Eisenacher Matthew 4

What Happened

• Matthew Eisenacher, Chief Brand Officer of First Watch Restaurant Group, was granted 28,089 restricted stock units (RSUs) on March 1, 2026. The Form 4 reports the acquisition at $0.00 per share (common for RSU grants); no immediate cash changed hands.

Key Details

• Transaction date: 2026-03-01 (filed 2026-03-03)
• Transaction type/code: Award/Grant (A)
• Shares/units: 28,089 RSUs; price reported: $0.00; reported value: $0 (award, not a market purchase)
• Vesting: These RSUs vest in three equal annual installments beginning March 1, 2027 (see footnote F1); subject to forfeiture or acceleration per plan terms
• Shares owned after transaction: not disclosed in the provided excerpt
• Timeliness: Filing date (Mar 3) is within the typical two-business-day SEC reporting window for insider transactions

Context

• RSU grants are compensation/retention awards and do not represent an open-market purchase or sale. They become taxable and convert to shares as they vest; exercise/sale timing (if any) will be reported in future filings. This award signals executive compensation activity rather than an immediate bullish or bearish market action.