SEIDMAN LAWRENCE B 4

4 · Bankwell Financial Group, Inc. · Filed Mar 11, 2026

AI-generated summary of this filing

Updated Mar 11, 2026

Bankwell Financial (BWFG) Director Lawrence Seidman Buys 10,036 Shares

What Happened

Lawrence B. Seidman, a director of Bankwell Financial Group, acquired a total of 10,036 shares in multiple open‑market purchases on March 10, 2026. The purchases were executed at prices between $46.93 and $47.06, totaling approximately $471,079. These are outright purchases (code P), which represent director purchases rather than sales.

Key Details

Transaction date: March 10, 2026 (Form 4 filed March 11, 2026).
Individual trades/prices: 4,085 @ $46.93; 1,259 @ $46.94; 754 @ $46.95; 2,460 @ $46.94; 911 @ $46.95; 531 @ $46.96; 36 @ $47.06.
Aggregate shares purchased: 10,036; approximate aggregate value: $471,079.
Shares owned after transaction: not disclosed in the provided excerpt of the filing.
Footnotes on prior awards (restricted stock/grants):
- F1: 1,455 RSUs (granted Feb 9, 2026) vesting in three annual installments of 485 shares starting Feb 7, 2027.
- F2: 1,800 RSUs (granted Feb 7, 2025) with 600 vested (as of filing) and remaining vesting over 2027–2028.
- F3: 1,600 RSUs (granted Dec 29, 2023) with 1,066 vested as of filing and remaining vesting through Feb 7, 2027.
- F4: 1,600 RSUs (granted Dec 30, 2022) vesting in four annual installments; 1,200 vested as of filing.
Timeliness: Filing appears timely (transaction 3/10/2026; Form 4 filed 3/11/2026).

Context

These transactions were open‑market purchases (not option exercises or gifts), which are direct buys of company stock. Purchases by directors are often watched by investors as a potential positive signal, but they do not, by themselves, prove future performance. No 10b5‑1 plan, cashless exercise, or sale activity is indicated in the provided details.

Form 4

Period: 2026-03-10

Director

Transactions

Purchase
Common Stock
2026-03-10$46.93/sh+4,085$191,709→ 204,649 total(indirect: By Seidman and Associates, L.L.C.)
Purchase
Common Stock
2026-03-10$46.94/sh+1,259$59,097→ 136,526 total(indirect: By Partnership)
Purchase
Common Stock
2026-03-10$46.95/sh+754$35,400→ 174,159 total(indirect: By Partnership)
Purchase
Common Stock
2026-03-10$46.94/sh+2,460$115,472→ 120,305 total(indirect: By LSBK06-08, L.L.C.)
Purchase
Common Stock
2026-03-10$46.95/sh+911$42,771→ 132,000 total(indirect: By Broad Park Investors, L.L.C.)
Purchase
Common Stock
2026-03-10$46.96/sh+531$24,936→ 22,824 total(indirect: By Chewy Gooey Cookies, L.P.)
Purchase
Common Stock
2026-03-10$47.06/sh+36$1,694→ 17,382 total

Holdings

Footnotes (4)

[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]1,800 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.
[F3]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.
[F4]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.

Signature

/s/ Angelo G. Fusaro, Attorney-in-Fact for Lawrence B. Seidman|2026-03-11

1 file