FWRG - Insider Unloading: Matthew Eisenacher Sells Options Realizes $228K | Benzinga
A significant insider transaction involving the exercise of company stock options was reported on March 7, by Matthew Eisenacher, Chief Brand Officer at First Watch Restaurant Gr (NASDAQ:FWRG), as per the latest SEC filing.
What Happened: Eisenacher, Chief Brand Officer at First Watch Restaurant Gr, exercised stock options for 20,000 shares of FWRG stock. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The exercise price of the options was $12.84 per share.
First Watch Restaurant Gr shares are trading down 0.94% at $24.26 at the time of this writing on Thursday morning. Since the current price is $24.26, this makes Eisenacher's 20,000 shares worth $228,363.
Get to Know First Watch Restaurant Gr Better
First Watch Restaurant Group Inc is a daytime restaurant concept serving made-to-order breakfast, brunch, and lunch using fresh ingredients. It generates revenues from Restaurant sales and Franchise revenues.
A Deep Dive into First Watch Restaurant Gr's Financials
Positive Revenue Trend: Examining First Watch Restaurant Gr's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 31.7% as of 31 December, 2023, showcasing a substantial increase in ...