Leitao Kevin D 4
4 · Bankwell Financial Group, Inc. · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Bankwell Financial (BWFG) Director Kevin Leitao Receives Award
What Happened
Kevin D. Leitao, a director of Bankwell Financial Group, was granted 1,455 restricted shares on February 9, 2026 (transaction code A, reported at $0.00). The award is restricted stock — not an open‑market purchase — and vests in three equal annual tranches of 485 shares on February 7 of 2027, 2028 and 2029.
Key Details
- Transaction date and price: 2026-02-09, grant reported at $0.00 per share (award).
- Vesting: 1,455 shares total — 485 vest 2/7/2027, 485 vest 2/7/2028, 485 vest 2/7/2029 (footnote F1).
- Prior grant noted: 1,800 restricted shares granted 2/7/2025 (footnote F2); 600 of those vested on 2/7/2026 and 600 remain scheduled to vest in 2027 and 2028. As of the filing date, 600 shares from the 2025 grant have vested.
- Shares owned after transaction: not specified in the filing.
- Filing timeliness: Report covers 2026-02-09 and was filed 2026-02-10 (filed promptly); transaction code A = award/grant.
Context
Restricted stock awards are compensation and subject to vesting and potential forfeiture until vested; they involve no out‑of‑pocket purchase by the insider. Such awards are routine executive/director compensation and do not necessarily signal immediate insider buying or selling intent.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-09+1,455→ 1,455 total
- 1,200
Common Stock
[F2] - 4,500(indirect: By IRA)
Common Stock
- 700
Common Stock
Footnotes (2)
- [F1]1,455 shares of restricted stock granted on February 9, 2026, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan with 485 to vest on February 7, 2027. 485 will vest on February 7, 2028 and 485 will vest on February 7, 2029.
- [F2]1,800 shares of restricted stock granted on February 7, 2025, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan with 600 vested on February 7, 2026. 600 will vest on February 7, 2027 and 600 will vest on February 7, 2028. As of the filing date, 600 shares have vested.