Drexler Blake S 4
4 · Bankwell Financial Group, Inc. · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
Bankwell (BWFG) Director Blake S. Drexler Buys 79 Shares
What Happened Blake S. Drexler, a director of Bankwell Financial Group, bought 79 shares of BWFG on June 5, 2026 in an open-market/private purchase (code P) at $53.70 per share for a total of $4,242. This was a straight purchase (a bullish signal in that it is an insider buy), though the size is small relative to typical insider trades.
Key Details
- Transaction date and price: 2026-06-05 — 79 shares at $53.70 each (total $4,242).
- Transaction type: Purchase (Form 4 code P).
- Owned after transaction: The filing does not list a single "owned after" total. Footnotes indicate he exercises control over 58,224 shares held by family members; additionally, 2,866 restricted shares have vested as of the filing date, and he added 79 shares in this purchase.
- Vesting/award notes (from footnotes):
- F1: 1,600 RSUs granted 12/30/2022; 1,200 vested as of filing.
- F2: 1,600 RSUs granted 12/29/2023; 1,066 vested as of filing.
- F3: 1,800 RSUs granted 2/7/2025; 600 vested as of filing.
- F4: 1,455 RSUs granted 2/9/2026; none vested as of filing (vesting begins 2/7/2027).
- F5: Includes 58,224 shares held by family members over which he exercises effective control.
- Timeliness: Transaction date 6/5/2026; Form filed 6/9/2026. This appears later than the standard 2-business-day Form 4 reporting window, so the filing may be late.
Context
- This was a modest open-market purchase (about $4.2k)—insider buys can be more informative than sells, but small purchases may be routine or for personal allocation and don’t necessarily indicate a material change in company outlook.
- No option exercises, sales, gifts, or 10b5-1 plan references were reported for this transaction.
Insider Transaction Report
Form 4
Drexler Blake S
Director
Transactions
- Purchase
Common Stock
2026-06-05$53.70/sh+79$4,242→ 36,933 total(indirect: Deferred Compensation Plan)
Holdings
- 400
Common Stock
[F1] - 534
Common Stock
[F2] - 1,200
Common Stock
[F3] - 1,455
Common Stock
[F4] - 1,128(indirect: By 401(k))
Common Stock
- 58,224(indirect: Exercises Control)
Common Stock
[F5] - 160,861
Common Stock
Footnotes (5)
- [F1]1,600 shares of restricted stock granted on December 30, 2022, pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan and will vest in four equal annual installments of 25%, with the first installment vested on January 2, 2024 and an additional 25% to vest on each annual anniversary of the vesting date thereafter. As of the filing date, 1,200 shares have vested.
- [F2]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.
- [F3]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.
- [F4]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.
- [F5]Includes 58,224 shares that are held by family members over which he exercises effective control.
Signature
/s/ Angelo G. Fusaro Attorney-in-Fact for Blake S. Drexler|2026-06-09