Bankwell Financial (BWFG) director entities add 10,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bankwell Financial Group director-related entities bought a total of 10,000 shares of Common Stock in open-market transactions on March 13, 2026. Purchase prices ranged from $46.95 to $46.99 per share, and all shares are held indirectly through investment partnerships and LLCs associated with Lawrence B. Seidman.
After these buys, example positions include Seidman and Associates, L.L.C. holding 216,904 shares and Broad Park Investors, L.L.C. holding 134,733 shares. Seidman also holds multiple restricted stock awards granted between 2022 and 2026 under company stock plans, with portions already vested and additional tranches scheduled to vest annually through 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,000 shares ($469,599)
Net Buy
12 txns
Insider
SEIDMAN LAWRENCE B
Role
Director
Bought
10,000 shs ($470K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 4,085 | $46.95 | $192K |
| Purchase | Common Stock | 1,259 | $46.96 | $59K |
| Purchase | Common Stock | 754 | $46.98 | $35K |
| Purchase | Common Stock | 2,460 | $46.96 | $116K |
| Purchase | Common Stock | 911 | $46.97 | $43K |
| Purchase | Common Stock | 531 | $46.99 | $25K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 216,904 shares (Indirect, By Seidman and Associates, L.L.C.);
Common Stock — 1,455 shares (Direct)
Footnotes (1)
- 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. 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. 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. 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.
FAQ
What did BWFG director Lawrence B. Seidman’s entities buy on March 13, 2026?
Entities associated with director Lawrence B. Seidman bought 10,000 BWFG common shares on March 13, 2026. The purchases were open-market transactions across several partnerships and LLCs that collectively increased their indirect ownership positions in Bankwell Financial Group.
What restricted stock awards does Lawrence B. Seidman hold in BWFG?
Lawrence B. Seidman holds several restricted stock grants from 2022, 2023, 2025, and 2026 under Bankwell stock plans. These awards vest in annual installments, with some shares already vested and additional tranches scheduled to vest each year through 2029.