Bankwell director buys 588 shares via plan
Bankwell Financial Group director Eric J. Dale reported an open-market purchase of common stock.
Rhea-AI Filing Summary
Bankwell Financial Group director Eric J. Dale reported an open-market purchase of common stock. On June 5, 2026, he bought 588 shares of Bankwell Financial Group, Inc. common stock at $53.70 per share through a Deferred Compensation Plan, increasing his indirect holdings there to 42,496 shares.
Separate entries show direct holdings of Bankwell common stock and multiple restricted stock grants under the 2022 Bankwell Financial Group, Inc. Stock Plan with scheduled vesting dates through 2029. As of the filing date, the footnotes state that 1,200, 1,066, and 600 shares from different grants have vested.
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Insider Trade Summary
Net Buyer: 588 shares
Net Buy
6 txns
Insider
Dale Eric J
Role
Director
Bought
588 shs ($32K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 588 | $53.70 | $32K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 42,496 shares (Indirect, Deferred Compensation Plan);
Common Stock — 40,919 shares (Direct)
Footnotes (4)
- F1. 1,600 shares of restricted stock granted on December 30, 2022, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan and will vest in four equal annual installments of 25%, with the first installment vested 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.
- F2. 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.
- F3. 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.
- F4. 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.
Key Figures
Shares purchased: 588 shares
Purchase price: $53.70 per share
Indirect holdings after trade: 42,496 shares
+4 more
7 metrics
Shares purchased
588 shares
Open-market purchase on June 5, 2026
Purchase price
$53.70 per share
Common stock bought on June 5, 2026
Indirect holdings after trade
42,496 shares
Held through Deferred Compensation Plan after purchase
2022 restricted stock grant
1,600 shares
Grant under 2022 Stock Plan; 1,200 vested as of filing
2023 restricted stock grant
1,600 shares
Grant under 2022 Stock Plan; 1,066 vested as of filing
2025 restricted stock grant
1,800 shares
Grant under 2022 Stock Plan; 600 vested as of filing
2026 restricted stock grant
1,455 shares
Grant under 2022 Stock Plan vesting in 2027–2029
Key Terms
Deferred Compensation Plan, restricted stock, 2022 Bankwell Financial Group, Inc. Stock Plan, open-market purchase
4 terms
Deferred Compensation Plan financial
"588 shares of common stock were acquired 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
"1,600 shares of restricted stock granted on December 30, 2022, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan"
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.
2022 Bankwell Financial Group, Inc. Stock Plan financial
"shares of restricted stock granted on December 30, 2022, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan"
open-market purchase financial
"transaction code P indicates a purchase in open market or private transaction"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Bankwell Financial (BWFG) report for Eric J. Dale?
Bankwell Financial reported that director Eric J. Dale bought 588 common shares. The purchase occurred on June 5, 2026 at $53.70 per share through a Deferred Compensation Plan, increasing his indirect holdings under that plan to 42,496 shares.
What restricted stock awards does Eric J. Dale have at Bankwell Financial (BWFG)?
Eric J. Dale has several restricted stock grants under the 2022 Bankwell Financial Group, Inc. Stock Plan. Footnotes describe 1,600-share grants in 2022 and 2023 and an 1,800-share grant in 2025, plus a 1,455-share grant in 2026, with staggered vesting through 2029.
Is Eric J. Dale’s June 2026 Bankwell Financial (BWFG) purchase direct or indirect ownership?
The June 5, 2026 purchase is reported as indirect ownership for Eric J. Dale. The 588 shares were acquired through a Deferred Compensation Plan, marked as indirect (I), while other entries show direct holdings and restricted stock awards in his name.
AI-generated analysis. How Rhea-AI works. Not financial advice.
