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Compiled from SEC Form N-PX filings and First Watch Restaurant Group, Inc.’s Form 8-K, filed 2026-05-21 (Item 5.07 on EDGAR). Page generated 02 October 2026.
Proxy season: 2025-2026
Explore First Watch Restaurant Group, Inc. in the interactive database Compare manager voting policies
These tallies are First Watch Restaurant Group, Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2026-05-21 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Outcome |
|---|---|---|---|---|---|---|
| Elect Director: Irene Chang Britt | 32,303,226 | -- | -- | 16,803,210 | 9,564,764 | Majority: yes |
| Elect Director: Charles Jemley | 44,382,160 | -- | -- | 4,724,276 | 9,564,764 | Majority: yes |
| Elect Director: Rachel Tipograph | 47,187,755 | -- | -- | 1,918,681 | 9,564,764 | Majority: yes |
Source: First Watch Restaurant Group, Inc., Form 8-K, filed with the SEC on 2026-05-21 — read the filing on EDGAR.
Each item below shows how the 244 asset managers that disclosed a First Watch Restaurant Group, Inc. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of First Watch Restaurant Group, Inc.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.
Combines 4 wordings of this item as funds reported it.
64% fund support · no official result
The 237 asset managers below cast 64% of the shares they voted on this item FOR (35,356,665 for, 19,616,293 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| John Hancock | 0 | 5,881,165 | 0 | 0 | Against |
| Neuberger Berman | 5,648,630 | 0 | 0 | 0 | For |
| Fidelity | 4,730,048 | 0 | 0 | 0 | For |
| Vanguard | 3,318,671 | 5,965 | 0 | 0 | For |
| BlackRock | 2,600,565 | 61,328 | 0 | 0 | For |
| Loomis Sayles | 2,506,419 | 136,373 | 0 | 0 | For |
| SRH Total Return Fund, Inc. | 0 | 1,800,000 | 0 | 0 | Against |
| RIVERBRIDGE PARTNERS LLC | 1,555,628 | 0 | 0 | 0 | For |
| GW&K Investment Management, LLC | 50,822 | 0 | 0 | 0 | Split |
| Newton Investment Management North America, LLC | 1,438,104 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 1,293,405 | 0 | 0 | 0 | For |
| Dimensional | 0 | 1,144,880 | 0 | 0 | Against |
| Federated Hermes | 1,048,064 | 0 | 0 | 0 | For |
| Lazard | 0 | 1,035,449 | 0 | 0 | Against |
| State Street | 926,951 | 16,875 | 0 | 0 | For |
| Russell Investments | 929,686 | 0 | 0 | 0 | For |
| WEATHERBIE CAPITAL, LLC | 0 | 818,800 | 0 | 0 | Against |
| Charles Schwab | 0 | 814,964 | 0 | 0 | Against |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | 796,684 | 0 | 0 | 0 | For |
| BNY Mellon | 671,953 | 91,078 | 0 | 0 | For |
| Stephens Investment Management Group LLC | 0 | 720,137 | 0 | 0 | Against |
| Putnam | 692,951 | 0 | 0 | 0 | For |
| Northern Trust | 0 | 583,267 | 0 | 0 | Against |
| AMG FUNDS | 535,625 | 0 | 0 | 0 | For |
| EMERALD ADVISERS, LLC | 516,999 | 0 | 0 | 0 | For |
Showing the 25 largest of 237 asset managers. See all 237 in the interactive database.
Combines 4 wordings of this item as funds reported it.
98% fund support · no official result
The 237 asset managers below cast 98% of the shares they voted on this item FOR (576,473 for, 10,689 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| John Hancock | 0 | 0 | 0 | 0 | One Year |
| Neuberger Berman | 0 | 0 | 0 | 0 | 1 Year |
| Fidelity | 0 | 0 | 0 | 0 | One Year |
| Vanguard | 0 | 0 | 0 | 0 | One Year |
| BlackRock | 0 | 0 | 0 | 0 | 1 Year |
| Loomis Sayles | 0 | 0 | 0 | 0 | One Year |
| SRH Total Return Fund, Inc. | 0 | 0 | 0 | 0 | One Year |
| RIVERBRIDGE PARTNERS LLC | 0 | 0 | 0 | 0 | 1 Year |
| GW&K Investment Management, LLC | 0 | 0 | 0 | 0 | 1 Year |
| Newton Investment Management North America, LLC | 0 | 0 | 0 | 0 | One Year |
| GEODE CAPITAL MANAGEMENT, LLC | 0 | 0 | 0 | 0 | One Year |
| Dimensional | 0 | 0 | 0 | 0 | Three Years |
| Federated Hermes | 0 | 0 | 0 | 0 | 1 Year |
| Lazard | 0 | 0 | 0 | 0 | One Year |
| State Street | 0 | 0 | 0 | 0 | One Year |
| Russell Investments | 0 | 0 | 0 | 0 | 1 Year |
| WEATHERBIE CAPITAL, LLC | 0 | 0 | 0 | 0 | One Year |
| Charles Schwab | 0 | 0 | 0 | 0 | 1 Year |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | 0 | 0 | 0 | 0 | 1 Year |
| BNY Mellon | 0 | 0 | 0 | 0 | One Year |
| Stephens Investment Management Group LLC | 0 | 0 | 0 | 0 | One Year |
| Putnam | 0 | 0 | 0 | 0 | One Year |
| Northern Trust | 0 | 0 | 0 | 0 | 1 Year |
| AMG FUNDS | 0 | 0 | 0 | 0 | 1 Year |
| EMERALD ADVISERS, LLC | 0 | 0 | 0 | 0 | 1 Year |
Showing the 25 largest of 237 asset managers. See all 237 in the interactive database.
Combines 6 wordings of this item as funds reported it.
90% Majority: yes · of votes cast
First Watch Restaurant Group, Inc.’s own tally for this item (“Elect Director: Charles Jemley”): 44,382,160 for, 4,724,276 withheld, per its Form 8-K filed 2026-05-21 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 61,625,155 outstanding shares: 72% for, 8% withheld (80% of the company cast a for/withheld vote).
The 72 asset managers below cast 100% of the shares they voted on this item FOR (22,686,703 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Fidelity | 2,952,621 | 0 | 0 | 0 | For |
| Vanguard | 2,915,076 | 0 | 1,924 | 0 | For |
| John Hancock | 2,816,747 | 0 | 5,499 | 0 | For |
| Neuberger Berman | 2,123,316 | 0 | 0 | 0 | For |
| BlackRock | 1,867,774 | 0 | 0 | 0 | For |
| Dimensional | 0 | 0 | 1,012,413 | 0 | Abstain |
| Loomis Sayles | 959,365 | 0 | 0 | 0 | For |
| SRH Total Return Fund, Inc. | 900,000 | 0 | 0 | 0 | For |
| BNY Mellon | 671,953 | 0 | 0 | 0 | For |
| AMG FUNDS | 535,625 | 0 | 0 | 0 | For |
| Federated Hermes | 524,032 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund II | 450,000 | 0 | 0 | 0 | For |
| WASATCH FUNDS TRUST | 437,136 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 426,440 | 0 | 0 | 0 | For |
| Legg Mason | 408,000 | 0 | 0 | 0 | For |
| Charles Schwab | 406,827 | 0 | 0 | 0 | For |
| Putnam | 346,432 | 0 | 0 | 0 | For |
| RBB FUND, INC. | 0 | 0 | 345,294 | 0 | Abstain |
| First Trust | 344,582 | 0 | 0 | 0 | For |
| ALGER FUNDS | 339,648 | 0 | 0 | 0 | For |
| BUFFALO FUNDS | 309,387 | 0 | 0 | 0 | For |
| Russell Investments | 298,664 | 0 | 0 | 0 | For |
| Royce | 278,991 | 0 | 0 | 0 | For |
| Lazard | 266,681 | 0 | 0 | 0 | For |
| Principal | 4,899 | 0 | 224,124 | 0 | Abstain |
Showing the 25 largest of 72 asset managers. See all 72 in the interactive database.
Combines 6 wordings of this item as funds reported it.
96% Majority: yes · of votes cast
First Watch Restaurant Group, Inc.’s own tally for this item (“Elect Director: Rachel Tipograph”): 47,187,755 for, 1,918,681 withheld, per its Form 8-K filed 2026-05-21 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 61,625,155 outstanding shares: 77% for, 3% withheld (80% of the company cast a for/withheld vote).
The 72 asset managers below cast 100% of the shares they voted on this item FOR (23,740,788 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Fidelity | 2,952,621 | 0 | 0 | 0 | For |
| Vanguard | 2,916,997 | 0 | 3 | 0 | For |
| John Hancock | 2,822,246 | 0 | 0 | 0 | For |
| Neuberger Berman | 2,123,316 | 0 | 0 | 0 | For |
| BlackRock | 1,867,774 | 0 | 0 | 0 | For |
| Dimensional | 1,012,413 | 0 | 0 | 0 | For |
| Loomis Sayles | 959,365 | 0 | 0 | 0 | For |
| SRH Total Return Fund, Inc. | 900,000 | 0 | 0 | 0 | For |
| BNY Mellon | 671,953 | 0 | 0 | 0 | For |
| AMG FUNDS | 535,625 | 0 | 0 | 0 | For |
| Federated Hermes | 524,032 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund II | 450,000 | 0 | 0 | 0 | For |
| WASATCH FUNDS TRUST | 437,136 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 426,440 | 0 | 0 | 0 | For |
| Legg Mason | 408,000 | 0 | 0 | 0 | For |
| Charles Schwab | 406,827 | 0 | 0 | 0 | For |
| Putnam | 346,432 | 0 | 0 | 0 | For |
| RBB FUND, INC. | 0 | 0 | 345,294 | 0 | Abstain |
| First Trust | 344,582 | 0 | 0 | 0 | For |
| ALGER FUNDS | 339,648 | 0 | 0 | 0 | For |
| BUFFALO FUNDS | 309,387 | 0 | 0 | 0 | For |
| Russell Investments | 298,664 | 0 | 0 | 0 | For |
| Royce | 278,991 | 0 | 0 | 0 | For |
| Lazard | 266,681 | 0 | 0 | 0 | For |
| Principal | 4,899 | 0 | 224,124 | 0 | Abstain |
Showing the 25 largest of 72 asset managers. See all 72 in the interactive database.
Combines 2 wordings of this item as funds reported it.
97% fund support · no official result
The 72 asset managers below cast 97% of the shares they voted on this item FOR (23,636,018 for, 674,192 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Fidelity | 2,952,621 | 0 | 0 | 0 | For |
| Vanguard | 2,915,080 | 1,920 | 0 | 0 | For |
| John Hancock | 2,822,246 | 0 | 0 | 0 | For |
| Neuberger Berman | 2,123,316 | 0 | 0 | 0 | For |
| BlackRock | 1,867,774 | 0 | 0 | 0 | For |
| Dimensional | 1,012,413 | 0 | 0 | 0 | For |
| Loomis Sayles | 959,365 | 0 | 0 | 0 | For |
| SRH Total Return Fund, Inc. | 900,000 | 0 | 0 | 0 | For |
| BNY Mellon | 0 | 671,953 | 0 | 0 | Against |
| AMG FUNDS | 535,625 | 0 | 0 | 0 | For |
| Federated Hermes | 524,032 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund II | 450,000 | 0 | 0 | 0 | For |
| WASATCH FUNDS TRUST | 437,136 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 426,440 | 0 | 0 | 0 | For |
| Legg Mason | 408,000 | 0 | 0 | 0 | For |
| Charles Schwab | 406,827 | 0 | 0 | 0 | For |
| Putnam | 346,432 | 0 | 0 | 0 | For |
| RBB FUND, INC. | 345,294 | 0 | 0 | 0 | For |
| First Trust | 344,582 | 0 | 0 | 0 | For |
| ALGER FUNDS | 339,648 | 0 | 0 | 0 | For |
| BUFFALO FUNDS | 309,387 | 0 | 0 | 0 | For |
| Russell Investments | 298,664 | 0 | 0 | 0 | For |
| Royce | 278,991 | 0 | 0 | 0 | For |
| Lazard | 266,681 | 0 | 0 | 0 | For |
| Principal | 229,023 | 0 | 0 | 0 | For |
Showing the 25 largest of 72 asset managers. See all 72 in the interactive database.
Combines 6 wordings of this item as funds reported it.
66% Majority: yes · of votes cast
First Watch Restaurant Group, Inc.’s own tally for this item (“Elect Director: Irene Chang Britt”): 32,303,226 for, 16,803,210 withheld, per its Form 8-K filed 2026-05-21 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 61,625,155 outstanding shares: 52.4% for, 27% withheld (80% of the company cast a for/withheld vote).
The 71 asset managers below cast 100% of the shares they voted on this item FOR (16,798,225 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Fidelity | 2,952,621 | 0 | 0 | 0 | For |
| Vanguard | 2,915,054 | 0 | 1,946 | 0 | For |
| John Hancock | 0 | 0 | 2,822,246 | 0 | Abstain |
| Neuberger Berman | 2,123,316 | 0 | 0 | 0 | For |
| BlackRock | 1,867,774 | 0 | 0 | 0 | For |
| Dimensional | 0 | 0 | 1,012,413 | 0 | Abstain |
| Loomis Sayles | 959,365 | 0 | 0 | 0 | For |
| SRH Total Return Fund, Inc. | 0 | 0 | 900,000 | 0 | Abstain |
| BNY Mellon | 671,953 | 0 | 0 | 0 | For |
| AMG FUNDS | 535,625 | 0 | 0 | 0 | For |
| Federated Hermes | 524,032 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund II | 450,000 | 0 | 0 | 0 | For |
| WASATCH FUNDS TRUST | 437,136 | 0 | 0 | 0 | For |
| AMERICAN BEACON FUNDS | 0 | 0 | 426,440 | 0 | Abstain |
| Legg Mason | 408,000 | 0 | 0 | 0 | For |
| Charles Schwab | 406,827 | 0 | 0 | 0 | For |
| Putnam | 346,432 | 0 | 0 | 0 | For |
| RBB FUND, INC. | 0 | 0 | 345,294 | 0 | Abstain |
| First Trust | 0 | 0 | 344,582 | 0 | Abstain |
| ALGER FUNDS | 0 | 0 | 339,648 | 0 | Abstain |
| BUFFALO FUNDS | 309,387 | 0 | 0 | 0 | For |
| Russell Investments | 298,664 | 0 | 0 | 0 | For |
| Royce | 278,991 | 0 | 0 | 0 | For |
| Lazard | 0 | 0 | 266,681 | 0 | Abstain |
| Principal | 0 | 0 | 229,023 | 0 | Abstain |
Showing the 25 largest of 71 asset managers. See all 71 in the interactive database.
100% fund support · no official result
The 4 asset managers below cast 100% of the shares they voted on this item FOR (26,700 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Granahan Investment Management, LLC | 0 | 0 | 0 | 0 | 1 Year |
| FORUM FUNDS II | 26,700 | 0 | 0 | 0 | For |
| Wilshire Advisors LLC | 0 | 0 | 0 | 0 | One Year |
| Uniplan Investment Counsel, Inc. | 0 | 0 | 0 | 0 | 1 Year |
3% fund support · no official result
The 4 asset managers below cast 3% of the shares they voted on this item FOR (26,954 for, 825,388 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Granahan Investment Management, LLC | 0 | 810,629 | 0 | 0 | Against |
| FORUM FUNDS II | 26,700 | 0 | 0 | 0 | For |
| Wilshire Advisors LLC | 0 | 14,759 | 0 | 0 | Against |
| Uniplan Investment Counsel, Inc. | 254 | 0 | 0 | 0 | For |
Ranked by the number of First Watch Restaurant Group, Inc. shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 61,625,155 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | John Hancock | 9.54% |
| 2 | Neuberger Berman | 9.17% |
| 3 | Fidelity | 7.68% |
| 4 | Vanguard | 5.39% |
| 5 | BlackRock | 4.32% |
| 6 | Loomis Sayles | 4.29% |
| 7 | SRH Total Return Fund, Inc. | 2.92% |
| 8 | RIVERBRIDGE PARTNERS LLC | 2.52% |
| 9 | GW&K Investment Management, LLC | 2.45% |
| 10 | Newton Investment Management North America, LLC | 2.33% |
Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).
| Holder | % outstanding | Disclosure |
|---|---|---|
| FMR LLC | 10.81% | DEF14A |
| BlackRock | 6.61% | 13F |
| BNY Mellon | 6.42% | 13F |
| Manulife Investment Management (US) LLC | 6.18% | 13G |
| Vanguard Group | 5.39% | 13F |
| Millennium Management | 5.25% | 13F |
| Dimensional Fund Advisors | 5.01% | 13F |
| Integrated Core Strategies (US) LLC | 4.98% | 13G |
| Neuberger Berman Group LLC | 3.66% | 13G |
| FMR (Fidelity) | 3.24% | 13F |
Percentages above are of 61,625,155 shares outstanding, as reported by First Watch Restaurant Group, Inc. on its Form 10-Q dated 2026-03-29 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from First Watch Restaurant Group, Inc.’s 10-Q dated 2026-03-29. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.
At First Watch Restaurant Group, Inc.'s shareholder meeting held 2026-05-20, in the 2025-2026 proxy season, 244 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,644 separate fund positions. Their filings are grouped here into 8 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. First Watch Restaurant Group, Inc.'s own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — To approve, on a non-binding, advisory basis, the compensation paid to the Company's named… — the reporting funds cast 64% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.
First Watch Restaurant Group, Inc. proxy season coverage: 2025-2026 (this page).