First Watch Adopts Executive Severance Plan

An update from First Watch Restaurant Group ( (FWRG) ) is now available.

On March 5, 2025, First Watch Restaurant Group, Inc. announced the adoption of an Executive Severance Plan. This plan outlines severance benefits for executive officers in cases of termination without cause or resignation for good reason, including lump sum payments based on salary and target bonuses, as well as healthcare coverage. It also includes provisions for changes in control, offering enhanced benefits if such events occur within two years of a change.

More about First Watch Restaurant Group

First Watch Restaurant Group, Inc. operates in the restaurant industry, focusing on providing breakfast, brunch, and lunch services across its locations.

YTD Price Performance: -12.61%

Average Trading Volume: 560,260

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.03B

For detailed information about FWRG stock, go to TipRanks’ Stock Analysis page.