SEIDMAN LAWRENCE B 4

What Happened
Lawrence B. Seidman, a director of Bankwell Financial Group, Inc. (BWFG), made an open-market purchase of 170 shares on May 15, 2026 at $49.92 per share, a total cost of $8,486. This was a straight purchase (transaction code P), increasing his direct equity stake.

Key Details

• Transaction date and price: 2026-05-15, 170 shares at $49.92 each (total $8,486).
• Filing date: Form 4 filed 2026-05-18 (timely filed within reporting window).
• Shares owned after transaction: The Form 4 does not list a single consolidated total. Footnotes show 2,866 vested restricted shares as of the filing date; adding this 170-share purchase would increase those vested holdings to 3,036 shares, assuming no other holdings.
• Notable footnotes (restricted stock grants / vesting):
  • F1: 1,455 RSUs granted 2/9/2026 — vesting in 3 annual tranches of 485 (2027–2029).
  • F2: 1,800 RSUs granted 2/7/2025 — 600 vested (as of filing); remaining vest 2027–2028.
  • F3: 1,600 RSUs granted 12/29/2023 — 1,066 vested as of filing; remaining vest 2/7/2026 & 2/7/2027.
  • F4: 1,600 RSUs granted 12/30/2022 — vesting over 4 years; 1,200 vested as of filing.
• No 10b5-1 trading plan, option exercise, gift, or tax-withholding sale was indicated in the filing.

Context
This was a small open-market purchase (about $8.5k). Open-market buys are straightforward purchases of shares and are often noted by investors as a potentially positive signal, but a single small purchase does not by itself indicate a change in company outlook or strategy.