Ryan J. Hildebrand - Jul 1, 2024 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Role: Chief Innovation Officer
Signature: /s/ Courtney E. Sacchetti, Attorney-in-Fact for Ryan J. Hildebrand
Stock symbol: BWFG
Transactions as of: Jul 1, 2024
Transactions value $: -$36,229
Form type: 4
Date filed: 7/3/2024, 09:42 AM
Previous filing: Aug 10, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BWFG	Common Stock	Sale	-$36.2K	-1.45K	-43.44%	$25.02	1.89K	Jul 1, 2024	Direct	F1
holding	BWFG	Common Stock						6.67K	Jul 1, 2024	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	1,448 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 3,333 shares.
F2	10,000 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. The shares are restricted stock that will vest in three substantially equal annual installments, with the first installment vested on July 1, 2024 and the second and third installments to vest on each annual anniversary of the vesting date thereafter.