Entities tied to Bankwell (BWFG) director purchase 2,520 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bankwell Financial Group director Lawrence B. Seidman reported new open‑market purchases of common stock made by several affiliated investment entities. On February 27, 2026, those entities bought a combined 2,520 shares of Bankwell common stock at prices between $46.77 and $46.90 per share, all reported as indirect ownership.
The filing also describes multiple restricted stock grants under Bankwell’s stock plans, including 1,455 shares granted on February 9, 2026 and earlier awards from 2025, 2023 and 2022, with portions scheduled to vest annually through February 7, 2029 and some tranches already vested as of the filing date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,520 shares ($117,926)
Net Buy
12 txns
Insider
SEIDMAN LAWRENCE B
Role
Director
Bought
2,520 shs ($118K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,025 | $46.77 | $48K |
| Purchase | Common Stock | 318 | $46.81 | $15K |
| Purchase | Common Stock | 191 | $46.85 | $9K |
| Purchase | Common Stock | 619 | $46.78 | $29K |
| Purchase | Common Stock | 231 | $46.83 | $11K |
| Purchase | Common Stock | 136 | $46.90 | $6K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 200,244 shares (Indirect, By Seidman and Associates, L.L.C.);
Common Stock — 1,455 shares (Direct)
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.
FAQ
What did BWFG director Lawrence B. Seidman report in this Form 4?
Lawrence B. Seidman reported that several affiliated investment entities bought Bankwell Financial Group common stock in open‑market transactions. The Form 4 also updates his indirect and direct holdings and details multiple restricted stock awards with specified vesting schedules under Bankwell’s stock incentive plans.
What restricted stock awards in BWFG does Lawrence B. Seidman hold?
He holds several restricted stock awards, including 1,455 shares granted February 9, 2026; 1,800 shares granted February 7, 2025; and 1,600‑share grants from December 29, 2023 and December 30, 2022. Portions of each award vest annually under Bankwell’s stock plans.