4//SEC Filing
Brunner Steven H 4
Accession 0001505732-25-000136
CIK 0001505732other
Filed
Sep 1, 8:00 PM ET
Accepted
Sep 2, 11:04 AM ET
Size
11.5 KB
Accession
0001505732-25-000136
Insider Transaction Report
Form 4
Brunner Steven H
EVP & Chief Risk Officer
Transactions
- Sale
Common Stock
2025-09-02$41.55/sh−245$10,180→ 1,969 total
Holdings
- 3,262
Common Stock
- 533
Common Stock
- 1,493
Common Stock
- 498
Common Stock
- 536
Common Stock
- 249
Common Stock
Footnotes (8)
- [F1]245 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 666 shares.
- [F2]Range of reported sale price is $41.54 - $41.56. Reporting person agrees to provide individual transaction information to SEC upon request.
- [F3]1,493 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 746 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment to vest on February 7, 2026 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 746 of those shares are performance restricted stock with a three year cliff vesting on February 7, 2028 if the performance goals are achieved.
- [F4]249 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. These shares are performance restricted stock with a one year cliff vesting on February 7, 2026 if the performance goals are achieved.
- [F5]498 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. These shares are performance restricted stock with a two year cliff vesting on February 7, 2027 if the performance goals are achieved.
- [F6]4,894 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 2,447 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment to vest on February 7, 2025 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 2,447 of those shares are performance restricted stock and may vest when and if the performance goal is achieved. As of the filing date, 816 shares have vested and 542 performance shares have been forfeited.
- [F7]1,604 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. The shares are restricted stock that will vest in three substantially equal annual installments, with the first installment vested on February 7 , 2024 and the second, and third installments to vest on each annual anniversary of the vesting date thereafter. As of the filing date, 1,068 shares have vested.
- [F8]1,603 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 1,603 of those shares are performance restricted stock and may vest when and if the performance goal is achieved, with the first installment vested on February 7, 2024 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. As of the filing date, 535 shares have vested and 535 performance shares have been forfeited.
Documents
Issuer
Bankwell Financial Group, Inc.
CIK 0001505732
Entity typeother
Related Parties
1- filerCIK 0002009787
Filing Metadata
- Form type
- 4
- Filed
- Sep 1, 8:00 PM ET
- Accepted
- Sep 2, 11:04 AM ET
- Size
- 11.5 KB