FWRG - First Watch Restaurant Group, Inc.

Insider Sale by Hope H Melville III (CFO, Treasurer)

1 Month
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Trade Summary

6 days ago, Hope H Melville III, serving as CFO, Treasurer at First Watch Restaurant Group, Inc. (FWRG), sold 3,878 shares at $12.52 per share, for a total transaction value of $48,553.00. Following this transaction, Hope H Melville III now holds 111,787 shares of FWRG.

This sale represents a 3.00% decrease in Hope H Melville III's stake in the company. This is considered a medium-conviction trade.

The trade was executed on Tuesday, March 17, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, March 19, 2026, 2 days after the trade was made.

First Watch Restaurant Group, Inc. operates in the CONSUMER CYCLICAL sector, specifically within the RESTAURANTS industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

Hope H Melville III

Hope H Melville III

CFO, Treasurer

Hope H. Melville III (also known as Mel Hope) is the Chief Financial Officer and Treasurer of First Watch Restaurant Group, Inc. (FWRG), a leading daytime dining chain, a position he has held since July 2018.[[1]](https://www.restaurantdive.com/news/first-watch-cfo-mel-hope-to-retire/812945/)[[2]](https://www.businessobserverfl.com/news/2026/feb/24/first-watch-cfo-retirement/)[[3]](https://fintool.com/news/first-watch-cfo-mel-hope-retirement) He recently sold 7,358 shares of FWRG stock on March 10, 2026, to cover tax obligations from vesting restricted stock units, retaining ownership of approximately 115,665 shares.[[4]](https://www.investing.com/news/insider-trading-news/first-watch-cfo-melville-sells-93k-in-shares-93CH-4558161)[[7]](https://www.stocktitan.net/sec-filings/FWRG/form-4-first-watch-restaurant-group-inc-insider-trading-activity-5c9fd49d0847.html) Melville announced his retirement later in 2026, planning to remain in his role until a successor is appointed and then transition to an advisory position.[[1]](https://www.restaurantdive.com/news/first-watch-cfo-mel-hope-to-retire/812945/)[[2]](https://www.businessobserverfl.com/news/2026/feb/24/first-watch-cfo-retirement/)[[5]](https://www.fsrmagazine.com/industry-news/first-watch-cfo-mel-hope-to-retire/) With over 40 years of career experience starting in 1984, Melville previously served as CFO of Popeyes Louisiana Kitchen for 10 years, growing its market cap from $315 million to over $1 billion, and as a partner at PricewaterhouseCoopers (PwC), where he also worked as a CPA.[[1]](https://www.restaurantdive.com/news/first-watch-cfo-mel-hope-to-retire/812945/)[[2]](https://www.businessobserverfl.com/news/2026/feb/24/first-watch-cfo-retirement/)[[3]](https://fintool.com/news/first-watch-cfo-mel-hope-retirement)[[5]](https://www.fsrmagazine.com/industry-news/first-watch-cfo-mel-hope-to-retire/) At First Watch, he guided the company through its 2021 IPO, the COVID-19 pandemic, and significant expansion from 351 restaurants in 2018 to 633 in 2025, with systemwide sales rising from $558 million to $1.4 billion.[[1]](https://www.restaurantdive.com/news/first-watch-cfo-mel-hope-to-retire/812945/)[[3]](https://fintool.com/news/first-watch-cfo-mel-hope-retirement)

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Trade Price

$12.52

Quantity

3,878

Total Value

$48,553.00

Shares Owned

111,787

Trade Date

Tuesday, March 17, 2026

6 days ago

SEC Filing Date

Thursday, March 19, 2026

Filed 2 days after trade

CONSUMER CYCLICALRESTAURANTS

About First Watch Restaurant Group, Inc.

Company Overview

No company information available
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