Form 4: First Watch Restaurant Group CEO Acquires and Disposes of Shares
SEC Form 4 Filing
Christopher Anthony Tomasso, President and CEO of First Watch Restaurant Group, reports acquiring and disposing of common stock and holding restricted stock units.
Summary
- On March 7, 2024, Christopher Anthony Tomasso, the President and CEO of First Watch Restaurant Group, engaged in transactions involving the company's common stock.
- Tomasso acquired 121,016 shares of common stock at $0, and disposed of 453,866 shares.
- Following these transactions, Tomasso directly owns 453,866 shares of First Watch Restaurant Group.
- Tomasso also indirectly owns 500 shares through his daughter.
- The reported transactions also include restricted stock units that vest in three equal annual installments starting March 7, 2025.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The document outlines future vesting of restricted stock units, beginning March 7, 2025.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency into the actions of key executives.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the CEO's holdings and actions regarding the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of stock acquisition and disposal transactions. |
| 03/07/2025 | First vesting date for restricted stock units in three equal annual installments. |
| 03/11/2024 | Date of signature for the report. |
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