First Watch Restaurant Group, Inc. (FWRG) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
FWRG currently has 61.2M outstanding shares. with moderate dilution risk from 16.1M authorized shares representing 26.2% potential dilution. The company has minimally diluted shareholders by 1.52% over the past 2 years.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 05, 2026 |
10-Q filing | 61.2M shares outstanding |
61M | 16M |
| Nov 07, 2025 |
8-K filing: Selling shareholders sold 5,289,784 shares of First Watch Restaurant Group, Inc. common stock to the underwriter at a price of $17.71416 per share in an offering that closed on November 7, 2025. |
61M | 16M |
| Nov 04, 2025 |
10-Q filing | 61.0M shares outstanding |
61M | 16M |
| Aug 05, 2025 |
10-Q filing | 61.0M shares outstanding |
61M | 16M |
| May 06, 2025 |
10-Q filing | 60.8M shares outstanding |
61M | 16M |
| Mar 11, 2025 |
10-K filing | 60.4M shares outstanding |
60M | 16M |
| Nov 13, 2024 |
8-K filing: First Watch Restaurant Group, Inc. announces the closing of an offering of 8,000,000 shares of common stock by selling shareholders to the underwriter, Goldman Sachs & Co. LLC, at a purchase price of $19.76 per share, with an option for the underwriter to purchase up to an additional 1,200,000 shares. |
60M | 16M |
| Nov 07, 2024 |
10-Q filing | 60.4M shares outstanding |
60M | 16M |
| Aug 06, 2024 |
10-Q filing | 60.4M shares outstanding |
60M | 16M |
| May 07, 2024 |
10-Q filing | 60.0M shares outstanding |
60M | 16M |
| Mar 12, 2024 |
8-K filing: Selling shareholders sold 6,000,000 shares of common stock to the underwriter at $23.99 per share, with an option for the underwriter to purchase an additional 900,000 shares, which was fully exercised. The offering closed on March 12, 2024. |
60M | 16M |
| Mar 05, 2024 |
10-K filing | 59.5M shares outstanding |
60M | 16M |
| Nov 01, 2023 |
10-Q filing | 59.6M shares outstanding |
60M | 16M |
| Aug 01, 2023 |
10-Q filing | 59.4M shares outstanding |
59M | 16M |
| Jun 13, 2023 |
8-K filing: Selling shareholders sold 3,000,000 shares of First Watch Restaurant Group, Inc. common stock to the underwriter at a price of $16.424 per share, with the offering closing on June 13, 2023. The selling shareholders also granted the underwriter an option to purchase an additional 450,000 shares. |
59M | 16M |
| May 18, 2023 |
8-K filing: Selling shareholders sold 3,500,000 shares of common stock at $15.47 per share, and the underwriter exercised its option to purchase an additional 525,000 shares; the offering closed on May 18, 2023. |
59M | 16M |
| May 02, 2023 |
10-Q filing | 59.2M shares outstanding |
59M | 63M |
| Mar 07, 2023 |
10-K filing | 59.1M shares outstanding |
59M | 63M |
| Nov 07, 2022 |
S-3 filing: First Watch Restaurant Group, Inc. is offering up to 5,000,000 shares of common stock, and selling stockholders may offer up to 41,564,784 shares of common stock. |
59M | 63M |
| Nov 07, 2022 |
10-Q filing | 59.1M shares outstanding |
59M | 63M |
| Sep 12, 2022 |
S-1 filing: S-1 filing for First Watch Restaurant Group, Inc. involving the offering of common stock by selling stockholders. |
59M | 16M |
| Aug 09, 2022 |
10-Q filing | 59.1M shares outstanding |
59M | 11M |
| May 10, 2022 |
10-Q filing | 59.0M shares outstanding |
59M | 11M |
| Mar 23, 2022 |
10-K filing | 59.0M shares outstanding |
59M | 11M |
| Nov 08, 2021 |
10-Q filing | 59.0M shares outstanding |
59M | 11M |
| Sep 22, 2021 |
S-1/A filing: This S-1/A filing from First Watch Restaurant Group, Inc. details an offering of 9,459,000 shares of common stock, with an additional 1,418,850 shares available through an underwriter option, and provides information on the company's financials, dividend policy, and use of proceeds. |
58M | 11M |
| Sep 07, 2021 |
S-1 filing: Initial public offering of common stock by First Watch Restaurant Group, Inc. |
N/A | 0 |