Dunne Jeffrey R 4
4 · Bankwell Financial Group, Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Bankwell (BWFG) Director Jeffrey R. Dunne Buys 357 Shares
What Happened
Jeffrey R. Dunne, a director of Bankwell Financial Group, Inc. (BWFG), made an open-market purchase of 357 shares on March 6, 2026 at $46.00 per share, for a total cost of $16,422. This was an acquisition (purchase), not a sale or exercise.
Key Details
- Transaction date and price: 2026-03-06, open-market purchase at $46.00 per share. Total value: $16,422.
- Filing date: 2026-03-09 (filed timely).
- Shares owned after transaction: the filing does not state a single consolidated post-transaction total. The purchase added 357 shares to Dunne’s holdings.
- Restricted stock notes from the filing:
- F1: 1,600 RSU grant (12/29/2023) — 533 vested 2/7/2025, 533 vested 2/7/2026, 534 vest 2/7/2027; 1,066 vested as of filing.
- F2: 1,800 RSU grant (2/7/2025) — 600 vested as of filing; remaining vest in 2026–2028.
- F3: 1,455 RSU grant (2/9/2026) — vesting 2027–2029 (none vested as of filing).
- No 10b5-1 plan, gift, exercise, or tax-withholding annotation indicated in the disclosed transaction.
Context
Open-market purchases by directors are straightforward acquisitions and can be of interest to investors because they represent directors adding to their holding (rather than selling). The filing documents several restricted stock awards (some vested, some not) that constitute additional share exposure for Dunne beyond this purchase. The Form 4 was filed within the SEC’s timeliness window.
Insider Transaction Report
- Purchase
Common Stock
2026-03-06$46.00/sh+357$16,422→ 5,805 total(indirect: Deferred Compensation Plan)
- 534
Common Stock
[F1] - 1,200
Common Stock
[F2] - 1,455
Common Stock
[F3] - 4,166
Common Stock
Footnotes (3)
- [F1]1,600 shares of restricted stock granted on December 29, 2023, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan with 533 vested on February 7, 2025, 533 will vest on February 7, 2026 and 534 will vest on February 7, 2027. As of the filing date, 1,066 shares have vested.
- [F2]1,800 shares of restricted stock granted on February 7, 2025, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan with 600 to vest 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.
- [F3]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.