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Bankwell director Dunne buys 261 shares at $67.11

(Neutral)
(Positive)
Form Type
4

Rhea-AI Filing Summary

Bankwell Financial Group, Inc. (BWFG) director Jeffrey R. Dunne reported purchasing 261 shares of common stock on September 8, 2026 at $67.11 per share through a Deferred Compensation Plan, bringing his indirect holdings in that plan to 6,381 shares of common stock. The filing also lists several outstanding restricted stock awards granted under the 2022 stock plan with scheduled vesting dates through February 2029. No transactions were reported under a Rule 10b5-1 trading plan.

Positive

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Negative

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Insider Dunne Jeffrey R
Role Director
Bought 261 shs ($18K)
Type Security Shares Price Value
Purchase Common Stock 261 $67.11 $18K
holding Common Stock F1 -- -- --
holding Common Stock F2 -- -- --
holding Common Stock F3 -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 6,381 shares (Indirect, Deferred Compensation Plan); Common Stock — 7,355 shares (Direct)
Footnotes (3)
  1. F1. 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.
  2. 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.
  3. 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.
Shares purchased 261 shares BWFG common stock bought on September 8, 2026
Purchase price per share $67.11 per share Open market or private transaction on September 8, 2026
Indirect shares after purchase 6,381 shares BWFG common stock held through a Deferred Compensation Plan after the transaction
Restricted stock grant (2023) 1,600 shares Restricted stock granted December 29, 2023 under the 2022 Stock Plan
Restricted stock grant (2025) 1,800 shares Restricted stock granted February 7, 2025 under the 2022 Stock Plan
Restricted stock grant (2026) 1,455 shares Restricted stock granted February 9, 2026 under the 2022 Stock Plan
Vested restricted shares (2023 grant) 1,066 shares Portion of the December 29, 2023 grant vested as of the filing date
Vested restricted shares (2025 grant) 600 shares Portion of the February 7, 2025 grant vested as of the filing date
Deferred Compensation Plan financial
"261 shares were acquired 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 29, 2023"
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
"granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan"
vest financial
"533 vested on February 7, 2025 and additional tranches will vest later"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

What insider transaction did BWFG director Jeffrey R. Dunne report?

He reported a purchase of 261 BWFG common shares on September 8, 2026 at $67.11 per share, acquired through a Deferred Compensation Plan, with indirect holdings in that plan increasing to 6,381 shares of common stock.

How many BWFG shares does Jeffrey R. Dunne hold indirectly after this transaction?

Following the September 8, 2026 purchase, Jeffrey R. Dunne indirectly holds 6,381 BWFG common shares through a Deferred Compensation Plan, according to the reported post-transaction holdings in the Form 4 data.

Were Jeffrey R. Dunne’s BWFG trades under a Rule 10b5-1 plan?

No. The filing indicates the Rule 10b5-1 checkbox is not affirmed, meaning the reported BWFG share purchase was not disclosed as being made under a Rule 10b5-1 trading plan.

What restricted stock awards in BWFG does Jeffrey R. Dunne report?

He reports 1,600 restricted shares granted December 29, 2023, 1,800 restricted shares granted February 7, 2025, and 1,455 restricted shares granted February 9, 2026, all under the 2022 Bankwell Financial Group, Inc. Stock Plan with scheduled vesting through February 2029.

How many of Jeffrey R. Dunne’s BWFG restricted shares have vested so far?

As of the filing date, 1,066 shares from the December 29, 2023 grant and 600 shares from the February 7, 2025 grant have vested, for a total of 1,666 vested restricted shares reported across those two awards.

What are the future vesting dates for Jeffrey R. Dunne’s BWFG restricted stock?

Future vesting is scheduled as follows: 533 shares on February 7, 2026 and 534 shares on February 7, 2027 from the 2023 grant; 600 shares each on February 7, 2027 and 2028 from the 2025 grant; and 485 shares each on February 7, 2027, 2028, and 2029 from the 2026 grant.

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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*
Dunne Jeffrey R

(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 Stock09/08/2026P261A$67.116,381IDeferred Compensation Plan
Common Stock534D(1)
Common Stock1,200D(2)
Common Stock1,455D(3)
Common Stock4,166D
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 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.
2. 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.
3. 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 Jeffrey R. Dunne09/09/2026
** 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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