item 3
Chunk 10
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Item 3.    Defaults Upon Senior Securities

None.

Item 4.    Mine Safety Disclosures

Not applicable.

Item 5.    Other Information

Insider Adoption or Termination of Trading Arrangements:

During the fiscal quarter ended March 30, 2025, none of our directors or officers adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as those terms are defined in Regulation S-K, Item 408, except as described in the table below:Name & TitleDate AdoptedCharacter of Trading Arrangement (1)Aggregate Number of Shares of Common Stock to be Sold Pursuant to Trading ArrangementDuration (2)Christoper A. Tomasso, President and Chief Executive Officer3/12/2025Rule 10b5-1 Trading ArrangementUp to 935,825 shares to be sold (3)7/24/2026Henry Melville Hope, III, Chief Financial Officer and Treasurer3/12/2025Rule 10b5-1 Trading ArrangementUp to 177,570 shares to be sold (4)3/12/2026Jay Wolszczak, Chief Legal Officer, General Counsel & Secretary3/12/2025Rule 10b5-1 Trading ArrangementUp to 70,000 shares to be sold (5)3/12/2026_____________________(1) Each trading arrangement marked as a “Rule 10b5-1 Trading Arrangement” is intended to satisfy the affirmative defense of Rule 10b5-1(c), as amended (the “Rule”).(2) Each trading arrangement permits transactions through and including the earliest to occur of (i) the completion of all purchases or sales or the expiration of all of the orders relating to such trades, or (ii) the date listed in the table. Trading 

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arrangements marked as a “Rule 10b5-1 Trading Arrangement” only permits transactions upon the expiration of the applicable mandatory cooling-off period under the Rule.(3) Mr. Tomasso’s trading plan provides for the sale of up to 935,825 shares on a quarterly basis as follows: (i) Up to 233,955 shares during the first quarterly period beginning on the later of June 16, 2025 or the end of the applicable mandatory cooling-off period and ending 90 days later, (ii) up