Dale Eric J 4
4 · Bankwell Financial Group, Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Bankwell (BWFG) Director Dale Eric J Acquires 612 Shares
What Happened
Dale Eric J, a director of Bankwell Financial Group, purchased 612 shares in an open-market transaction on March 6, 2026 at $46.00 per share, for a total of $28,152. This was a straightforward purchase (transaction code P) rather than a sale or option exercise.
Key Details
- Transaction date and price: 2026-03-06, 612 shares at $46.00 each (total ≈ $28,152).
- Filing: Form 4 filed 2026-03-09 (timely — within the required two business days).
- Shares owned / restricted stock status: per the filing footnotes, as of the filing date Dale had the following restricted stock vesting status:
- Grant (Dec 30, 2022): 1,600 shares total; 1,200 vested (400 unvested). (F1)
- Grant (Dec 29, 2023): 1,600 shares total; 1,066 vested, 534 unvested. (F2)
- Grant (Feb 7, 2025): 1,800 shares total; 600 vested, 1,200 unvested. (F3)
- Grant (Feb 9, 2026): 1,455 shares total; none vested as of filing; vesting begins Feb 7, 2027. (F4)
- Combining the newly purchased 612 shares with the 2,866 vested restricted shares noted in the footnotes implies at least 3,478 vested/owned shares referenced in the filing (this does not account for any other holdings not disclosed here).
- No 10b5-1 plan, tax-withholding, or option exercise was reported in this filing.
Context
Open-market purchases by directors are often watched by retail investors as a direct buy of company stock (as opposed to awards or option exercises). This filing reports a routine open-market acquisition and multiple prior/ongoing restricted stock grants with staged vesting schedules — the filing does not provide any explanation for the purchase.
Insider Transaction Report
- Purchase
Common Stock
2026-03-06$46.00/sh+612$28,152→ 41,908 total(indirect: Deferred Compensation Plan)
- 400
Common Stock
[F1] - 534
Common Stock
[F2] - 1,200
Common Stock
[F3] - 1,455
Common Stock
[F4] - 37,330
Common Stock
Footnotes (4)
- [F1]1,600 shares of restricted stock granted on December 30, 2022, pursuant to the 2022 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.
- [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.
- [F4]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.