Hildebrand Ryan Jason 4
4 · Bankwell Financial Group, Inc. · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Bankwell (BWFG) CIO Ryan Hildebrand Receives Award
What Happened
Ryan Hildebrand, Chief Innovation Officer of Bankwell Financial Group, received an award of 3,116 shares on 2026-02-09 under the company's 2022 Stock Plan. The shares were granted at $0.00 (no cash paid) and reported on a Form 4 filed 2026-02-10. This is a compensation grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-09; Form 4 filed: 2026-02-10 (filed within the 2-business-day window).
- Transaction type/code: Award/Grant (A). Price: $0.00; Total reported purchase value: $0.
- Breakdown of the 3,116 shares (per footnote F1): 1,558 restricted shares vesting in three substantially equal annual installments (first vesting 2/7/2027); 1,558 performance-restricted shares with a three-year cliff vest on 2/7/2029 if performance goals are met.
- Additional previously reported awards in the filing: F2 — 10,000 restricted shares (3,333 vested as of filing) with annual vesting beginning 7/1/2024; F3 — 15,000 performance-restricted shares cliff-vesting on 2/7/2028 if goals are met.
- Shares owned after the transaction: not disclosed in the provided filing.
Context
This grant is a typical equity-based compensation award for an executive. Restricted shares vest over time (time-based) and performance-restricted shares only vest if specified goals are achieved, so these awards do not immediately increase tradable shares. Since no cash was paid, the grant reflects compensation rather than a market purchase signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-09+3,116→ 3,116 total
- 3,334
Common Stock
[F2] - 15,000
Common Stock
[F3]
Footnotes (3)
- [F1]3,116 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 1,558 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment to vest on February 7, 2027 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 1,558 of those shares are performance restricted stock with a three year cliff vesting on February 7, 2029 if the performance goal is achieved
- [F2]10,000 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 July 1, 2024 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. As of the filing date, 3,333 shares have vested.
- [F3]15,000 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 three year cliff vesting on February 7, 2028 if the performance goals are achieved.