BWFG director buys 323 Bankwell shares at $53.70
Bankwell Financial Group director Lawrence B. Seidman reported an indirect open-market purchase of Bankwell common stock.
Rhea-AI Filing Summary
Bankwell Financial Group director Lawrence B. Seidman reported an indirect open-market purchase of Bankwell common stock. On June 5, 2026, a Deferred Compensation Plan associated with him bought 323 shares at $53.70 per share, increasing that plan’s holdings to 4,844 shares.
The filing also lists Seidman’s other direct and indirect holdings through several investment entities, along with multiple restricted stock grants that are scheduled to vest in tranches between 2026 and 2029 under Bankwell’s stock plans.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 323 shares
Net Buy
12 txns
Insider
SEIDMAN LAWRENCE B
Role
Director
Bought
323 shs ($17K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 323 | $53.70 | $17K |
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| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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Holdings After Transaction:
Common Stock — 4,844 shares (Indirect, Deferred Compensation Plan);
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)
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
Shares purchased: 323 shares
Purchase price: $53.70 per share
Deferred Plan holdings: 4,844 shares
+5 more
8 metrics
Shares purchased
323 shares
Open-market purchase on June 5, 2026
Purchase price
$53.70 per share
Price for 323 BWFG common shares
Deferred Plan holdings
4,844 shares
BWFG common stock after purchase in Deferred Compensation Plan
Chewy Gooey Cookies, L.P. holdings
24,619 shares
Indirect BWFG common stock ownership
Broad Park Investors, L.L.C. holdings
135,454 shares
Indirect BWFG common stock ownership
Seidman Investment Partnership II, L.P. holdings
177,280 shares
Indirect BWFG common stock ownership
Seidman and Associates, L.L.C. holdings
218,756 shares
Indirect BWFG common stock ownership
Restricted stock grant Feb 9, 2026
1,455 shares
Grant under 2022 Stock Plan, vesting 2027–2029
Key Terms
open-market purchase, Deferred Compensation Plan, restricted stock, indirect ownership, +1 more
5 terms
open-market purchase financial
"classified as an open-market purchase of 323 shares at $53.70 per share"
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
"323 shares were acquired indirectly 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
"footnotes describe multiple grants of restricted stock with scheduled vesting dates"
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 ownership financial
"several BWFG positions are reported as indirect ownership through investment entities"
Stock Plan financial
"restricted stock was granted pursuant to Bankwell Financial Group Stock Plan documents"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BWFG director Lawrence B. Seidman report?
Lawrence B. Seidman reported an indirect open-market purchase of Bankwell Financial Group common stock. A Deferred Compensation Plan associated with him acquired 323 shares at $53.70 per share, raising that plan’s total holdings to 4,844 shares as of the reported date.
What restricted stock grants are outstanding for Lawrence B. Seidman at BWFG?
Footnotes describe several restricted stock grants to Seidman under Bankwell’s stock plans. Grants from 2022, 2023, 2025, and 2026 vest in annual or scheduled tranches, with portions already vested and remaining shares set to vest between February 2026 and February 2029.
AI-generated analysis. How Rhea-AI works. Not financial advice.
