Tipograph Rachel K 4
4 · First Watch Restaurant Group, Inc. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
First Watch (FWRG) Director Rachel Tipograph Receives 12,345 RSUs
What Happened
Rachel K. Tipograph, a director of First Watch Restaurant Group, Inc. (FWRG), was granted 12,345 restricted stock units (RSUs) on May 21, 2026. The RSUs were reported at $0.00 acquisition price (standard for equity awards); each RSU represents a contingent right to one share of common stock and will convert to shares if and when the RSUs vest.
Key Details
- Transaction date: 2026-05-21; Form 4 filed: 2026-05-22 (timely; Form 4s are generally due within two business days).
- Transaction type/code: Award/Grant (A).
- Shares/units granted: 12,345 RSUs; reported acquisition price: $0.00 (no cash paid at grant).
- Vesting: RSUs vest on May 21, 2027 subject to continuous service through that date (per filing footnote).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
Context
RSU grants are a common form of compensation for directors and executives; they are not an immediate market purchase or sale. The economic value will depend on First Watch’s share price at vesting and whether the recipient remains employed/serving through the vesting date. No indication of sale, exercise, or tax-withholding in this filing.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-21+12,345→ 21,647 total
Footnotes (1)
- [F1]Represents the grant by the Issuer of restricted stock units ("RSUs") to the Reporting Person, which vest on May 21, 2027, subject to Reporting Person's continuous service through the vesting date. Each RSU represents a contingent right to receive one share of the Issuer's common stock.