SCHEDULE: FAT Brands Shareholder Divests All Holdings

Muhammad Asif Seemab has sold all his Class A Common Stock and Series B Cumulative Preferred Stock in FAT Brands, Inc.

Summary

• Muhammad Asif Seemab, a reporting person, has filed Amendment No. 2 to Schedule 13G, disclosing the sale of all his Class A Common Stock and Series B Cumulative Preferred Stock in FAT Brands, Inc.
• This amendment updates previous filings from November 26, 2025 (original Schedule 13G) and February 11, 2026 (Amendment No. 1).
• As of the event date, Mr. Seemab beneficially owns 0.00 shares, representing 0.0% of the class of securities.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a negative signal due to the complete divestment of holdings by a reporting person, which could imply a lack of confidence in the company's future performance.

Negatives

• Muhammad Asif Seemab, a reporting person, has completely divested all of their Class A Common Stock and Series B Cumulative Preferred Stock in FAT Brands, Inc.

Future Outlook

This filing does not contain any forward-looking statements or guidance from FAT Brands, Inc. or the reporting person regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that this filing pertains to a specific change in beneficial ownership by an individual shareholder and does not directly reflect broader industry trends or competitive dynamics for the restaurant or franchising sector.

Stakeholder Impact

• Shareholders may perceive the complete divestment by a reporting person as a negative indicator, potentially influencing investor sentiment and the company's stock price.

Key Dates

Keywords

FAT Brands, Schedule 13G/A, Beneficial Ownership, Stock Sale, Common Stock, Preferred Stock, Shareholder Divestment