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Bankwell director Dale buys 530 shares at $67.11

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(Positive)
Form Type
4

Rhea-AI Filing Summary

Bankwell Financial Group, Inc. (BWFG) director Eric J. Dale reported purchasing 530 shares of common stock on September 8, 2026 at $67.11 per share through a Deferred Compensation Plan, bringing his indirectly held stake in that plan to 43,026 shares of common stock.

Separate holding entries describe multiple restricted stock awards previously granted under the 2022 Bankwell Financial Group, Inc. Stock Plan, with portions vesting annually through February 2029.

Positive

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Insider Dale Eric J
Role Director
Bought 530 shs ($36K)
Type Security Shares Price Value
Purchase Common Stock 530 $67.11 $36K
holding Common Stock F1 -- -- --
holding Common Stock F2 -- -- --
holding Common Stock F3 -- -- --
holding Common Stock F4 -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 43,026 shares (Indirect, Deferred Compensation Plan); Common Stock — 40,919 shares (Direct)
Footnotes (4)
  1. F1. 1,600 shares of restricted stock granted on December 30, 2022, pursuant to the 2022 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.
  2. 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.
  3. 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.
  4. 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.
Shares purchased 530 shares Common stock purchased on September 8, 2026
Purchase price per share $67.11 per share Common stock purchase on September 8, 2026
Indirect holdings after transaction 43,026 shares Common stock held via Deferred Compensation Plan after September 8, 2026 trade
Restricted stock grant 2022 1,600 shares Granted December 30, 2022; 1,200 vested as of filing date
Restricted stock grant 2023 1,600 shares Granted December 29, 2023; 1,066 vested as of filing date
Restricted stock grant 2025 1,800 shares Granted February 7, 2025; 600 vested as of filing date
Restricted stock grant 2026 1,455 shares Granted February 9, 2026; all subject to future vesting
Deferred Compensation Plan financial
"Shares were held 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 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.
2022 Bankwell Financial Group, Inc. Stock Plan financial
"pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan"

FAQ

What insider transaction did BWFG director Eric J. Dale report?

He reported a purchase of 530 shares of Bankwell Financial Group, Inc. common stock on September 8, 2026, executed at a price of $67.11 per share through a Deferred Compensation Plan.

How many BWFG shares does Eric J. Dale hold indirectly after this transaction?

Following the September 8, 2026 purchase, Eric J. Dale indirectly holds 43,026 shares of Bankwell Financial Group, Inc. common stock through a Deferred Compensation Plan, as reported in the filing.

Were the BWFG shares bought under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not affirmed, and there is no footnote indicating that the September 8, 2026 purchase was made under a Rule 10b5-1 or other pre-arranged trading plan.

What restricted stock awards in BWFG does Eric J. Dale report from the 2022 Stock Plan?

He reports grants of 1,600 shares on December 30, 2022; 1,600 shares on December 29, 2023; 1,800 shares on February 7, 2025; and 1,455 shares on February 9, 2026, all under the 2022 Bankwell Financial Group, Inc. Stock Plan.

How many of Dale’s BWFG restricted shares have vested as of this filing?

As of the filing date, 1,200 shares from the 2022 grant, 1,066 shares from the 2023 grant, and 600 shares from the 2025 grant have vested, according to the footnotes describing those restricted stock awards.

Over what period will Eric J. Dale’s BWFG restricted stock continue to vest?

The restricted stock awards vest in annual installments, with described vesting dates running from January 2, 2024 and continuing annually through February 7, 2029, based on each grant’s schedule in the footnotes.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Dale Eric J

(Last)(First)(Middle)
C/O BANKWELL FINANCIAL GROUP, INC.
258 ELM STREET

(Street)
NEW CANAAN CONNECTICUT 06840

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Bankwell Financial Group, Inc. [ BWFG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/08/2026P530A$67.1143,026IDeferred Compensation Plan
Common Stock400D(1)
Common Stock534D(2)
Common Stock1,200D(3)
Common Stock1,455D(4)
Common Stock37,330D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 1,600 shares of restricted stock granted on December 30, 2022, pursuant to the 2022 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.
2. 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.
3. 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.
4. 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.
Remarks:
/s/ Angelo G. Fusaro, Attorney-in-Fact for Eric J. Dale09/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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