FMR LLC Decreases Stake in First Watch Restaurant Group to 3.3%

FMR LLC filed a Schedule 13G/A on April 7, 2026, reporting a reduction in its stake in First Watch Restaurant Group, Inc. (FWRG). As of the event date on March 31, 2026, FMR LLC beneficially owns 1,995,121 shares of common stock, representing 3.3% of the company. This filing marks a significant decrease from previous levels, as the firm now owns less than 5% of the outstanding shares. FMR LLC reported sole dispositive power over all 1,995,121 shares and sole voting power over 1,988,501 shares. The filing was made by FMR LLC and Abigail P. Johnson, acting as a parent holding company for various subsidiaries, including FIAM LLC and Fidelity Management & Research Company LLC. The securities were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. This amendment serves as a notification that the reporting persons have ceased to be the beneficial owners of more than five percent of the class of securities.