SEIDMAN LAWRENCE B 4/A

What Happened

• Lawrence B. Seidman, a director of Bankwell Financial Group, acquired a total of 10,000 shares in multiple open-market purchases on February 23, 2026. The buys were executed in six tranches at prices between $47.39 and $47.42, costing approximately $473,963 in aggregate. These are purchases (insider buys), which some investors view as a positive (but not conclusive) signal.

Key Details

• Transaction date: February 23, 2026 (reported via an amended Form 4 filed Feb 26, 2026).
• Trades (shares @ price): 4,068 @ $47.39; 1,261 @ $47.40; 760 @ $47.41; 2,456 @ $47.39; 917 @ $47.41; 538 @ $47.42. Total = 10,000 shares for ~$473,963.
• Transaction code: P = open market purchase. (F1 notes the original Feb 24 filing incorrectly used code "S"; this filing corrects it.)
• Shares owned after the transaction: not specified in this amended Form 4.
• Filing/Amendments: This is an amended filing. Footnotes indicate the original Form 4 was filed Feb 24, 2026 and subsequent amendments corrected omitted shares and the transaction code.
• Notable footnotes on equity holdings: several restricted stock grants are disclosed with vesting schedules — e.g., 1,455 shares granted Feb 9, 2026 (vesting 2027–2029), 1,800 granted Feb 7, 2025 (600 vested), 1,600 granted Dec 29, 2023 (1,066 vested), and 1,600 granted Dec 30, 2022 (1,200 vested). (See F2–F6.)

Context

• These were straightforward open-market purchases (no options exercised, no gifts, no 10b5-1 plan noted).
• Purchases by directors can be interpreted as an insider adding to holdings, but they do not by themselves prove future performance.
• The Form 4 was amended to correct reporting details; timing appears to be a near-term correction rather than a late disclosure.