Ryan J. Hildebrand - 01 Jul 2025 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Signature
/s/ Angelo G. Fusaro, Attorney-in-Fact for Ryan J. Hildebrand
Issuer symbol
BWFG
Transactions as of
01 Jul 2025
Net transactions value
-$47,255
Form type
4
Filing time
02 Jul 2025, 12:43:25 UTC
Previous filing
11 Jun 2025
Next filing
05 Aug 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Hildebrand Ryan Jason Chief Innovation Officer C/O BANKWELL FINANCIAL GROUP, INC., 258 ELM STREET, NEW CANAAN /s/ Angelo G. Fusaro, Attorney-in-Fact for Ryan J. Hildebrand 02 Jul 2025 0001982685

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWFG Common Stock Sale $47,255 -1,282 -38% $36.86 2,051 01 Jul 2025 Direct F1, F2
holding BWFG Common Stock 15,000 01 Jul 2025 Direct F3
holding BWFG Common Stock 3,334 01 Jul 2025 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1,282 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 Range of reported sale price is $36.56 - $37.26. Reporting person agrees to provide individual transaction information to SEC upon request.
F3 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.
F4 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, 6,666 shares have vested.