BlackRock, Inc. Reports 5.1% Ownership in First Watch Restaurant Group, Inc.

BlackRock, Inc. has filed a Schedule 13G with the SEC, disclosing a 5.1% ownership stake in First Watch Restaurant Group, Inc. The filing indicates that BlackRock beneficially owns 3,115,700 shares of common stock, with sole voting power over 3,041,460 shares and sole dispositive power over all 3,115,700 shares. The filing also notes that various persons have the right to receive dividends or proceeds from the sale of the shares, but no single person's interest exceeds 5% of the total outstanding shares. The filing was made pursuant to Rule 13d-1(b) and was signed by Spencer Fleming, Managing Director of BlackRock, Inc.