Dunne Jeffrey R 4

What Happened

• Jeffrey R. Dunne, a director of Bankwell Financial Group, Inc. (BWFG), received a grant of 1,455 restricted shares on February 9, 2026. The Form 4 lists the acquisition price as $0 (transaction code A = award/grant). This is a compensated equity award subject to time-based vesting, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-09; Form 4 filed: 2026-02-10 (timely).
• Transaction type/code: Award/Grant (A).
• Shares granted: 1,455 restricted shares; reported acquisition price: $0.
• Vesting schedule for this grant (footnote F1): three equal tranches of 485 shares vesting on Feb 7 of 2027, 2028 and 2029.
• Related prior grants noted in the filing:
  • 1,600 restricted shares granted 12/29/2023 (F2); 1,066 of those had vested as of filing.
  • 1,800 restricted shares granted 2/7/2025 (F3); 600 of those had vested as of filing.
• Shares owned after the reported transaction: not specified in the provided filing excerpt.

Context

• Restricted stock awards are compensation tied to continued service and vesting dates; they are not immediate cash sales and do not necessarily indicate buy/sell sentiment.
• The Form 4 shows the award value as $0 for reporting purposes; actual economic value depends on BWFG’s stock price and the vesting of the shares.