Hildebrand Ryan Jason 4

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.