Lampert Todd 4

What Happened Todd Lampert, a director of Bankwell Financial Group, Inc. (BWFG), was granted two restricted stock awards on February 9, 2026 totaling 1,746 shares (291 shares and 1,455 shares). Both awards were issued at $0.00 (restricted stock awards under the company stock plans), so no cash changed hands. These awards add to prior restricted grants; combining these with earlier grants, Lampert has 6,746 total restricted shares granted (2,866 of which have vested as of the filing date).

Key Details

• Transaction date: February 9, 2026. Filing date: February 10, 2026 (Form 4) — filed on time.
• Transaction type/code: A = Award/Grant; grant price reported $0.00.
• New awards and vesting:
  • 291 shares (vest fully on Feb 7, 2027). (Footnote F1)
  • 1,455 shares (485 vest on Feb 7 of 2027, 2028 and 2029). (Footnote F2)
• Prior grants summarized in footnotes:
  • 1,600 shares (Dec 30, 2022) — vesting in four annual installments; 1,200 vested as of filing. (F3)
  • 1,600 shares (Dec 29, 2023) — staggered vesting; 1,066 vested as of filing. (F4)
  • 1,800 shares (Feb 7, 2025) — staggered vesting; 600 vested as of filing. (F5)
• Totals after these grants: 6,746 restricted shares granted in total; 2,866 vested and 3,880 unvested as of the filing date (counts derived from the filing footnotes).
• No tax-withholding sale or open-market transaction reported with these grants.

Context These were compensation awards (restricted stock) under Bankwell’s stock plans, not open-market purchases or sales. Restricted stock awards vest over time according to the schedules above; they represent compensation and potential future ownership rather than an immediate market buy or sell signal.