FATAQ · Fat Brands, Inc
Substantial doubt about the company's ability to continue as a going concern.
“These factors create substantial doubt about the Company's ability to continue as a going concern for the twelve-month period subsequent to the date that these financial statements are issued. While the Company believes its plans to restructure its indebtedness or obtain relief from the noteholders can alleviate the conditions that raise substantial doubt about the Company's ability to continue as a going concern, these plans are not within the Company's control and cannot be assessed as being probable of occurring.”View the 10-Q filed Nov 12, 2025
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-01-30 | HOT GFG LLC |
10% Owner |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at pieces ranging from $0.2577 to $0.3001, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the above range. |
Class A Common Stock
|
1,794,766 |
| 2026-01-26 | BARTELS PATRICK J JR |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2025-11-13 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
24,117 |
| 2025-11-05 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
1,481 |
| 2025-11-04 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
97,141 |
| 2025-11-03 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
334 |
| 2025-10-30 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
1,044 |
| 2025-10-22 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
11,609 |
| 2025-10-20 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
4,240 |
| 2025-10-14 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
53,313 |
| 2025-10-13 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
1,710 |
| 2025-10-10 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
44,977 |
| 2025-09-22 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
54,603 |
| 2025-08-19 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
4,296 |
| 2025-08-18 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
21,088 |
| 2025-07-30 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
20,013 |
| 2025-07-30 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
88,309 |
| 2025-07-29 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
4,028 |
| 2025-07-23 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
1,867 |
| 2025-07-15 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
200 |
| 2025-07-10 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
5,596 |
| 2025-06-26 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
106 |
| 2025-06-25 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
4,331 |
| 2025-06-24 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
2,838 |
| 2025-06-23 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
3,435 |
| 2025-06-20 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
8,607 |
| 2025-06-18 | HOT GFG LLC |
10% Owner |
Sell↓
|
Class A Common Stock
|
5,305 |
| 2025-05-30 | Elenowitz Mark |
Director |
Buy↑
|
Series B Cumulative Preferred Stock
|
1,000 |
| 2025-05-28 | Elenowitz Mark |
Director |
Convert↓
Filing footnotes — Warrant to purchase Common Stock Warrants (Direct)
The reporting person exercised a non-traded warrant to purchase 2,564 publicly traded warrants (FATBW) of the Company for $0.01 per warrant. The reporting person paid the exercise price on a cashless basis, resulting in withholding of seven FATBW warrants to pay the exercise price and issuing to the reporting person the remaining 2,557 FATBW warrants. |
Warrant to purchase Common Stock Warrants
|
2,564 |
| 2025-05-28 | Elenowitz Mark |
Director |
Convert↓
Filing footnotes — Warrant to purchase Common Stock (FATBW) (Direct)
The reporting person exercised a non-traded warrant to purchase 2,564 publicly traded warrants (FATBW) of the Company for $0.01 per warrant. The reporting person paid the exercise price on a cashless basis, resulting in withholding of seven FATBW warrants to pay the exercise price and issuing to the reporting person the remaining 2,557 FATBW warrants. |
Warrant to purchase Common Stock (FATBW)
|
7 |
| 2025-05-28 | Elenowitz Mark |
Director |
Convert↑
Filing footnotes — Warrant to purchase Common Stock (FATBW) (Direct)
The reporting person exercised a non-traded warrant to purchase 2,564 publicly traded warrants (FATBW) of the Company for $0.01 per warrant. The reporting person paid the exercise price on a cashless basis, resulting in withholding of seven FATBW warrants to pay the exercise price and issuing to the reporting person the remaining 2,557 FATBW warrants. |
Warrant to purchase Common Stock (FATBW)
|
2,557 |
| 2025-03-18 | Roe Ron |
Senior VP of Finance |
Other↓
Filing footnotes — Stock option (right to buy) (Direct)
The reported transactions involve an amendment of an outstanding option to reduce the option exercise price by $2.599553 per share, resulting in the deemed cancellation of the "old" option with respect to those shares and the grant of a replacement option. The option was originally granted on November 16, 2021 and provides for vesting in three equal annual installments beginning on the first anniversary of the grant date. |
Stock option (right to buy)
|
25,000 |
| 2025-03-18 | Wiederhorn Thayer Donald |
Director, Chief Operating Officer |
Other↓
Filing footnotes — Stock option (right to buy) (Direct)
The reported transactions involve an amendment of an outstanding option to reduce the option exercise price by $2.599553 per share, resulting in the deemed cancellation of the "old" option with respect to those shares and the grant of a replacement option. The option was originally granted on October 20, 2017 and provides for vesting in three equal annual installments beginning on the first anniversary of the grant date. |
Stock option (right to buy)
|
15,318 |
| 2025-03-18 | Allen John Stephen |
Director |
Other↓
Filing footnotes — Stock option (right to buy) (Direct)
The reported transactions involve an amendment of an outstanding option to reduce the exercise price by $2.599553 per share, resulting in the deemed cancellation of the "old" option with respect to those shares and the grant of a replacement option. The option was originally granted on September 19, 2023 and provides for vesting in three equal annual installments beginning on the first anniversary of the grant date. |
Stock option (right to buy)
|
30,636 |
| 2025-03-18 | FEINSTEIN PETER R |
Director |
Other↓
Filing footnotes — Stock option (right to buy) (Direct)
The reported transactions involve an amendment of an outstanding option to reduce the exercise price by $2.599553 per share, resulting in the deemed cancellation of the "old" option with respect to those shares and the grant of a replacement option. The option was originally granted on July 25, 2023 and provides for vesting in three equal annual installments beginning on the first anniversary of the grant date. |
Stock option (right to buy)
|
30,636 |
| 2025-03-18 | GREEN MATTHEW |
Director |
Other↓
Filing footnotes — Stock option (right to buy) (Direct)
The reported transactions involve an amendment of an outstanding option to reduce the exercise price by $2.599553 per share, resulting in the deemed cancellation of the "old" option with respect to those shares and the grant of a replacement option. The option was originally granted on July 25, 2023 and provides for vesting in three equal annual installments beginning on the first anniversary of the grant date. |
Stock option (right to buy)
|
30,636 |
| 2025-03-18 | Kuick Kenneth |
Chief Financial Officer |
Award↑
Filing footnotes — Stock option (right to buy) (Direct)
The reported transactions involve an amendment of an outstanding option to reduce the exercise price by $2.599553 per share, resulting in the deemed cancellation of the "old" option with respect to those shares and the grant of a replacement option. The option was originally granted on April 26, 2023 and provides for vesting in three equal annual installments beginning on the first anniversary of the grant date. |
Stock option (right to buy)
|
50,000 |
| 2025-03-18 | Elenowitz Mark |
Director |
Award↑
Filing footnotes — Stock option (right to buy) (Direct)
The stock option vests in three equal annual installments beginning on the first anniversary of the grant date. |
Stock option (right to buy)
|
30,636 |
| 2025-03-18 | FEINSTEIN PETER R |
Director |
Other↓
Filing footnotes — Stock option (right to buy) (Direct)
The reported transactions involve an amendment of an outstanding option to reduce the option exercise price by $2.599553 per share, resulting in the deemed cancellation of the "old" option with respect to those shares and the grant of a replacement option. The option was originally granted on April 17, 2024 and provides for vesting in three equal annual installments beginning on the first anniversary of the grant date. |
Stock option (right to buy)
|
30,636 |
| 2025-03-18 | Allen John Stephen |
Director |
Award↑
Filing footnotes — Stock option (right to buy) (Direct)
The reported transactions involve an amendment of an outstanding option to reduce the option exercise price by $2.599553 per share, resulting in the deemed cancellation of the "old" option with respect to those shares and the grant of a replacement option. The option was originally granted on April 17, 2024 and provides for vesting in three equal annual installments beginning on the first anniversary of the grant date. |
Stock option (right to buy)
|
30,636 |
| 2025-03-18 | WIEDERHORN ANDREW |
Director |
Award↑
Filing footnotes — Stock option (right to buy) (Direct)
The reported transactions involve an amendment of an outstanding option to reduce the option exercise price by $2.599553 per share, resulting in the deemed cancellation of the "old" option with respect to those shares and the grant of a replacement option. The option was originally granted on April 17, 2024 and provides for vesting in three equal annual installments beginning on the first anniversary of the grant date. |
Stock option (right to buy)
|
30,636 |
| 2025-03-18 | GREEN MATTHEW |
Director |
Other↓
Filing footnotes — Stock option (right to buy) (Direct)
The reported transactions involve an amendment of an outstanding option to reduce the option exercise price by $2.599553 per share, resulting in the deemed cancellation of the "old" option with respect to those shares and the grant of a replacement option. The option was originally granted on April 17, 2024 and provides for vesting in three equal annual installments beginning on the first anniversary of the grant date. |
Stock option (right to buy)
|
30,636 |
| 2025-03-18 | GREEN MATTHEW |
Director |
Award↑
Filing footnotes — Stock option (right to buy) (Direct)
The reported transactions involve an amendment of an outstanding option to reduce the exercise price by $2.599553 per share, resulting in the deemed cancellation of the "old" option with respect to those shares and the grant of a replacement option. The option was originally granted on July 25, 2023 and provides for vesting in three equal annual installments beginning on the first anniversary of the grant date. |
Stock option (right to buy)
|
30,636 |
| 2025-03-18 | BERCHTOLD DONALD |
Director |
Award↑
Filing footnotes — Stock option (right to buy) (Direct)
The reported transactions involve an amendment of an outstanding option to reduce the option exercise price by $2.599553 per share, resulting in the deemed cancellation of the "old" option with respect to those shares and the grant of a replacement option. The option was originally granted on October 20, 2017 and provides for vesting in three equal annual installments beginning on the first anniversary of the grant date. |
Stock option (right to buy)
|
15,318 |
| 2025-03-18 | Sussman Allen |
Chief Legal Officer |
Other↓
Filing footnotes — Stock option (right to buy) (Direct)
The reported transactions involve an amendment of an outstanding option to reduce the exercise price by $2.599553 per share, resulting in the deemed cancellation of the "old" option with respect to those shares and the grant of a replacement option. The option was originally granted on December 10, 2018 and provides for vesting in three equal annual installments beginning on the first anniversary of the grant date. |
Stock option (right to buy)
|
15,318 |
| 2025-03-18 | Vidal Paba Maria Carmen |
Director |
Other↓
Filing footnotes — Stock option (right to buy) (Direct)
The reported transactions involve an amendment of an outstanding option to reduce the exercise price by $2.599553 per share, resulting in the deemed cancellation of the "old" option with respect to those shares and the grant of a replacement option. The option was originally granted on October 20, 2017 and provides for vesting in three equal annual installments beginning on the first anniversary of the grant date. |
Stock option (right to buy)
|
5,105 |
| 2025-03-18 | Wiederhorn Mason Alan |
Director, Chief Brand Officer |
Award↑
Filing footnotes — Stock option (right to buy) (Direct)
The reported transactions involve an amendment of an outstanding option to reduce the option exercise price by $2.599553 per share, resulting in the deemed cancellation of the "old" option with respect to those shares and the grant of a replacement option. The option was originally granted on October 20, 2017 and provides for vesting in three equal annual installments beginning on the first anniversary of the grant date. |
Stock option (right to buy)
|
15,318 |
| 2025-03-18 | Ellis James G |
Director |
Other↓
Filing footnotes — Stock option (right to buy) (Direct)
The reported transactions involve an amendment of an outstanding option to reduce the exercise price by $2.599553 per share, resulting in the deemed cancellation of the "old" option with respect to those shares and the grant of a replacement option. The option was originally granted on September 19, 2023 and provides for vesting in three equal annual installments beginning on the first anniversary of the grant date. |
Stock option (right to buy)
|
30,636 |
| 2025-03-18 | Wiederhorn Taylor Andrew |
Director, Chief Development Officer |
Other↓
Filing footnotes — Stock option (right to buy) (Direct)
The reported transactions involve an amendment of an outstanding option to reduce the exercise price by $2.599553 per share, resulting in the deemed cancellation of the "old" option with respect to those shares and the grant of a replacement option. The option was originally granted on December 10, 2018 and provides for vesting in three equal annual installments beginning on the first anniversary of the grant date. |
Stock option (right to buy)
|
15,318 |
| 2025-03-18 | Ellis James G |
Director |
Award↑
Filing footnotes — Stock option (right to buy) (Direct)
The stock option vests in three equal annual installments beginning on the first anniversary of the grant date. |
Stock option (right to buy)
|
30,636 |