Lawrence B. Seidman - 10 Sep 2025 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Role: Director
Signature: /s/ Angelo G. Fusaro, Attorney-in-Fact for Lawrence B. Seidman
Issuer symbol: BWFG
Transactions as of: 10 Sep 2025
Net transactions value: +$489,927
Form type: 4
Filing time: 11 Sep 2025, 10:46:43 UTC
Previous filing: 05 Sep 2025
Next filing: 12 Sep 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
SEIDMAN LAWRENCE B	Director	C/O BANKWELL FINANCIAL GROUP, INC., 258 ELM STREET, NEW CANAAN	/s/ Angelo G. Fusaro, Attorney-in-Fact for Lawrence B. Seidman	11 Sep 2025	0001026081

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BWFG	Common Stock	Purchase	$204,927	+4,602	+2.6%	$44.53	182,795	10 Sep 2025	By Seidman and Associates, L.L.C.
transaction	BWFG	Common Stock	Purchase	$66,899	+1,502	+1.2%	$44.54	129,547	10 Sep 2025	By Seidman Investment Partnership, L.P.
transaction	BWFG	Common Stock	Purchase	$40,674	+913	+0.54%	$44.55	169,910	10 Sep 2025	By Seidman Investment Partnership II, L.P.
transaction	BWFG	Common Stock	Purchase	$120,258	+2,700	+2.6%	$44.54	107,326	10 Sep 2025	By LSBK06-08, L.L.C.
transaction	BWFG	Common Stock	Purchase	$33,546	+753	+0.59%	$44.55	127,795	10 Sep 2025	By Broad Park Investors, L.L.C.
transaction	BWFG	Common Stock	Purchase	$23,622	+530	+2.7%	$44.57	20,069	10 Sep 2025	By Chewy Gooey Cookies, L.P.
holding	BWFG	Common Stock						1,800	10 Sep 2025	Direct	F1
holding	BWFG	Common Stock						1,067	10 Sep 2025	Direct	F2
holding	BWFG	Common Stock						800	10 Sep 2025	Direct	F3
holding	BWFG	Common Stock						400	10 Sep 2025	Direct	F4
holding	BWFG	Common Stock						3,775	10 Sep 2025	Deferred Compensation Plan
holding	BWFG	Common Stock						15,338	10 Sep 2025	Direct

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

Explanation of Responses:

Id	Content
F1	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.
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, 533 shares have vested.
F3	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 vesting on January 2, 2024 and an additional 25% to vest on each annual anniversary of the vesting date thereafter. As of the filing date, 800 shares have vested.
F4	1,600 shares of restricted stock granted on December 31, 2021, pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan and will vest in four equal annual installments of 25%, with the first installment vesting on January 2, 2023 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.