Bankwell director Drexler buys 116 shares at $67.11
Bankwell Financial Group, Inc. (BWFG) director Blake S. Drexler reported an open‑market purchase of 116 shares of common stock on September 8, 2026 at $67.11 per share through a Deferred Compensation Plan, bringing that indirect plan holding to 37,049 shares.
Rhea-AI Filing Summary
Bankwell Financial Group, Inc. (BWFG) director Blake S. Drexler reported an open‑market purchase of 116 shares of common stock on September 8, 2026 at $67.11 per share through a Deferred Compensation Plan, bringing that indirect plan holding to 37,049 shares. Additional reported positions include 1,128 shares held indirectly via an IRA‑401(k) and 58,224 shares held by family members over which he exercises effective control. Multiple restricted stock grants from 2022–2026 under company stock plans are disclosed with detailed vesting schedules, some of which have partially vested as of the filing date. No Rule 10b5‑1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 116 shares
Net Buy
8 txns
Insider
Drexler Blake S
Role
Director
Bought
116 shs ($8K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 116 | $67.11 | $8K |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F5 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 37,049 shares (Indirect, Deferred Compensation Plan);
Common Stock — 164,450 shares (Direct);
Common Stock — 1,128 shares (Indirect, IRA-401(k));
Common Stock — 58,224 shares (Indirect, Exercises Control)
Footnotes (5)
- F1. 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 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.
- F5. Includes 58,224 shares that are held by family members over which he exercises effective control.
Key Figures
Shares purchased: 116 shares
Purchase price per share: $67.11 per share
Deferred Compensation Plan holding: 37,049 shares
+5 more
8 metrics
Shares purchased
116 shares
Common stock bought on September 8, 2026
Purchase price per share
$67.11 per share
Open‑market or private transaction on September 8, 2026
Deferred Compensation Plan holding
37,049 shares
Indirect common stock holding after the reported purchase
IRA-401(k) holding
1,128 shares
Indirect common stock holding in IRA‑401(k)
Family-held shares under control
58,224 shares
Shares held by family members over which he exercises effective control
2022 restricted stock grant
1,600 shares (1,200 vested)
Granted December 30, 2022 under the 2012 Stock Plan
2023 restricted stock grant
1,600 shares (1,066 vested)
Granted December 29, 2023 under the 2022 Stock Plan
2025 restricted stock grant
1,800 shares (600 vested)
Granted February 7, 2025 under the 2022 Stock Plan
Key Terms
Deferred Compensation Plan, restricted stock, IRA-401(k), Stock Plan
4 terms
Deferred Compensation Plan financial
"through a Deferred Compensation Plan, bringing that indirect plan holding"
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 30, 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.
IRA-401(k) financial
"held indirectly via an IRA‑401(k) and 58,224 shares held"
Stock Plan financial
"pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan"
FAQ
What did BWFG director Blake S. Drexler report buying on this Form 4?
He reported a purchase of 116 shares of Bankwell Financial Group common stock on September 8, 2026 at $67.11 per share, acquired indirectly through a Deferred Compensation Plan.
What other indirect BWFG holdings does Drexler report on this Form 4?
He reports 1,128 shares held indirectly via an IRA‑401(k) and 58,224 shares held by family members over which he exercises effective control, in addition to the Deferred Compensation Plan holdings.
What restricted stock awards in BWFG are disclosed for Drexler?
Disclosed awards include 1,600 shares granted in 2022, 1,600 shares in 2023, 1,800 shares in 2025, and 1,455 shares in 2026, all under Bankwell stock plans, with portions of the 2022–2025 grants already vested as stated.
AI-generated analysis. How Rhea-AI works. Not financial advice.
