Welcome to our dedicated page for Bankwell Financial Group SEC filings (Ticker: BWFG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Bankwell Financial Group, Inc.'s filings document the holding company's ownership of Bankwell Bank and recurring disclosures for a commercial banking issuer. Form 8-K reports furnish quarterly results of operations and financial condition, Regulation FD presentation materials, and trends in profitability, loan growth, deposits, funding costs, net interest margin, credit quality and SBA lending activity.
Definitive proxy materials cover annual meeting governance, director matters, executive compensation, equity awards and shareholder voting items. The filings also record the company's Connecticut incorporation, public-company identifiers, furnished earnings releases and exhibits used to report financial results and presentation materials.
Bankwell Financial Group describes its 2025 performance as a growing Connecticut-based community bank with expanding regional reach. As of December 31, 2025, the company reported approximately $3.4 billion in total assets, $2.8 billion in net loans, $2.8 billion in deposits, and $301.5 million in shareholders’ equity.
The bank operates nine full-service branches in Connecticut and has opened a new full-service branch in Brooklyn, New York in early 2026, supported by limited-service offices in Connecticut and New York. Management emphasizes client-focused growth, scalable technology, and disciplined risk management, including strong underwriting, portfolio diversification, and active credit monitoring.
Commercial real estate and commercial business lending drive the balance sheet, with commercial real estate representing about 68% of loans and commercial business 23% at year-end 2025. Capital levels are highlighted as a strength, with an 8.90% tangible common equity ratio and the bank well above regulatory capital minimums, supplemented by subordinated notes qualifying as Tier 2 capital.
Bankwell Financial Group director Lawrence B. Seidman reported new open‑market purchases of common stock made by several affiliated investment entities. On February 27, 2026, those entities bought a combined 2,520 shares of Bankwell common stock at prices between $46.77 and $46.90 per share, all reported as indirect ownership.
The filing also describes multiple restricted stock grants under Bankwell’s stock plans, including 1,455 shares granted on February 9, 2026 and earlier awards from 2025, 2023 and 2022, with portions scheduled to vest annually through February 7, 2029 and some tranches already vested as of the filing date.
Bankwell Financial Group director Lawrence B. Seidman reported amended insider activity showing entities associated with him bought 10,000 shares of Bankwell common stock in open-market transactions on February 23, 2026 at prices around $47.39–$47.42, all held indirectly through investment partnerships and LLCs.
The amendment corrects an earlier filing that mistakenly used a sale code instead of a purchase code and also updates Seidman’s holdings to include several restricted stock grants, such as 1,455 shares granted on February 9, 2026 and prior grants of 1,800, 1,600, and another 1,600 shares with specified multi‑year vesting schedules.
Bankwell Financial Group, Inc. director Lawrence B. Seidman filed an amended insider report updating his direct holdings of 534 shares of common stock. These shares relate to a grant of 1,600 restricted shares awarded on December 29, 2023 under the company’s 2022 stock plan.
According to the grant schedule, 533 shares vested on February 7, 2025, another 533 shares are scheduled to vest on February 7, 2026, and 534 shares are scheduled to vest on February 7, 2027. The footnote states that 1,066 shares had vested as of the filing date, so this amendment mainly documents vesting and current ownership rather than new open‑market buying or selling.
Bankwell Financial Group director Lawrence B. Seidman reported indirect open‑market sales of a total of 10,000 shares of Bankwell Financial Group, Inc. common stock on February 23, 2026 through affiliated entities. The sales, at prices between $47.39 and $47.42 per share, were executed by Seidman and Associates, L.L.C., Seidman Investment Partnership, L.P., Seidman Investment Partnership II, L.P., LSBK06-08, L.L.C., Broad Park Investors, L.L.C., and Chewy Gooey Cookies, L.P. The filing also lists Seidman’s direct and deferred restricted stock holdings, including grants of 1,455, 1,800 and 1,600 shares scheduled to vest in annual installments through February 7, 2029.
Bankwell Financial Group director Kevin D. Leitao reported an open-market sale of 200 shares of common stock at $46.39 per share. After this sale, he directly held 500 shares. Additional reported holdings include restricted stock awards totaling 1,455 and 1,800 shares with multi-year vesting, plus 4,500 shares held indirectly through an IRA.
Bankwell Financial Group director Lawrence B. Seidman reported a series of indirect open-market purchases of Bankwell common stock on February 12, 2026 by entities he is associated with. These include buys such as 642 shares at $48.07 through Seidman and Associates, L.L.C. and 218 shares at $48.13 through Seidman Investment Partnership, L.P., along with smaller purchases by other affiliated LLCs and partnerships at prices around $48 per share.
Following these transactions, the filing lists significant indirect holdings in these entities, plus direct and deferred compensation holdings, including 4,151 shares held through a Deferred Compensation Plan and 17,346 shares held directly. The report also details multiple Bankwell restricted stock grants made between 2022 and 2026, with portions already vested and additional installments scheduled to vest annually through 2029 under the company’s stock plans.
Bankwell Financial Group CEO Christopher R. Gruseke reported several equity transactions in company stock. On February 9, 2026, he acquired 7,654 shares under the 2022 stock plan, split between time-vested restricted stock and performance-based restricted stock that may vest between 2027 and 2029 if goals are met. He also received and vested an additional 1,516 performance shares tied to 2023 and 2024 results. To cover tax obligations on a total of 11,265 vesting shares, he sold 5,056 shares in an open-market transaction at about $49.79 per share through a company-sponsored cashless program.
Bankwell Financial Group’s President and CBO Matt McNeill received new equity awards and sold shares to cover taxes. On February 9, 2026, he was granted 4,860 common shares at $0 under the 2022 stock plan. Half are time-based restricted stock, vesting in three annual installments starting February 7, 2027, and half are performance-based shares that may cliff vest on February 7, 2029 if goals are met.
He also received 1,143 shares that granted and vested the same day, tied to additional 2023–2024 performance shares. To cover tax liabilities on a total of 8,462 vested shares, 3,794 shares were sold through a company cashless program at about $49.83, leaving 45,019 directly held shares plus separate restricted and performance awards of 3,588 and 15,000 shares under the same 2022 plan.
Bankwell Financial Group EVP & Chief Risk Officer Steven H. Brunner reported stock-based compensation and related share sales on February 9, 2026. He received 1,558 common shares at $0 under the 2022 Stock Plan, split between time-vested restricted stock and performance-based restricted stock with vesting dates in 2027 and 2029, if goals are met. He was also granted and vested an additional 518 shares tied to 2023–2025 performance awards.
To cover tax liabilities on the vesting of 3,717 shares, 1,876 shares were withheld and sold through the company-sponsored cashless stock exercise program at an average price of about $49.85, within a reported range of $49.52–$50.26. Following these transactions, Brunner continued to hold several blocks of Bankwell common stock directly.