First Watch Restaurant Group, Inc. current report, 23 May 2023

First Watch Restaurant Group, Inc. Form 8-K Summary

Business Context and Reporting Period

Filed May 24, 2023, reporting on matters submitted to stockholders at the Annual Meeting held May 23, 2023. The filing concerns corporate governance and auditor ratification, not quarterly or annual financial results.

Financial Metrics and Liquidity

The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, or other operating and financial metrics.

Material Changes and Meeting Results

  • Stockholders elected both Class II director nominees to serve until the 2026 annual meeting or until their successors are elected and qualified.
  • Julie M.B. Bradley: 49,530,699 votes for, 5,462,838 withheld, and 1,590,692 broker non-votes.
  • David Paresky: 49,113,884 votes for, 5,879,653 withheld, and 1,590,692 broker non-votes.
  • Stockholders ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2023.
  • Auditor ratification results: 56,535,755 votes for, 48,391 against, and 83 abstentions.

Guidance, Outlook, Risks, and Unusual Items

The filing provides no management guidance, outlook, risk updates, contingencies, or unusual financial items. It identifies PricewaterhouseCoopers LLP as the fiscal 2023 independent auditor.

Investor Verification Items

  • Verify the director election terms and any subsequent changes in board composition.
  • Review the definitive proxy statement filed April 10, 2023 for detailed proposal information and director biographies.
  • Confirm the appointment and independence of PricewaterhouseCoopers LLP for fiscal 2023.
  • Refer to the Company’s periodic financial filings for financial performance, liquidity, debt, and outlook information not included in this Form 8-K.