[144] Bankwell Financial Group Inc SEC Filing

Rhea-AI Filing Summary

Bankwell Financial Group (BWFG) insider sale notice: A Form 144 shows proposed sale of 3,300 common shares through Morgan Stanley Smith Barney with an aggregate market value of $139,558.32, indicating an approximate sale date of 08/28/2025 on NASDAQ. The shares were originally received as director compensation on 05/08/2014. The filing also discloses a recent sale by Todd Lampert of 2,000 shares on 08/27/2025, generating gross proceeds of $85,136.80. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.

Positive

• Clear regulatory compliance: Form 144 filed with broker details, share amounts, and proceeds disclosed
• Transparency on acquisition: Shares were acquired as director compensation on 05/08/2014 and that origin is stated

Negative

• None.

Insights

Financial Analyst

TL;DR: Small, disclosed insider sales; immaterial to capitalization but worth noting for liquidity and insider activity.

The Form 144 reports a proposed sale of 3,300 common shares valued at $139,558.32 and a completed sale of 2,000 shares for $85,136.80. Relative to the reported 7,877,443 shares outstanding in the notice, these transactions represent a very small percentage of the outstanding equity (well under 0.1%). From a financial perspective, these disclosures are routine and comply with Rule 144 requirements; they do not by themselves provide evidence of material financial stress or operational issues at the company because the filing contains no earnings, guidance, or other performance metrics.

Corporate Governance Expert

TL;DR: Properly documented insider sales with required certifications; governance-compliant but signals insider liquidity.

The filing shows shares acquired as director compensation in 2014 being sold in 2025 and includes the signature representation regarding material non-public information, consistent with compliance expectations. The disclosure of both the broker, sale dates, and proceeds (including a prior 2,000-share sale) supports transparency. For governance review, the transactions are routine director liquidity events; the filing does not disclose any trading plan dates or additional context, so no conclusions about intent or pattern can be drawn from this document alone.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	3300	139558.32	7877443	08/28/2025	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/08/2014	Director Compensation	Issuer			3300	05/08/2014	Compensation

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
TODD LAMPERT 220 Elm Street New Canaan CT 06840	Common	08/27/2025	2000	85136.80

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What insider sale does the BWFG Form 144 disclose?

The notice reports a proposed sale of 3,300 common shares through Morgan Stanley Smith Barney with an aggregate market value of $139,558.32, approx. sale date 08/28/2025.

How many shares were sold recently by Todd Lampert according to the filing?

Todd Lampert sold 2,000 common shares on 08/27/2025, generating gross proceeds of $85,136.80.

When and how were the shares being sold originally acquired?

The 3,300 shares were acquired on 05/08/2014 as director compensation from the issuer.

What exchange and broker are referenced for the proposed sale?

The proposed sale lists NASDAQ as the exchange and Morgan Stanley Smith Barney LLC as the broker.

Does the filing state any undisclosed material adverse information?

The signer represents they do not know of any material adverse information about the issuer that has not been publicly disclosed.