First Watch Restaurant Group, Inc. 8-K

What Happened

• First Watch Restaurant Group, Inc. filed a Form 8‑K on June 8, 2026 (Item 5.02) announcing that its Board appointed Ashlee Weisser as Chief Financial Officer, and she will serve as the company’s principal financial officer and principal accounting officer effective June 8, 2026. Ms. Weisser, age 43, has been the company’s Senior Vice President, Financial Planning & Analysis since October 2023 and has prior CFO experience at Raney’s LLC and Maple Street Biscuit Company, among other restaurant finance leadership roles.

Key Details

• Base salary: $475,000 per year, effective June 8, 2026.
• Target annual bonus: 70% of base salary under the company’s annual cash incentive program.
• Equity: one-time restricted stock unit grant with a fair market value of $275,000 on the grant date (June 8, 2026).
• No family relationships or material related-party transactions disclosed; no special arrangements or understandings in her selection. The company previously noted that the former CFO (Mr. Hope) is expected to serve as an advisor during transition.

Why It Matters

• This is a material leadership change for First Watch’s finance team: investors should note the new principal financial and accounting officer, her compensation package, and the effective date for any future communications or filings that require CFO certification. The hire brings someone with prior restaurant-industry CFO experience, which may affect financial oversight and reporting continuity during the transition.