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Bankwell Financial (NASDAQ: BWFG) insider plans 1,985-share Rule 144 sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Bankwell Financial Group, Inc. received a notice that a shareholder plans to sell 1,985 shares of its common stock under Rule 144. The shares, valued at an aggregate market price of $98,852.00, are to be sold through Citigroup Global Markets on NASDAQ around February 9, 2026.

The shares come from restricted stock that vested on February 9, 2026, as compensation from Bankwell Financial Group, Inc. The filing also notes that Christine Chivily sold 2,533 common shares on November 12, 2025, generating gross proceeds of $116,164.21.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the BWFG Form 144 filing disclose about planned share sales?

The filing discloses a planned sale of 1,985 Bankwell Financial Group, Inc. common shares under Rule 144. These shares have an aggregate market value of $98,852.00 and are expected to be sold through Citigroup Global Markets on NASDAQ around February 9, 2026.

How were the Bankwell Financial (BWFG) shares being sold under Form 144 acquired?

The 1,985 shares of Bankwell Financial Group, Inc. common stock were acquired through restricted stock vesting on February 9, 2026. The shares were received from Bankwell Financial Group, Inc. as compensation, rather than purchased for cash in the open market.

Which broker will handle the BWFG Rule 144 share sale and on which exchange?

The planned sale of 1,985 Bankwell Financial Group, Inc. common shares will be handled by Citigroup Global Markets, Inc., based at 390 Greenwich St, New York. The filing states that the shares are expected to be sold on the NASDAQ stock exchange.

What prior BWFG share sales are reported in the Form 144 filing?

The filing reports that Christine Chivily sold 2,533 Bankwell Financial common shares on November 12, 2025. Those sales generated $116,164.21 in gross proceeds, and they are disclosed as securities sold during the past three months for aggregation under Rule 144.

What is the relationship between the BWFG Form 144 filing and Rule 10b5-1 plans?

The form explains that if the seller uses a written trading plan or instructions under Rule 10b5-1, signing the notice represents they lacked undisclosed material adverse information as of the plan or instruction date, aligning the sale with insider trading safeguards in securities regulations.

What representation does the BWFG Form 144 seller make about company information?

By signing the notice, the person for whose account the securities are sold represents they do not know any material adverse information about Bankwell Financial Group, Inc.’s current or prospective operations that has not been publicly disclosed, as required under the Rule 144 framework.
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