SEIDMAN LAWRENCE B 4

What Happened
Lawrence B. Seidman, a director of Bankwell Financial Group (BWFG), made multiple open-market purchases on June 1, 2026, acquiring a total of 3,381 shares. The trades were executed at prices between $51.85 and $52.04 per share for a combined cost of approximately $175,372. These were purchases (transaction code P), which are insider buys rather than sales.

Key Details

• Transaction date: 2026-06-01; filing date: 2026-06-02 (timely filing).
• Purchases (by lot): 872 @ $51.85 ($45,213); 564 @ $51.87 ($29,255); 710 @ $51.86 ($36,821); 514 @ $51.87 ($26,661); 542 @ $51.87 ($28,114); 98 @ $52.04 ($5,100); 81 @ $51.95 ($4,208).
• Total shares acquired: 3,381 for ~$175,372; price range $51.85–$52.04.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes (restricted stock grants and vesting):
  • F1: 1,455 RSUs granted 2/9/2026 — 485 vest 2/7/2027, 485 vest 2/7/2028, 485 vest 2/7/2029 (none vested yet).
  • F2: 1,800 RSUs granted 2/7/2025 — 600 vested (as of filing), remaining 600 vest 2/7/2027 and 600 vest 2/7/2028.
  • F3: 1,600 RSUs granted 12/29/2023 — 1,066 vested (as of filing), remaining 534 vest 2/7/2027.
  • F4: 1,600 RSUs granted 12/30/2022 under older plan — vesting in four equal annual installments; 1,200 vested (as of filing).
• Transaction type: Open-market purchases (P). No 10b5-1 plan, tax withholding, or late filing flag indicated in the provided data.

Context
Insider purchases are often watched by investors as a signal that insiders are willing to buy company stock, but they do not prove future performance. These were straightforward open-market buys by a director; the filing includes multiple outstanding restricted stock grants with staged vesting schedules. No derivative exercises, gifts, or immediate disposition of the purchased shares were reported in the provided filing.