Bankwell Financial (NASDAQ: BWFG) director boosts stake with new stock purchases
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bankwell Financial Group director Lawrence B. Seidman reported additional indirect purchases of BWFG common stock. On May 13, 2026, affiliated investment entities completed several open‑market purchases totaling 1,930 common shares at prices around $50 per share, including buys by Chewy Gooey Cookies, L.P., Broad Park Investors, L.L.C., LSBK06-08, L.L.C., Seidman Investment Partnership II, L.P., Seidman Investment Partnership, L.P., and Seidman and Associates, L.L.C.
The filing also updates Seidman’s direct and indirect holdings, including shares held in a Deferred Compensation Plan, and details restricted stock awards granted between 2022 and 2026 under company stock plans, with scheduled vesting dates extending annually through February 7, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,930 shares ($96,709)
Net Buy
12 txns
Insider
SEIDMAN LAWRENCE B
Role
null
Bought
1,930 shs ($97K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 810 | $50.07 | $41K |
| Purchase | Common Stock | 200 | $50.14 | $10K |
| Purchase | Common Stock | 149 | $50.18 | $7K |
| Purchase | Common Stock | 488 | $50.09 | $24K |
| Purchase | Common Stock | 179 | $50.16 | $9K |
| Purchase | Common Stock | 104 | $50.24 | $5K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 217,714 shares (Indirect, By Seidman and Associates, L.L.C.);
Common Stock — 1,455 shares (Direct, null)
Footnotes (1)
- 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. 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. 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. 1,600 shares of restricted stock granted on December 30, 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 vesting 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.
Key Figures
Total net shares bought: 1,930 shares
Chewy Gooey Cookies LP position: 24,521 shares
Broad Park Investors position: 134,912 shares
+5 more
8 metrics
Total net shares bought
1,930 shares
Open‑market purchases on May 13, 2026 by affiliated entities
Chewy Gooey Cookies LP position
24,521 shares
Total BWFG common shares after buying 104 shares at $50.24 on May 13, 2026
Broad Park Investors position
134,912 shares
Total after buying 179 shares at $50.16 on May 13, 2026
LSBK06-08, L.L.C. position
128,173 shares
Total after buying 488 shares at $50.09 on May 13, 2026
Seidman Investment Partnership II position
176,570 shares
Total after buying 149 shares at $50.18 on May 13, 2026
Seidman Investment Partnership position
140,503 shares
Total after buying 200 shares at $50.14 on May 13, 2026
Seidman and Associates, L.L.C. position
217,714 shares
Total after buying 810 shares at $50.07 on May 13, 2026
2026 restricted stock grant
1,455 shares
Grant on February 9, 2026 vesting in 485-share tranches through February 7, 2029
Key Terms
open-market purchase, Deferred Compensation Plan, restricted stock, Stock Plan, +2 more
6 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Deferred Compensation Plan financial
"nature_of_ownership": "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
"1,455 shares of restricted stock granted on February 9, 2026"
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.
Stock Plan financial
"pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan"
indirect financial
"ownership_type": "indirect""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transactions did BWFG director Lawrence Seidman report?
Lawrence B. Seidman reported indirect open‑market purchases totaling 1,930 Bankwell Financial Group (BWFG) shares on May 13, 2026 through several affiliated investment entities at prices around $50 per share.
What restricted stock awards to Lawrence Seidman are disclosed for BWFG?
The filing discloses several restricted stock grants to Lawrence Seidman from 2022 to 2026, including awards of 1,455, 1,800, and 1,600 shares, each vesting in annual installments under Bankwell stock plans through February 7, 2029.
When will Lawrence Seidman’s 2026 BWFG restricted stock grant fully vest?
The 1,455 restricted shares granted on February 9, 2026 are scheduled to vest in three equal tranches of 485 shares on February 7, 2027, February 7, 2028, and February 7, 2029, assuming continued satisfaction of vesting conditions.