SEIDMAN LAWRENCE B 4

What Happened

• Lawrence B. Seidman, a director of Bankwell Financial Group, purchased a total of 10,000 shares in multiple open-market transactions on March 13, 2026 (transaction code P). The purchases ranged from $46.95 to $46.99 per share, totaling approximately $469,601. This is an outright purchase (a buy transaction), which some investors view as a modestly bullish insider action.

Key Details

• Transaction date: March 13, 2026 (reported on Form 4 filed March 16, 2026) — filing appears timely (filed within the standard SEC window).
• Trades: six open-market purchases: 4,085 @ $46.95; 1,259 @ $46.96; 754 @ $46.98; 2,460 @ $46.96; 911 @ $46.97; 531 @ $46.99.
• Total: 10,000 shares purchased for ~$469,601 (prices $46.95–$46.99).
• Shares owned after transaction: not specified in the information provided in your summary.
• Footnotes (restricted stock grants and vesting):
  • F1: 1,455 RSUs granted 2/9/2026 (vesting 485 each on 2/7/2027, 2/7/2028, 2/7/2029).
  • F2: 1,800 RSUs granted 2/7/2025 (600 vested 2/7/2026; remaining vest annually).
  • F3: 1,600 RSUs granted 12/29/2023 (1,066 vested as of filing; remaining vest later).
  • F4: 1,600 RSUs granted 12/30/2022 (1,200 vested as of filing; remaining vest annually).
• No 10b5‑1 plan, option exercises, gifts, or tax‑withholding notes were indicated in the provided details.

Context

• These were straight purchases (no options exercise or immediate sale), which typically signal the insider added to their position rather than monetizing holdings. The filing shows multiple small buys executed the same day at nearly identical prices. As always, purchases by directors are factual data points—useful to monitor but not definitive proof of future performance.