FIRST WATCH RESTAURANT GROUP

Ticker: FWRG CUSIP: 33748L101 Class: COM

EMERALD ADVISERS, LLC's Holding History (CIK: 0001015083)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 978,408 Value ($000) $14,754 Avg Close $16.85 Range $14.81 - $18.82

Q3 2025

Shares 821,090 Value ($000) $12,842 Avg Close $17.43 Range $15.20 - $19.53

Q2 2025

Shares 384,838 Value ($000) $6,173 Avg Close $16.79 Range $12.90 - $20.55

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	978,408	$14,754	$16.85	$14.81 - $18.82
Q3 2025	821,090	$12,842	$17.43	$15.20 - $19.53
Q2 2025	384,838	$6,173	$16.79	$12.90 - $20.55