Bankwell director Porto buys 327 shares at $67
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Bankwell Financial Group, Inc. (BWFG) director Carl M. Porto reported an open-market-style purchase of 327 shares of common stock on September 8, 2026 at $67.11 per share, acquired indirectly through a Deferred Compensation Plan, bringing that plan’s reported holdings to 22,397 shares. He also reports indirect ownership of 4,303 shares through a Law Firm Pension Plan and multiple grants of restricted stock that vest in annual installments under the company’s 2012 and 2022 Stock Plans.
No Rule 10b5-1 trading plan is indicated for this transaction.
Insider Trade Summary
Net Buyer: 327 shares
Net Buy
7 txns
Insider
Porto Carl M
Role
Director
Bought
327 shs ($22K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 327 | $67.11 | $22K |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 22,397 shares (Indirect, Deferred Compensation Plan);
Common Stock — 25,987 shares (Direct);
Common Stock — 4,303 shares (Indirect, Law Firm Pension Plan)
Footnotes (4)
- F1. 1,600 shares of restricted stock granted on December 31, 2022, pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan and will vest in four equal annual installments of 25%, with the first installment vested on January 2, 2024 and an additional 25% to vest on each annual anniversary of the vesting date thereafter. As of the filing date, 1,200 shares have vested.
- F2. 1,600 shares of restricted stock granted on December 29, 2023, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan with 533 vested on February 7, 2025, 533 will vest on February 7, 2026 and 534 will vest on February 7, 2027. As of the filing date, 1,066 shares have vested.
- F3. 1,800 shares of restricted stock granted on February 7, 2025, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan with 600 to vest on February 7, 2026. 600 will vest on February 7, 2027 and 600 will vest on February 7, 2028. As of the filing date, 600 shares have vested.
- F4. 1,455 shares of restricted stock granted on February 9, 2026, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan with 485 to vest on February 7, 2027. 485 will vest on February 7, 2028 and 485 will vest on February 7, 2029.
Key Figures
Shares purchased: 327 shares
Purchase price per share: $67.11 per share
Deferred Compensation Plan holdings: 22,397 shares
+5 more
8 metrics
Shares purchased
327 shares
Common Stock purchased on September 8, 2026
Purchase price per share
$67.11 per share
Open-market or private purchase on September 8, 2026
Deferred Compensation Plan holdings
22,397 shares
Indirect common stock holdings following the reported purchase
Law Firm Pension Plan holdings
4,303 shares
Indirect common stock holdings as of September 8, 2026
Restricted stock grant 12/31/2022
1,600 shares (1,200 vested)
Granted under the 2012 Stock Plan; vests 25% annually beginning January 2, 2024
Restricted stock grant 12/29/2023
1,600 shares (1,066 vested)
Granted under the 2022 Stock Plan; installments vest February 7, 2025–2027
Restricted stock grant 02/07/2025
1,800 shares (600 vested)
Granted under the 2022 Stock Plan; annual vesting 2026–2028
Restricted stock grant 02/09/2026
1,455 shares
Granted under the 2022 Stock Plan; annual vesting 2027–2029
Key Terms
Deferred Compensation Plan, restricted stock, vesting, Stock Plan, +1 more
5 terms
Deferred Compensation Plan financial
"acquired indirectly through a Deferred Compensation Plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
restricted stock financial
"1,600 shares of restricted stock granted on December 31, 2022"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vesting financial
"will vest in four equal annual installments of 25%"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Stock Plan financial
"pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan"
Law Firm Pension Plan financial
"indirect, nature of ownership Law Firm Pension Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BWFG director Carl M. Porto report on September 8, 2026?
He reported a purchase of 327 shares of Bankwell Financial Group common stock on September 8, 2026 at a price of $67.11 per share, acquired indirectly through a Deferred Compensation Plan.
Was the BWFG insider trade by Carl M. Porto under a Rule 10b5-1 plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not selected, so no Rule 10b5-1 trading plan is reported in connection with Carl M. Porto’s purchase of Bankwell Financial Group shares.
What restricted stock awards in BWFG does Carl M. Porto report holding?
He reports restricted stock grants of 1,600 shares from December 31, 2022; 1,600 shares from December 29, 2023; 1,800 shares from February 7, 2025; and 1,455 shares from February 9, 2026, all vesting in scheduled annual installments.
What is the nature of Carl M. Porto’s indirect BWFG holdings on this Form 4?
His indirect holdings consist of 22,397 shares held through a Deferred Compensation Plan and 4,303 shares held through a Law Firm Pension Plan, in addition to directly held and restricted stock positions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
