FIRST WATCH RESTAURANT GROUP

Ticker: FWRG CUSIP: 33748L101 Class: COM

Capital Management Associates, Inc's Holding History (CIK: 0002008851)

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

Q4 2025

Shares 18,217 Value ($000) $275 Avg Close $16.85 Range $14.81 - $18.82

Q3 2025

Shares 13,023 Value ($000) $204 Avg Close $17.43 Range $15.20 - $19.53

Q2 2025

Shares 13,023 Value ($000) $209 Avg Close $16.79 Range $12.90 - $20.55

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	18,217	$275	$16.85	$14.81 - $18.82
Q3 2025	13,023	$204	$17.43	$15.20 - $19.53
Q2 2025	13,023	$209	$16.79	$12.90 - $20.55