Ryan J. Hildebrand - 07 Feb 2025 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Role: Chief Innovation Officer
Signature: /s/ Angelo G. Fusaro, Attorney-in-Fact for Ryan J. Hildebrand
Issuer symbol: BWFG
Transactions as of: 07 Feb 2025
Net transactions value: $0
Form type: 4
Filing time: 10 Feb 2025, 14:18:02 UTC
Previous filing: 03 Jul 2024
Next filing: 11 Jun 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BWFG	Common Stock	Award	$0	+15,000	$0.000000	15,000	07 Feb 2025	Direct	F1
holding	BWFG	Common Stock					6,667	07 Feb 2025	Direct	F2
holding	BWFG	Common Stock					1,885	07 Feb 2025	Direct

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

Explanation of Responses:

Id	Content
F1	15,000 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. These shares are performance restricted stock with a three year cliff vesting on February 7, 2028 if the performance goals are achieved.
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. As of the filing date, 3,333 shares have vested.

Content

15,000 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. These shares are performance restricted stock with a three year cliff vesting on February 7, 2028 if the performance goals are achieved.

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. As of the filing date, 3,333 shares have vested.