SEIDMAN LAWRENCE B 4

What Happened

• Lawrence B. Seidman, a director of Bankwell Financial Group, acquired a total of 10,036 shares in multiple open‑market purchases on March 10, 2026. The purchases were executed at prices between $46.93 and $47.06, totaling approximately $471,079. These are outright purchases (code P), which represent director purchases rather than sales.

Key Details

• Transaction date: March 10, 2026 (Form 4 filed March 11, 2026).
• Individual trades/prices: 4,085 @ $46.93; 1,259 @ $46.94; 754 @ $46.95; 2,460 @ $46.94; 911 @ $46.95; 531 @ $46.96; 36 @ $47.06.
• Aggregate shares purchased: 10,036; approximate aggregate value: $471,079.
• Shares owned after transaction: not disclosed in the provided excerpt of the filing.
• Footnotes on prior awards (restricted stock/grants):
  • F1: 1,455 RSUs (granted Feb 9, 2026) vesting in three annual installments of 485 shares starting Feb 7, 2027.
  • F2: 1,800 RSUs (granted Feb 7, 2025) with 600 vested (as of filing) and remaining vesting over 2027–2028.
  • F3: 1,600 RSUs (granted Dec 29, 2023) with 1,066 vested as of filing and remaining vesting through Feb 7, 2027.
  • F4: 1,600 RSUs (granted Dec 30, 2022) vesting in four annual installments; 1,200 vested as of filing.
• Timeliness: Filing appears timely (transaction 3/10/2026; Form 4 filed 3/11/2026).

Context

• These transactions were open‑market purchases (not option exercises or gifts), which are direct buys of company stock. Purchases by directors are often watched by investors as a potential positive signal, but they do not, by themselves, prove future performance. No 10b5‑1 plan, cashless exercise, or sale activity is indicated in the provided details.