SEIDMAN LAWRENCE B 4

What Happened Lawrence B. Seidman, a director of Bankwell Financial Group, made multiple open-market purchases on February 12, 2026, acquiring a total of 1,600 shares. The individual trades were: 642 shares @ $48.07 ($30,861); 218 shares @ $48.13 ($10,492); 120 shares @ $48.21 ($5,785); 390 shares @ $48.09 ($18,755); 130 shares @ $48.19 ($6,265); and 100 shares @ $48.24 ($4,824). Total cash outlay across these purchases was approximately $76,982. These were purchases (code P) — buys rather than sales.

Key Details

• Transaction date: February 12, 2026 (reported on Form 4 filed February 13, 2026 — filed promptly the next day).
• Prices and values: see individual trade list above; aggregate = 1,600 shares for ~$76,982.
• Shares owned after transaction: the Form 4 details supplied here did not state total beneficial ownership after these purchases.
• Notable footnotes on restricted stock holdings and vesting:
  • F1: 1,600 RSUs granted 12/30/2022; 1,200 vested as of filing (remaining 400 unvested).
  • F2: 1,600 RSUs granted 12/29/2023; 1,066 vested as of filing, with remaining vesting through 2027.
  • F3: 1,800 RSUs granted 2/7/2025; 600 vested as of filing, remainder vesting in 2026–2028.
  • F4: 1,455 RSUs granted 2/9/2026; vesting begins Feb 7, 2027 (none vested as of filing).
• No indication of a 10b5-1 plan, option exercises, gifts, or tax-withholding in the reported trades.

Context

• These were straightforward open-market purchases rather than exercises or awards. Purchases by insiders are often watched by investors as a sign of confidence, but they do not by themselves prove future performance.
• The footnoted restricted stock grants are compensation awards subject to vesting schedules and are separate from these market purchases.