Lampert Todd 4
Research Summary
AI-generated summary
Bankwell (BWFG) Director Todd Lampert Sells 3,500 Shares
What Happened
- Todd Lampert, a director of Bankwell Financial Group, sold 3,500 shares on June 5, 2026. The Form 4 reports a per-share price of $53.59 for a total of $187,565. The filing characterizes the transaction as a sale (S), which is typically a routine insider disposition rather than a bullish purchase.
Key Details
- Transaction date and price: 2026-06-05; reported price $53.59 per share (footnote reports a price range of $53.01–$54.01).
- Transaction type: Sale (open market or private sale as noted in the filing).
- Total proceeds: $187,565 (3,500 shares × $53.59).
- Shares owned after transaction: Not specified in the information provided in this summary.
- Relevant footnotes:
- F1: Price range $53.01–$54.01; reporting person will provide individual transaction info to the SEC on request.
- F2–F6: Several restricted stock grants disclosed with staggered vesting schedules (details include grants dated Feb 9, 2026; Dec 30, 2022; Dec 29, 2023; Feb 7, 2025, with various portions already vested and future vesting dates).
- Filing timeliness: Transaction reported on Form 4 filed 2026-06-08. Based on the June 5 transaction date, the filing appears to have been submitted within the normal SEC reporting window.
Context
- This filing documents a sale, which is generally less informative about insider sentiment than purchases. The filing also discloses multiple restricted stock grants with future vesting — these are standard compensation items and not direct cash purchases.
- No indication in the provided data of option exercises, gifts, or 10% owner transactions.