Bankwell Financial (NASDAQ: BWFG) director receives 1,455-share stock grant
Rhea-AI Filing Summary
Bankwell Financial Group director Jeffrey R. Dunne received an equity grant of 1,455 shares of common stock on February 9, 2026. The shares are restricted stock issued under the 2022 Bankwell Financial Group, Inc. Stock Plan at a stated price of $0 per share.
The grant vests in three equal installments of 485 shares on February 7, 2027, February 7, 2028, and February 7, 2029, aligning compensation with longer-term service. Following the transaction, he directly holds 1,455 restricted shares, along with other direct and indirect common stock holdings reported in the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,455 shares
Net Buy
5 txns
Insider
Dunne Jeffrey R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,455 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,355 shares (Direct);
Common Stock — 5,448 shares (Indirect, Deferred Compensation Plan)
Footnotes (3)
- 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. 1,600 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.
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FAQ
What did BWFG director Jeffrey R. Dunne report on this Form 4?
Jeffrey R. Dunne reported receiving 1,455 shares of restricted common stock of Bankwell Financial Group, Inc. on February 9, 2026. The grant was made under the 2022 Stock Plan as equity compensation for his service as a director, with multi‑year vesting.
What is the vesting schedule for Jeffrey R. Dunne’s 2026 restricted stock grant at BWFG?
The 1,455-share restricted stock grant vests in three equal installments of 485 shares. Vesting is scheduled for February 7, 2027, February 7, 2028, and February 7, 2029, creating a three-year service-based vesting period tied to continued board service.
What other Bankwell Financial Group equity awards to Jeffrey R. Dunne are described?
Footnotes describe prior restricted stock grants of 1,600 shares in December 2023 and 1,800 shares in February 2025. Portions of these earlier awards have already vested, with remaining tranches scheduled to vest between February 2026 and February 2028 under the same stock plan.
Does the Form 4 show indirect ownership for Jeffrey R. Dunne in BWFG stock?
Yes. The filing lists 5,448 shares of Bankwell Financial Group common stock held indirectly through a Deferred Compensation Plan. This is shown separately from his directly held shares, indicating plan-based beneficial ownership rather than regular brokerage holdings.