Lawrence B. Seidman - Mar 6, 2025 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Role
Director
Signature
/s/ Angelo G. Fusaro, Attorney-in-Fact for Lawrence B. Seidman
Stock symbol
BWFG
Transactions as of
Mar 6, 2025
Transactions value $
$15,115
Form type
4
Date filed
3/7/2025, 04:19 PM
Previous filing
Feb 10, 2025
Next filing
Mar 13, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWFG Common Stock Purchase $15.1K +493 +22.52% $30.66 2.68K Mar 6, 2025 Deferred Compensation Plan
holding BWFG Common Stock 1.8K Mar 6, 2025 Direct F1
holding BWFG Common Stock 1.07K Mar 6, 2025 Direct F2
holding BWFG Common Stock 800 Mar 6, 2025 Direct F3
holding BWFG Common Stock 400 Mar 6, 2025 Direct F4
holding BWFG Common Stock 178K Mar 6, 2025 By Seidman and Associates, L.L.C.
holding BWFG Common Stock 128K Mar 6, 2025 By Seidman Investment Partnership, L.P.
holding BWFG Common Stock 169K Mar 6, 2025 By Seidman Investment Partnership II, L.P. F5
holding BWFG Common Stock 105K Mar 6, 2025 By LSBK06-08, L.L.C.
holding BWFG Common Stock 127K Mar 6, 2025 By Broad Park Investors, L.L.C.
holding BWFG Common Stock 19.5K Mar 6, 2025 By Chewy Gooey Cookies, L.P.
holding BWFG Common Stock 15.2K Mar 6, 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
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, 533 shares have vested.
F3 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, 800 shares have vested.
F4 1,600 shares of restricted stock granted on December 31, 2021, 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, 2023 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.
F5 This holding balance was inadvertently omitted on the previously filed February 7th, 2025 Form 4.