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Filing Details

Accession Number:: 0001505732-25-000019
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2025-02-10 14:01:42
Reporting Period:: 2025-02-07

Accepted Time:: 2025-02-10 14:01:42
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1505732	Bankwell Financial Group Inc.	BWFG	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1422086	R Christopher Gruseke	C/O Bankwell Financial Group, Inc. 258 Elm Street New Canaan CT 06840	Ceo	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2025-02-07	1,908	$32.12	167,566	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	9,136	Direct
Common Stock	5,181	Direct
Common Stock	12,500	Indirect	IRA

Footnotes

1,908 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 5,772 shares.
Range of reported sale price is $31.53 - $32.87. Reporting person agrees to provide individual transaction information to SEC upon request.
62,287 shares reported are owned jointly with spouse.
13,704 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 6,852 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment vested on February 7, 2025 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 6,852 of those shares are performance restricted stock and may vest when and if the performance goals are achieved. As of the filing date, 3,051 shares have vested and 1,517 shares were forfeited.
15,543 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 7,772 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment vested on February 7, 2024 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 7,771 of those shares are performance restricted stock and may vest when and if the performance goals are achieved. As of the filing date, 7,772 shares have vested and 2,590 shares were forfeited.