Bankwell director Seidman buys 10,000 shares
Bankwell Financial Group, Inc. director Lawrence B. Seidman reported multiple open-market purchases of Common Stock on August 7, 2026, totaling 10,000 shares at prices around the mid-$60s per share.
Rhea-AI Filing Summary
Bankwell Financial Group, Inc. director Lawrence B. Seidman reported multiple open-market purchases of Common Stock on August 7, 2026, totaling 10,000 shares at prices around the mid-$60s per share. All purchases were made indirectly through affiliated entities, including Seidman and Associates, L.L.C., several investment partnerships, and other LLCs and LPs. Following these transactions, reported indirect holdings include 222,690 shares at Seidman and Associates, L.L.C. and 4,844 shares in a Deferred Compensation Plan. Footnotes also describe previously granted restricted stock awards under Bankwell’s stock plans with staggered vesting dates through 2029.
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 10,000 shares
Net Buy
12 txns
Insider
SEIDMAN LAWRENCE B
Role
Director
Bought
10,000 shs ($666K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,934 | $66.62 | $262K |
| Purchase | Common Stock | 1,012 | $66.63 | $67K |
| Purchase | Common Stock | 853 | $66.64 | $57K |
| Purchase | Common Stock | 2,621 | $66.62 | $175K |
| Purchase | Common Stock | 1,022 | $66.63 | $68K |
| Purchase | Common Stock | 558 | $66.65 | $37K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 222,690 shares (Indirect, By Seidman and Associates, L.L.C.);
Common Stock — 142,079 shares (Indirect, By Seidman Investment Partnership, L.P.);
Common Stock — 178,133 shares (Indirect, By Seidman Investment Partnership II, L.P.);
Common Stock — 131,308 shares (Indirect, By LSBK06-08, L.L.C.);
Common Stock — 136,476 shares (Indirect, By Broad Park Investors, L.L.C.);
Common Stock — 25,177 shares (Indirect, By Chewy Gooey Cookies, L.P.);
Common Stock — 21,052 shares (Direct);
Common Stock — 4,844 shares (Indirect, Deferred Compensation Plan)
Footnotes (4)
- F1. 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.
- F2. 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.
- F3. 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.
- 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.
Key Figures
Total shares purchased: 10,000 shares
Purchase price per share: $66.62
Indirect holdings after transaction: 222,690 shares
+3 more
6 metrics
Total shares purchased
10,000 shares
Open-market purchases of Bankwell Common Stock on August 7, 2026
Purchase price per share
$66.62
Example price for 3,934-share purchase by Seidman and Associates, L.L.C.
Indirect holdings after transaction
222,690 shares
Common Stock held by Seidman and Associates, L.L.C. after August 7, 2026 purchase
Deferred compensation holdings
4,844 shares
Common Stock held indirectly through a Deferred Compensation Plan
2026 restricted stock grant
1,455 shares
Granted February 9, 2026 under 2022 Stock Plan, vesting through 2029
2025 restricted stock grant
1,800 shares
Granted February 7, 2025 under 2022 Stock Plan, vesting 2026–2028
Key Terms
restricted stock, Deferred Compensation Plan, Stock Plan, vesting
4 terms
restricted stock financial
"1,455 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.
Deferred Compensation Plan financial
"nature_of_ownership: 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.
Stock Plan financial
"pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan"
vesting financial
"485 to vest on February 7, 2027. 485 will vest on February 7, 2028"
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 purchases did BWFG director Lawrence B. Seidman report?
Lawrence B. Seidman reported purchasing 10,000 shares of Bankwell Financial Group, Inc. (BWFG) Common Stock on August 7, 2026. These open-market buys occurred across several affiliated entities at per-share prices in the $66.62–$66.65 range.
What are Seidman’s reported post-transaction BWFG holdings in key entities?
After the August 7, 2026 trades, Seidman-associated entities report holdings such as 222,690 shares at Seidman and Associates, L.L.C., 142,079 shares at Seidman Investment Partnership, L.P., and 4,844 shares in a Deferred Compensation Plan.
What restricted stock awards in BWFG does Seidman have outstanding?
Footnotes list BWFG restricted stock grants of 1,455 shares (February 9, 2026), 1,800 shares (February 7, 2025), and two 1,600-share awards (December 29, 2023 and December 30, 2022), with portions vesting annually through 2029 under company stock plans.
Were the BWFG insider purchases made under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed, and no footnote states the August 7, 2026 BWFG purchases were made pursuant to a trading plan, so they are reported as regular open-market transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
