Bankwell director sells 3,500 BWFG shares
Bankwell Financial Group director Todd Lampert reported an open-market sale of 3,500 shares of common stock on June 5, 2026, at an average price of $53.59 per share.
Rhea-AI Filing Summary
Bankwell Financial Group director Todd Lampert reported an open-market sale of 3,500 shares of common stock on June 5, 2026, at an average price of $53.59 per share. After this sale, he directly holds 12,366 common shares and also reports indirect holdings through an IRA and a spouse's IRA.
The filing also details multiple grants of restricted stock under Bankwell’s 2012 and 2022 Stock Plans, with portions scheduled to vest annually between 2026 and 2029. These awards represent ongoing equity-based compensation that increases his exposure to Bankwell’s future performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,500 shares
Net Sell
8 txns
Insider
Lampert Todd
Role
Director
Sold
3,500 shs ($188K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,500 | $53.59 | $188K |
| 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 — 16,246 shares (Direct);
Common Stock — 8,608 shares (Indirect, IRA);
Common Stock — 9,699 shares (Indirect, Spouse's IRA)
Footnotes (6)
- F1. Range of reported sale price is $53.01 - $54.01. Reporting person agrees to provide individual transaction information to SEC upon request.
- F2. 291 shares of restricted stock granted on February 9, 2026, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan and will fully vest on February 7, 2027.
- F3. 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.
- F4. 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.
- F5. 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.
- F6. 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.
Key Figures
Shares sold: 3,500 shares
Average sale price: $53.59 per share
Sale price range: $53.01–$54.01 per share
+5 more
8 metrics
Shares sold
3,500 shares
Open-market sale of common stock on June 5, 2026
Average sale price
$53.59 per share
Open-market sale of 3,500 common shares
Sale price range
$53.01–$54.01 per share
Price range for reported sale transactions
Direct holdings after sale
12,366 shares
Common stock directly owned following June 5, 2026 sale
Spouse's IRA holdings
9,699 shares
Common stock held indirectly via spouse's IRA
IRA holdings
8,608 shares
Common stock held indirectly via IRA
2025 restricted stock grant
1,800 shares
Restricted stock granted February 7, 2025 under 2022 Stock Plan
2026 single-year restricted grant
291 shares
Restricted stock granted February 9, 2026, vests February 7, 2027
Key Terms
open-market sale, restricted stock, Stock Plan, IRA, +1 more
5 terms
open-market sale financial
"Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
restricted stock financial
"291 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"
IRA financial
"nature_of_ownership: "IRA" and "Spouse's IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
vesting financial
"will fully vest on February 7, 2027"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Bankwell Financial Group (BWFG) report for Todd Lampert?
Bankwell director Todd Lampert reported selling 3,500 shares of common stock in an open-market transaction on June 5, 2026, at an average price of $53.59 per share. The filing classifies this as a sale in the open market or a private transaction.
Does Todd Lampert have indirect holdings of Bankwell Financial Group (BWFG) stock?
Yes. The filing shows indirect ownership through an IRA and a spouse's IRA, with reported positions of 9,699 shares in the spouse's IRA and 8,608 shares in an IRA. These indirect accounts supplement his directly held Bankwell common stock.
What restricted stock awards does Todd Lampert have from Bankwell Financial Group (BWFG)?
Lampert holds several restricted stock grants under Bankwell’s 2012 and 2022 Stock Plans. Awards include 1,600 shares granted in 2022, 1,600 in 2023, and 1,800 in 2025, with portions vesting annually through February 2029 as specified in the vesting schedules.
Over what period will Todd Lampert’s BWFG restricted stock continue to vest?
According to the vesting schedules, portions of Todd Lampert’s restricted stock are set to vest on February 7 of 2026, 2027, 2028, and 2029. These future vesting dates gradually convert restricted awards into fully vested Bankwell Financial Group common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
