FWRG First Watch Restaurant (FWRG) Insider Trading, Ownership & Congress Trades
Restaurants & Leisure · Retail-eating places · CIK 0001789940
Congress · 2
Insider buyers, 180 days
0
Funds added, last quarter
124
13F, latest reported quarter
What the filings say about FWRG
Congress, 1 year
2 bought · 1 sold
Latest: purchase, 2026-04-06
First Watch Restaurant insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
No insider purchases or sales are on record for First Watch Restaurant Group, Inc. in the period covered. Source: SEC Form 4 filings, as of 2026-10-28.
Insider
Filed
Shares
Value
Since filing
Context
- 3 earlier Form 4 trades (code P or S) here by this insider (3 sales), the last on Mar 10, 2026.
- The trade is 2.0% of the 84,725 shares held after it.
- 6 other insiders sold within 30 days.
- 124 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Operations Officer Jones John Daniel sold about $21.2K of FWRG on Mar 17, 2026; 6 other insiders sold within 30 days and 124 funds added in the latest 13F quarter.Context
- 5 earlier Form 4 trades (code P or S) here by this insider (5 sales), the last on Mar 10, 2026.
- The trade is 0.7% of the 244,530 shares held after it.
- 6 other insiders sold within 30 days.
- 124 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Development Officer Hartman Eric Richard sold about $22.8K of FWRG on Mar 17, 2026; 6 other insiders sold within 30 days and 124 funds added in the latest 13F quarter.Context
- 9 earlier Form 4 trades (code P or S) here by this insider (1 buy, 8 sales), the last on Mar 10, 2026.
- The trade is 2.6% of the 957,315 shares held after it.
- 6 other insiders sold within 30 days.
- 124 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: President and CEO Tomasso Christopher Anthony sold about $313.8K of FWRG on Mar 17, 2026; 6 other insiders sold within 30 days and 124 funds added in the latest 13F quarter.Context
- 3 earlier Form 4 trades (code P or S) here by this insider (3 sales), the last on Mar 10, 2026.
- The trade is 0.7% of the 237,353 shares held after it.
- 6 other insiders sold within 30 days.
- 124 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief People Officer Sorensen Laura Anne sold about $21.2K of FWRG on Mar 17, 2026; 6 other insiders sold within 30 days and 124 funds added in the latest 13F quarter.Context
- 5 earlier Form 4 trades (code P or S) here by this insider (2 buys, 3 sales), the last on Mar 10, 2026.
- +13.8% median (+13.8% mean) 90-day return after 2 previous buys.
- The trade is 3.5% of the 111,787 shares held after it.
- 6 other insiders sold within 30 days.
- 124 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: CFO and Treasurer HOPE H MELVILLE III sold about $48.6K of FWRG on Mar 17, 2026; 6 other insiders sold within 30 days and 124 funds added in the latest 13F quarter.88 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
no insider buys or sells on file
Congress
2 members bought in the last year
more than 82% of Restaurants & Leisure
Funds
124 funds bought in last quarter
more than 50% of Restaurants & Leisure
Revenue
+20.3% year over year
more than 85% of Restaurants & Leisure
Margin
1.6% net margin
below 53% of Restaurants & Leisure
Buybacks
no share repurchases reported
Short interest
11.2% of the float short (float per yahoo 2026-10-26) · 5.2 days to cover · settled 2026-09-30
more than 82% of Restaurants & Leisure
What changed in the last 30 days
Nothing new filed in the last 30 days
Watch FWRG
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
-38.6%12M
Insider sell
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns FWRG: institutional holders (13F)
13F holdings, latest reported quarter
4,534,132 sh
$58.4M
3,823,982 sh
$49.3M
3,719,038 sh
$47.9M
2,596,946 sh
$33.5M
2,453,594 sh
$31.6M
Congress trades in FWRG
STOCK Act disclosures, US House only, filed up to 45 days after the trade
Bought 2026-04-06 · disclosed 43 days later
$1,001 - $15,000
Sold 2026-03-05 · disclosed 34 days later
$1,001 - $15,000
Bought 2025-11-26 · disclosed 19 days later
$1,001 - $15,000
Bought 2025-05-15 · disclosed 22 days later
$1,001 - $15,000
Bought 2024-08-06 · disclosed 36 days later
$1,001 - $15,000
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
FWRG planned insider sales (Form 144)
No planned-sale notices
No insider has filed to sell. Watch this after a run-up.
FWRG mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
Avory Foundational ETF
$2.3M position · as of 2026-05-29
3.9%
Hodges Fund
$8.4M position · as of 2026-06-30
2.9%
Lazard Global Small Cap Equity Portfolio
$578.6K position · as of 2026-06-30
2.8%
BNY Mellon Small/Mid Cap Growth Fund
$17.5M position · as of 2026-06-30
2.0%
Small Cap Core Fund
$37.7M position · as of 2026-07-31
1.9%
Small Cap Core Trust
$6.2M position · as of 2026-06-30
1.7%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Executive pay vs shareholder return · Mr. Tomasso
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$11.5M
$10.5M
$2.9M
+12%
+24%
2024
$4.9M
$4.1M
$1.5M
+32%
+42%
2023
$4.9M
$7.3M
$1.6M
+41%
+18%
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
The complete filing record, in one place.
The record shows 124 funds added last quarter, 2 House member(s) bought in 12 months, disclosed weeks after the trade. Each figure is a federal filing, dated the day it went public.
FWRG financials
Revenue growth
+20.3%
XBRL, annual
Net margin
1.6%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$1.3B
four quarters, 2025-06-30 to 2026-06-28
Revenue, TTM FWRG
| FY Dec 2025 | $1.2B |
| FY Dec 2024 | $1.0B |
| FY Dec 2023 | $891.6M |
| FY Dec 2022 | $730.2M |
| FY Dec 2021 | $601.2M |
| Jun 2026 | $354.7M |
| Mar 2026 | $331.0M |
| Dec 2025 | $316.4M |
| Sep 2025 | $316.0M |
| Jun 2025 | $307.9M |
| Mar 2025 | $282.2M |
| Dec 2024 | $263.3M |
| Sep 2024 | $251.6M |
At each fiscal year end
Single quarter
Net margin, TTM
+1.4%
net income over revenue, 2025-06-30 to 2026-06-28
Net margin, TTM FWRG
| FY Dec 2025 | +1.6% |
| FY Dec 2024 | +1.9% |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | -0.4% |
| Jun 2026 | +0.7% |
| Mar 2026 | -0.8% |
| Dec 2025 | +4.8% |
| Sep 2025 | +0.9% |
| Jun 2025 | +0.7% |
| Mar 2025 | -0.3% |
| Dec 2024 | +0.3% |
| Sep 2024 | +0.8% |
At each fiscal year end
Single quarter
Free cash flow, TTM
-$20.9M
operating cash flow minus capex, 2025-06-30 to 2026-06-28
Free cash flow, TTM FWRG
| FY Dec 2025 | -$31.0M |
| FY Dec 2024 | -$12.2M |
| FY Dec 2023 | $12.0M |
| FY Dec 2022 | $718.0K |
| FY Dec 2021 | $27.7M |
| Jun 2026 | -$13.1M |
| Mar 2026 | $5.1M |
| Dec 2025 | -$18.3M |
| Sep 2025 | $5.4M |
| Jun 2025 | -$1.7M |
| Mar 2025 | -$16.4M |
| Dec 2024 | -$17.7M |
| Sep 2024 | $6.8M |
At each fiscal year end
Single quarter
Debt to equity
0.44x
long-term debt only, 2026-06-28; equity 2026-06-28
Debt to equity FWRG
| FY Dec 2025 | 0.43x |
| FY Dec 2024 | 0.32x |
| FY Dec 2023 | 0.21x |
| FY Dec 2022 | 0.18x |
| FY Dec 2021 | 0.20x |
| Jun 2026 | 0.44x |
| Mar 2026 | 0.43x |
| Dec 2025 | 0.43x |
| Sep 2025 | 0.41x |
| Jun 2025 | 0.42x |
| Mar 2025 | 0.32x |
| Dec 2024 | 0.32x |
| Sep 2024 | 0.32x |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
0.46x
TTM operating cash flow over long-term debt only, 2026-06-28
Cash flow to debt FWRG
| FY Dec 2025 | 0.47x |
| FY Dec 2024 | 0.61x |
| FY Dec 2023 | 0.80x |
| FY Dec 2022 | 0.66x |
| FY Dec 2021 | 0.63x |
| Jun 2026 | 0.46x |
| Mar 2026 | 0.52x |
| Dec 2025 | 0.47x |
| Sep 2025 | 0.52x |
| Jun 2025 | 0.47x |
| Mar 2025 | 0.58x |
| Dec 2024 | 0.61x |
| Sep 2024 | 0.61x |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+2.9%
TTM net income over average of 2025-06-29 and 2026-06-28
Return on equity FWRG
| FY Dec 2025 | +3.2% |
| FY Dec 2024 | +3.3% |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | -0.5% |
| Jun 2026 | +2.9% |
| Mar 2026 | +2.9% |
| Dec 2025 | +3.2% |
| Sep 2025 | +0.8% |
| Jun 2025 | +0.7% |
| Mar 2025 | +1.9% |
| Dec 2024 | +3.3% |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+1.0%
TTM net income over average of 2025-06-29 and 2026-06-28
Return on assets FWRG
| FY Dec 2025 | +1.2% |
| FY Dec 2024 | +1.4% |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | -0.2% |
| Jun 2026 | +1.0% |
| Mar 2026 | +1.1% |
| Dec 2025 | +1.2% |
| Sep 2025 | +0.3% |
| Jun 2025 | +0.3% |
| Mar 2025 | +0.8% |
| Dec 2024 | +1.4% |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
n/a
effective tax rate -78%, not meaningful
Return on invested capital FWRG
| FY Dec 2025 | n/a |
| FY Dec 2024 | +3.6% |
| FY Dec 2023 | +4.7% |
| FY Dec 2022 | +1.7% |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | +1.6% |
| Jun 2025 | +1.5% |
| Mar 2025 | +2.5% |
| Dec 2024 | +3.6% |
| Sep 2024 | +3.7% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
+1.8%
operating income (EBIT proxy) over average of 2025-06-29 and 2026-06-28 minus current liabilities
Return on capital employed FWRG
| FY Dec 2025 | +1.9% |
| FY Dec 2024 | +3.1% |
| FY Dec 2023 | +3.8% |
| FY Dec 2022 | +1.7% |
| FY Dec 2021 | +2.4% |
| Jun 2026 | +1.8% |
| Mar 2026 | +1.8% |
| Dec 2025 | +1.9% |
| Sep 2025 | +1.5% |
| Jun 2025 | +1.3% |
| Mar 2025 | +2.2% |
| Dec 2024 | +3.1% |
| Sep 2024 | +3.4% |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
38.14x
close 2026-10-26 over four quarters of diluted EPS, 2025-06-30 to 2026-06-28
P/E, trailing FWRG
| FY Dec 2025 | 51.32x |
| FY Dec 2024 | 62.33x |
| FY Dec 2023 | 49.02x |
| FY Dec 2022 | 118.42x |
| FY Dec 2021 | n/a |
| Jun 2026 | 43.93x |
| Mar 2026 | 36.82x |
| Dec 2025 | 51.32x |
| Sep 2025 | 200.00x |
| Jun 2025 | 268.50x |
| Mar 2025 | 99.18x |
| Dec 2024 | 62.33x |
| Sep 2024 | 47.70x |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$939.7M
market value at close 2026-10-26 on 2026-07-31 shares, plus long-term debt only, 2026-06-28, minus cash 2026-06-28
Enterprise value FWRG
| FY Dec 2025 | $1.2B |
| FY Dec 2024 | $1.3B |
| FY Dec 2023 | $1.3B |
| FY Dec 2022 | $886.2M |
| FY Dec 2021 | $990.9M |
| Jun 2026 | $1.0B |
| Mar 2026 | $875.5M |
| Dec 2025 | $1.2B |
| Sep 2025 | $1.2B |
| Jun 2025 | $1.2B |
| Mar 2025 | $1.2B |
| Dec 2024 | $1.3B |
| Sep 2024 | $1.1B |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
-3.1%
TTM free cash flow over market value at close 2026-10-26
FCF yield FWRG
| FY Dec 2025 | -3.2% |
| FY Dec 2024 | -1.1% |
| FY Dec 2023 | +1.0% |
| FY Dec 2022 | +0.1% |
| FY Dec 2021 | +2.9% |
| Jun 2026 | -2.7% |
| Mar 2026 | -1.5% |
| Dec 2025 | -3.2% |
| Sep 2025 | -3.1% |
| Jun 2025 | -3.0% |
| Mar 2025 | -2.4% |
| Dec 2024 | -1.1% |
| Sep 2024 | -0.3% |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
0.10x
P/E over trailing EPS growth of 383%: four quarters to 2026-06-28 against the four to 2025-06-29
PEG, trailing FWRG
| FY Dec 2025 | 15.40x |
| FY Dec 2024 | n/a |
| FY Dec 2023 | 0.20x |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | 0.11x |
| Mar 2026 | 0.57x |
| Dec 2025 | 15.40x |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-26. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| Revenue | $1.2B | $1.0B | $891.6M | $730.2M |
| Operating income | $27.5M | $38.9M | $41.3M | $16.9M |
| Net income | $19.4M | $18.9M | $25.4M | $6.9M |
| EPS (diluted) | 0.31 | 0.30 | 0.41 | 0.11 |
| Operating cash flow | $125.9M | $115.7M | $95.3M | $62.9M |
| Cash | $21.2M | $33.3M | $49.6M | $49.7M |
| Long-term debt | $269.1M | $189.0M | $119.8M | $94.7M |
SEC XBRL, fiscal years, as known on 2026-10-28
FWRG Stock Sonar score 5/7 axes
Find similar shapesCompareFWRG ranks highest on growth (85th percentile) and financial health (71st), and lowest on profitability (44th), among Restaurants & Leisure peers.
5 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
FWRG filings, in plain words
Have members of Congress traded FWRG?
Yes. In the year to 2026-10-28, 2 House members disclosed buying FWRG and 1 House member disclosed selling it; the latest on record is a purchase by Josh Gottheimer dated 2026-04-06.
Read the full summary
In the year to 2026-10-28, 2 members of Congress disclosed buying FWRG and 1 member disclosed selling it; the latest on record is a purchase by Josh Gottheimer dated 2026-04-06. Each figure is counted from SEC and House filings as of 2026-10-28, dated the day the filing was made public.
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