SEIDMAN LAWRENCE B 4

What Happened

• Lawrence B. Seidman, a director of Bankwell Financial Group, made multiple open-market purchases on March 11, 2026, acquiring a total of 10,000 shares. The six trades ranged from $46.64 to $46.67 per share for an aggregate cost of approximately $466,461 (average ≈ $46.65/share). These were purchases (buys), which investors often view as a bullish signal relative to sales.

Key Details

• Transaction date: 2026-03-11 (filed 2026-03-12; filing appears timely under Form 4 rules).
• Individual trades:
  • 4,085 shares @ $46.64 = $190,524
  • 1,259 shares @ $46.65 = $58,732
  • 754 shares @ $46.66 = $35,182
  • 2,460 shares @ $46.64 = $114,734
  • 911 shares @ $46.66 = $42,507
  • 531 shares @ $46.67 = $24,782
• Total purchased: 10,000 shares for ~$466,461 (avg ≈ $46.65).
• Shares owned after transaction: not specified in the provided data.
• Footnotes from the filing: multiple prior restricted stock grants (see Context below) — these are awards/vesting schedules, not the trades above.
• No indication in the provided data that this filing was late.

Context

• These were straightforward open-market purchases (transaction code P), not option exercises or awards. Open-market buys are direct purchases of existing shares.
• The filing also lists prior restricted stock awards:
  • F1: 1,455 RSU granted 2/9/2026 (vesting: 485 on 2/7/2027, 485 on 2/7/2028, 485 on 2/7/2029).
  • F2: 1,800 RSU granted 2/7/2025 (600 vested by filing date; remaining vest annually through 2028).
  • F3: 1,600 RSU granted 12/29/2023 (1,066 vested as of filing; remaining vesting into 2026–2027).
  • F4: 1,600 RSU granted 12/30/2022 (1,200 vested as of filing; remaining vest annually).
• Nothing in the filing indicates gifts, cashless exercises, or a 10b5-1 plan for these purchases.