Bankwell director Seidman buys 3,381 BWFG shares
Bankwell Financial Group director Lawrence B. Seidman and related entities increased their holdings through open‑market purchases of common stock.
Rhea-AI Filing Summary
Bankwell Financial Group director Lawrence B. Seidman and related entities increased their holdings through open‑market purchases of common stock. On June 1, 2026, they bought a combined 3,381 shares of BWFG at prices around $51.85–$52.04 per share.
Seidman personally acquired 81 shares at $51.95, bringing one direct holding line to 17,463 shares. Indirectly, entities such as Seidman and Associates, L.L.C., Seidman Investment Partnership II, L.P. and others now report six‑figure share positions. Additional footnotes describe multi‑year vesting schedules for several restricted stock grants.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,381 shares
Net Buy
12 txns
Insider
SEIDMAN LAWRENCE B
Role
Director
Bought
3,381 shs ($175K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 872 | $51.85 | $45K |
| Purchase | Common Stock | 564 | $51.87 | $29K |
| Purchase | Common Stock | 710 | $51.86 | $37K |
| Purchase | Common Stock | 514 | $51.87 | $27K |
| Purchase | Common Stock | 542 | $51.87 | $28K |
| Purchase | Common Stock | 98 | $52.04 | $5K |
| Purchase | Common Stock | 81 | $51.95 | $4K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 218,756 shares (Indirect, By Seidman and Associates, L.L.C.);
Common Stock — 141,067 shares (Indirect, By Seidman Investment Partnership, L.P.);
Common Stock — 177,280 shares (Indirect, By Seidman Investment Partnership II, L.P.);
Common Stock — 128,687 shares (Indirect, By LSBK06-08, L.L.C.);
Common Stock — 135,454 shares (Indirect, By Broad Park Investors, L.L.C.);
Common Stock — 24,619 shares (Indirect, By Chewy Gooey Cookies, L.P.);
Common Stock — 21,052 shares (Direct);
Common Stock — 4,521 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 net shares bought: 3,381 shares
Direct purchase: 81 shares at $51.95
Chewy Gooey Cookies, L.P. purchase: 98 shares at $52.04
+5 more
8 metrics
Total net shares bought
3,381 shares
Net open-market purchases on June 1, 2026
Direct purchase
81 shares at $51.95
Common stock bought directly by Seidman on June 1, 2026
Chewy Gooey Cookies, L.P. purchase
98 shares at $52.04
Indirect open-market purchase on June 1, 2026
Broad Park Investors, L.L.C. purchase
542 shares at $51.87
Indirect open-market purchase on June 1, 2026
Seidman Investment Partnership II, L.P. purchase
710 shares at $51.86
Indirect open-market purchase on June 1, 2026
Seidman and Associates, L.L.C. purchase
872 shares at $51.85
Indirect open-market purchase on June 1, 2026
Direct holding line after trade
17,463 shares
Common stock directly held by Seidman after one purchase line
Indirect holding by Seidman and Associates, L.L.C.
218,756 shares
Common stock indirectly held after June 1, 2026 transactions
Key Terms
open-market purchase, Deferred Compensation Plan, restricted stock, indirect, +1 more
5 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
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.
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.
indirect financial
"ownership_type": "indirect""
Stock Plan financial
"pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Lawrence B. Seidman report for Bankwell Financial Group (BWFG)?
Lawrence B. Seidman and related entities reported multiple open‑market purchases of Bankwell Financial Group common stock on June 1, 2026, buying a combined 3,381 shares at prices slightly above $51 per share.
At what prices were the BWFG insider purchases executed on June 1, 2026?
The reported open‑market purchases occurred at prices between $51.85 and $52.04 per Bankwell Financial Group share, with specific trades such as 98 shares at $52.04 and 710 shares at $51.86.
What restricted stock grants does Lawrence B. Seidman hold in Bankwell Financial Group?
Footnotes describe several restricted stock grants, including 1,455 shares granted on February 9, 2026, 1,800 shares granted on February 7, 2025, and two separate 1,600‑share grants from 2022 and 2023, each vesting over multiple years.
AI-generated analysis. How Rhea-AI works. Not financial advice.
