Bankwell Financial (NASDAQ: BWFG) director adds shares near $66
Rhea-AI Filing Summary
Bankwell Financial Group, Inc. (BWFG) director Lawrence B. Seidman reported multiple open‑market purchases of common stock on August 25, 2026, totaling 2,540 shares at prices between $65.89 and $66.01, all held indirectly through affiliated entities including Seidman and Associates, L.L.C., several investment partnerships and L.L.C.s, and Chewy Gooey Cookies, L.P. Indirect holdings reported after these trades include, for example, 223,684 shares via Seidman and Associates, L.L.C. and 178,352 shares via Seidman Investment Partnership II, L.P., plus 4,844 shares held through a Deferred Compensation Plan. Footnotes also describe previously granted restricted stock awards (1,455; 1,800; and two grants of 1,600 shares) that vest in annual installments through 2029. The Rule 10b5‑1 checkbox is not marked as being used for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,540 shares
Net Buy
12 txns
Insider
SEIDMAN LAWRENCE B
Role
Director
Bought
2,540 shs ($167K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 994 | $65.89 | $65K |
| Purchase | Common Stock | 259 | $65.94 | $17K |
| Purchase | Common Stock | 219 | $65.96 | $14K |
| Purchase | Common Stock | 662 | $65.90 | $44K |
| Purchase | Common Stock | 262 | $65.94 | $17K |
| Purchase | Common Stock | 144 | $66.01 | $10K |
| 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 — 223,684 shares (Indirect, By Seidman and Associates, L.L.C.);
Common Stock — 142,338 shares (Indirect, By Seidman Investment Partnership, L.P.);
Common Stock — 178,352 shares (Indirect, By Seidman Investment Partnership II, L.P.);
Common Stock — 131,970 shares (Indirect, By LSBK06-08, L.L.C.);
Common Stock — 136,738 shares (Indirect, By Broad Park Investors, L.L.C.);
Common Stock — 25,321 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: 2,540 shares
Purchase price per share: $65.89
Purchase price per share: $66.01
+5 more
8 metrics
Total shares purchased
2,540 shares
Open‑market purchases of BWFG common stock on August 25, 2026
Purchase price per share
$65.89
994‑share purchase by Seidman and Associates, L.L.C. on August 25, 2026
Purchase price per share
$66.01
144‑share purchase by Chewy Gooey Cookies, L.P. on August 25, 2026
Indirect holdings via Seidman and Associates, L.L.C.
223,684 shares
Total BWFG common shares indirectly held after August 25, 2026 purchase
Indirect holdings via Seidman Investment Partnership II, L.P.
178,352 shares
BWFG common shares indirectly held after August 25, 2026 purchase
Deferred Compensation Plan holdings
4,844 shares
Indirect BWFG common stock reported as of August 25, 2026
Restricted stock grant
1,455 shares
Granted February 9, 2026 under the 2022 Stock Plan, vesting through 2029
Restricted stock grant
1,800 shares
Granted February 7, 2025 under the 2022 Stock Plan, vesting through 2028
Key Terms
restricted stock, Deferred Compensation Plan, indirect ownership, 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.
indirect ownership financial
"ownership_type": "indirect""
vesting financial
"with 485 to vest on February 7, 2027"
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
What insider transactions did BWFG director Lawrence B. Seidman report on August 25, 2026?
He reported six open‑market purchases of Bankwell Financial Group common stock totaling 2,540 shares at prices between $65.89 and $66.01, all indirectly held through various affiliated entities.
At what prices did the BWFG insider purchases occur on August 25, 2026?
The reported purchases of BWFG common stock occurred at per‑share prices of $65.89, $65.90, $65.94, $65.96, and $66.01, as separate transactions through different affiliated entities.
What other indirect BWFG holdings are reported for Lawrence B. Seidman?
Post‑trade indirect holdings include 142,338 shares via Seidman Investment Partnership, L.P., 178,352 via Seidman Investment Partnership II, L.P., 131,970 via LSBK06‑08, L.L.C., 136,738 via Broad Park Investors, L.L.C., 25,321 via Chewy Gooey Cookies, L.P., and 4,844 via a Deferred Compensation Plan.
Were the August 25, 2026 BWFG insider trades made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5‑1 checkbox is not affirmed, and there is no footnote stating that the August 25, 2026 purchases were made pursuant to a Rule 10b5‑1 trading plan.
What restricted stock awards in BWFG are disclosed for Lawrence B. Seidman?
Footnotes disclose restricted stock grants of 1,455 shares (February 9, 2026), 1,800 shares (February 7, 2025), and two grants of 1,600 shares (December 29, 2023 and December 30, 2022), each vesting in annual installments through 2029, with portions already vested.
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