ADVENT INTERNATIONAL, L.P. sold FWRG
August 8, 2025 · Form 4 insider transaction
ADVENT INTERNATIONAL, L.P. sold 5,000,000 shares of First Watch Restaurant Group, Inc. at $17.70 per share, a transaction worth $88.50M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 4 days after the transaction.
Direction
Disposed (sell-side)
Shares
5,000,000
Price
$17.70
Total value
$88.50M
InsiderADVENT INTERNATIONAL, L.P.
RoleDirector, 10% owner
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateAugust 8, 2025
Filing dateAugust 12, 2025
Shares owned after9,689,784
OwnershipIndirect
10b5-1 planNo
AmendedNo
Footnotes
See Exhibit 99.1 for text of footnote (1).