Bankwell Financial Group (BWFG) director reports new restricted stock grants

Rhea-AI Filing Summary

Bankwell Financial Group director Todd Lampert reported new stock awards. On February 9, 2026, he received 291 shares and 1,455 shares of restricted common stock at a price of $0 per share under the company’s stock plans, reflecting equity-based compensation grants.

The 291-share grant will fully vest on February 7, 2027. The 1,455-share grant will vest in three equal installments of 485 shares on February 7, 2027, February 7, 2028, and February 7, 2029. After these transactions, Lampert is shown as beneficially owning 15,866 shares directly, plus 8,608 shares in an IRA and 9,699 shares in his spouse’s IRA.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lampert Todd

(Last) (First) (Middle)

C/O BANKWELL FINANCIAL GROUP, INC.

258 ELM STREET

(Street)

NEW CANAAN CT 06840

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Bankwell Financial Group, Inc. [ BWFG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/09/2026		A		291	A	$0	291	D(1)
Common Stock	02/09/2026		A		1,455	A	$0	1,455	D(2)
Common Stock								400	D(3)
Common Stock								534	D(4)
Common Stock								1,200	D(5)
Common Stock								8,608	I	IRA
Common Stock								9,699	I	Spouse's IRA
Common Stock								15,866	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 291 shares of restricted stock granted on February 9, 2026, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan and will fully vest on February 7, 2027.

2. 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.

3. 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.

4. 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.

5. 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.

Remarks:

	/s/ Todd Lampert	02/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Todd Lampert report for Bankwell Financial Group (BWFG)?

Todd Lampert reported receiving 291 and 1,455 restricted shares of Bankwell Financial Group common stock on February 9, 2026. These awards, priced at $0 per share, represent equity compensation rather than an open-market purchase or sale of BWFG stock.

How do the new BWFG restricted stock grants to Todd Lampert vest?

The 291-share restricted stock grant fully vests on February 7, 2027. The 1,455-share grant vests in three installments of 485 shares each on February 7 of 2027, 2028, and 2029, aligning Lampert’s compensation with longer-term Bankwell performance.

What is Todd Lampert’s role at Bankwell Financial Group (BWFG)?

Todd Lampert is listed as a director of Bankwell Financial Group, Inc. The Form 4 indicates he is not an officer and not a ten percent owner, so the reported transactions reflect board-level equity compensation, not insider control changes at BWFG.

How many BWFG shares does Todd Lampert beneficially own after this Form 4?

After the reported awards, Lampert is shown with 15,866 shares held directly. He also has indirect holdings of 8,608 BWFG shares in an IRA and 9,699 shares in his spouse’s IRA, indicating substantial ongoing equity exposure to Bankwell.

Which stock plans were used for Todd Lampert’s BWFG restricted stock awards?

The 291-share and 1,455-share restricted stock grants were issued under the 2022 Bankwell Financial Group, Inc. Stock Plan. Earlier restricted stock referenced in the footnotes was granted under the 2012 and 2022 stock plans with multi-year vesting schedules.

Are Todd Lampert’s BWFG restricted stock grants immediately transferable or fully owned?

The grants are restricted stock, meaning they vest over time and are not fully earned immediately. The 291-share award vests in 2027, while the 1,455-share award vests annually from 2027 to 2029, tying Lampert’s realized ownership to future service and conditions.