Bankwell Financial Group (BWFG) director boosts share stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bankwell Financial Group director Blake S. Drexler reported an open-market purchase of 27 shares of common stock at $46.00 per share on March 6, 2026. The transaction was made indirectly through a Deferred Compensation Plan, which now holds 36,854 shares for his benefit.
The filing also updates his other direct and indirect holdings, including 58,224 shares held by family members over which he exercises effective control and multiple restricted stock grants that vest in stages through 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 27 shares ($1,242)
Net Buy
8 txns
Insider
Drexler Blake S
Role
Director
Bought
27 shs ($1K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 27 | $46.00 | $1K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 36,854 shares (Indirect, Deferred Compensation Plan);
Common Stock — 400 shares (Direct)
Footnotes (1)
- 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 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. 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. 1,800 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. 1,455 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. Includes 58,224 shares that are held by family members over which he exercises effective control.
FAQ
What insider transaction did Bankwell Financial Group (BWFG) report?
Bankwell Financial Group (BWFG) reported that director Blake S. Drexler bought 27 shares of common stock at $46.00 per share. The purchase was made indirectly through a Deferred Compensation Plan and modestly increases his overall economic exposure to Bankwell shares.
What are Blake S. Drexler’s indirect BWFG holdings after this transaction?
After the reported transaction, Drexler’s Deferred Compensation Plan position totals 36,854 Bankwell Financial Group shares. The filing also notes 58,224 shares held by family members over which he exercises effective control, in addition to other direct and restricted stock positions.
What restricted stock grants for BWFG does Blake S. Drexler hold?
Drexler holds several restricted stock grants, including 1,600 shares from 2022, 1,600 from 2023, 1,800 from 2025, and 1,455 from 2026. These awards vest in annual installments, with various portions scheduled to vest from 2026 through 2029, according to the stock plans described.