Christine Chivily - 09 Feb 2026 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Role: EVP & Chief Credit Officer
Signature: /s/ Angelo G. Fusaro, Attorney-in-Fact for Christine Chivily
Issuer symbol: BWFG
Transactions as of: 09 Feb 2026
Net transactions value: -$98,853
Form type: 4
Filing time: 10 Feb 2026, 11:38:40 UTC
Previous filing: 12 Nov 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Chivily Christine	EVP & Chief Credit Officer	C/O BANKWELL FINANCIAL GROUP, INC., 258 ELM STREET, NEW CANAAN	/s/ Angelo G. Fusaro, Attorney-in-Fact for Christine Chivily	10 Feb 2026	0001665699

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BWFG	Common Stock	Award	$0	+2,054		$0.000000	2,054	09 Feb 2026	Direct	F1
transaction	BWFG	Common Stock	Award	$0	+581	+3.3%	$0.000000	18,171	09 Feb 2026	Direct	F2
transaction	BWFG	Common Stock	Sale	$98,853	-1,985	-11%	$49.80	16,186	09 Feb 2026	Direct	F3, F4
holding	BWFG	Common Stock						1,630	09 Feb 2026	Direct	F5
holding	BWFG	Common Stock						490	09 Feb 2026	Direct	F6
holding	BWFG	Common Stock						1,225	09 Feb 2026	Direct	F7

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

Explanation of Responses:

Id	Content
F1	2,054 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 1,057 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment to vest on February 7, 2027 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 1,057 of those shares are performance restricted stock with a three year cliff vesting on February 7, 2029 if the performance goal is achieved.
F2	581 shares were granted and vested on February 9, 2026. These shares were related to 2023, 2024, and 2025 additional performance shares.
F3	Range of reported sale price is $49.38 - $50.15. Reporting person agrees to provide individual transaction information to SEC upon request.
F4	1,985 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 4,232 shares.
F5	4,894 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 2,447 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment to vest on February 7, 2025 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 2,447 of those shares are performance restricted stock and may vest when and if the performance goal is achieved.
F6	490 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 two year cliff vesting on February 7, 2027 if the performance goals are achieved.
F7	1,470 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 735 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment to vest on February 7, 2026 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 735 of those shares are performance restricted stock with a three year cliff vesting on February 7, 2028 if the performance goals are achieved. As of the vesting date, 245 shares have vested.