BWFG director buys 370 Bankwell shares at $53.70
Bankwell Financial Group, Inc. director Carl M. Porto reported an open-market purchase of company stock.
Rhea-AI Filing Summary
Bankwell Financial Group, Inc. director Carl M. Porto reported an open-market purchase of company stock. On June 5, 2026, he bought 370 shares of Bankwell Financial Group common stock at $53.70 per share through a Deferred Compensation Plan, bringing that plan’s holdings to 22,070 shares.
He also reports various direct and indirect restricted stock positions. Footnotes describe grants of 1,600 shares on December 31, 2022, 1,600 shares on December 29, 2023, 1,800 shares on February 7, 2025, and 1,455 shares on February 9, 2026 under company stock plans, with portions of these awards already vested as of the filing date.
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Insider Trade Summary
Net Buyer: 370 shares
Net Buy
7 txns
Insider
Porto Carl M
Role
Director
Bought
370 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 370 | $53.70 | $20K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 22,070 shares (Indirect, Deferred Compensation Plan);
Common Stock — 25,987 shares (Direct);
Common Stock — 4,303 shares (Indirect, Law Firm Pension Plan)
Footnotes (4)
- F1. 1,600 shares of restricted stock granted on December 31, 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.
Key Figures
Open-market purchase: 370 shares
Purchase price: $53.70 per share
Deferred Compensation Plan holdings: 22,070 shares
+5 more
8 metrics
Open-market purchase
370 shares
Common Stock on June 5, 2026
Purchase price
$53.70 per share
Common Stock bought June 5, 2026
Deferred Compensation Plan holdings
22,070 shares
Indirect ownership after June 5, 2026 purchase
2022 restricted stock grant
1,600 shares
Granted December 31, 2022; 1,200 vested as of filing
Vested from 2022 grant
1,200 shares
Restricted stock vested as of filing date
2023 restricted stock grant
1,600 shares
Granted December 29, 2023; 1,066 vested as of filing
2025 restricted stock grant
1,800 shares
Granted February 7, 2025; 600 vested as of filing
2026 restricted stock grant
1,455 shares
Granted February 9, 2026 under 2022 Stock Plan
Key Terms
Deferred Compensation Plan, Law Firm Pension Plan, restricted stock, Stock Plan
4 terms
Deferred Compensation Plan financial
"nature_of_ownership: "Deferred Compensation Plan" for the 370-share purchase"
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.
Law Firm Pension Plan financial
"nature_of_ownership: "Law Firm Pension Plan" on an indirect holding line"
restricted stock financial
"“1,600 shares of restricted stock granted on December 31, 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.
Stock Plan financial
""pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Carl M. Porto report for Bankwell Financial Group (BWFG)?
Carl M. Porto reported buying 370 shares of Bankwell Financial Group common stock. The purchase occurred on June 5, 2026 through a Deferred Compensation Plan and is recorded as an open-market or private transaction, indicating an increase in his indirect economic exposure to BWFG shares.
What restricted stock grants does Carl M. Porto have in Bankwell Financial Group (BWFG)?
Footnotes show several restricted stock grants: 1,600 shares on December 31, 2022, 1,600 shares on December 29, 2023, 1,800 shares on February 7, 2025, and 1,455 shares on February 9, 2026. These awards were issued under Bankwell stock plans with multi-year vesting schedules.
AI-generated analysis. How Rhea-AI works. Not financial advice.
