---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-000309"
form_type: "8-K"
ticker: "FATAQ"
cik: "0001705012"
company_name: "Fat Brands, Inc"
filed_at: "2025-03-24T23:59:59+00:00"
generated_at: "2026-05-24T06:42:45.524972+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FAT Brands reduces stock option exercise prices by $2.60 per share after Twin Peaks spin-off

## Summary
- Board approved reducing all outstanding stock option exercise prices by $2.599553 per share on March 18, 2025.
- Adjustment applies to options held by officers, directors, and employees, vested and unvested, as of Jan 29, 2025 Distribution Date.
- Reduction matches Nasdaq ex-dividend downward adjustment to FAT Common Stock from the Twin Hospitality Group spin-off.
- No cash payments were made; adjusted exercise prices now range from $2.20 to $8.83 per share depending on grant.
- Specific adjustments listed for directors and named executive officers, including Co-CEOs Robert Rosen and Kenneth Kuick.

## SEC filing metadata
- accession: 0001641172-25-000309
- form_type: 8-K
- ticker: FATAQ
- cik: 0001705012
- company_name: Fat Brands, Inc
- filed_at: 2025-03-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1705012/000164117225000309/0001641172-25-000309-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1705012/000164117225000309/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-000309
- JSON: https://secwatch.observer/filing/0001641172-25-000309.json
- Plain text: https://secwatch.observer/filing/0001641172-25-000309.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.