Bankwell Financial Group (BWFG) director Seidman awarded 1,455 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bankwell Financial Group director Lawrence B. Seidman received a new equity grant in the company. On February 9, 2026, he was awarded 1,455 shares of Bankwell common stock as restricted stock at a price of $0 under the 2022 Stock Plan.
The grant vests in three equal installments of 485 shares on February 7, 2027, February 7, 2028, and February 7, 2029, aligning his compensation with longer-term performance. The filing also lists his existing direct holdings and substantial indirect ownership through several investment entities and plans.
Positive
- None.
Negative
- None.
Insider Trade Summary
12 transactions reported
Mixed
12 txns
Insider
SEIDMAN LAWRENCE B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,455 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,455 shares (Direct);
Common Stock — 194,509 shares (Indirect, By Seidman and Associates, L.L.C.)
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. 1,600 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. 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. 1,800 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.
FAQ
What insider transaction did Lawrence B. Seidman report at Bankwell Financial Group (BWFG)?
Lawrence B. Seidman reported receiving 1,455 shares of Bankwell Financial Group common stock as a restricted stock grant on February 9, 2026. The award was granted at $0 per share as part of the company’s stock-based director compensation program.
What other restricted stock awards to Lawrence B. Seidman are disclosed in this Bankwell (BWFG) filing?
The filing notes earlier restricted stock grants of 1,600 shares each from December 30, 2022, December 29, 2023, and 1,800 shares from February 7, 2025. Portions of these awards have already vested, with remaining shares scheduled to vest annually on specified February dates.
Does this Bankwell (BWFG) Form 4 show stock sales by Lawrence B. Seidman?
No stock sales are reported. The only transaction coded is an “A” for acquisition of 1,455 restricted shares. The rest of the entries show updated beneficial ownership positions, both direct and indirect, after this grant rather than new sales or purchases.
What indirect Bankwell (BWFG) holdings are associated with Lawrence B. Seidman?
Indirect holdings are reported through several entities, including Seidman and Associates, L.L.C., Seidman Investment Partnerships, LSBK06-08, L.L.C., Broad Park Investors, L.L.C., Chewy Gooey Cookies, L.P., and a Deferred Compensation Plan. Each line shows Bankwell common shares beneficially owned through that vehicle.