Director Seidman-linked entities add Bankwell Financial Group (BWFG) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bankwell Financial Group director Lawrence B. Seidman reported multiple indirect open-market purchases of Common Stock on March 6, 2026. Entities associated with him bought a total of 1,271 shares, including 370 shares at 46.00 and 320 shares at 45.61 per share.
The holdings are spread across a deferred compensation plan and several investment partnerships and LLCs. Separate footnotes describe prior restricted stock grants from 2022, 2023, 2025, and 2026, with portions vesting annually through 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,271 shares ($58,180)
Net Buy
12 txns
Insider
SEIDMAN LAWRENCE B
Role
Director
Bought
1,271 shs ($58K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 370 | $46.00 | $17K |
| Purchase | Common Stock | 320 | $45.61 | $15K |
| Purchase | Common Stock | 100 | $45.75 | $5K |
| Purchase | Common Stock | 100 | $45.75 | $5K |
| Purchase | Common Stock | 181 | $45.66 | $8K |
| Purchase | Common Stock | 100 | $45.75 | $5K |
| Purchase | Common Stock | 100 | $45.75 | $5K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,521 shares (Indirect, Deferred Compensation Plan);
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 insider activity did BWFG director Lawrence B. Seidman report?
Director Lawrence B. Seidman reported indirect open-market purchases of Bankwell Financial Group common stock. Entities associated with him acquired 1,271 shares on March 6, 2026, at prices in the mid-$40s per share, increasing their reported indirect ownership positions.
Were the recent BWFG insider trades by Lawrence Seidman direct or indirect?
The reported Bankwell Financial Group purchases were indirect. The Form 4 shows ownership coded as indirect through a deferred compensation plan and several investment entities, including Seidman and Associates, L.L.C. and multiple investment partnerships and LLCs associated with Seidman.
Does the BWFG Form 4 show any restricted stock awards for Lawrence Seidman?
Yes. Footnotes describe restricted stock grants from 2022, 2023, 2025, and 2026 under Bankwell stock plans. These awards vest in annual installments, with specific share amounts scheduled to vest each February through 2029 and portions already vested as of the filing date.