---
schema_version: "secwatch.filing_event.v1"
accession: "0001789940-23-000060"
form_type: "8-K"
ticker: "FWRG"
cik: "0001789940"
company_name: "First Watch Restaurant Group, Inc."
filed_at: "2023-05-18T23:59:59+00:00"
generated_at: "2026-06-14T21:24:09.423023+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# First Watch announces secondary offering of 3,500,000 shares by selling shareholders

## Summary
- Selling shareholders agreed to sell 3,500,000 shares at $15.47 per share to underwriter Jefferies LLC on May 15, 2023.
- Underwriter exercised a 30-day option to purchase an additional 525,000 shares on May 16, 2023.
- First Watch did not sell any shares and will not receive any proceeds from the offering.
- The offering closed on May 18, 2023, under a prospectus supplement dated May 15, 2023.
- Underwriting agreement filed as Exhibit 1.1 includes customary representations, warranties, and indemnification.

## SEC filing metadata
- accession: 0001789940-23-000060
- form_type: 8-K
- ticker: FWRG
- cik: 0001789940
- company_name: First Watch Restaurant Group, Inc.
- filed_at: 2023-05-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1789940/000178994023000060/0001789940-23-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1789940/000178994023000060/fwrg-20230515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001789940-23-000060
- JSON: https://secwatch.observer/filing/0001789940-23-000060.json
- Plain text: https://secwatch.observer/filing/0001789940-23-000060.txt

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