Courtney E. Sacchetti - 09 Feb 2026 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Signature
/s/ Courtney E. Sacchetti
Issuer symbol
BWFG
Transactions as of
09 Feb 2026
Net transactions value
-$52,877
Form type
4
Filing time
10 Feb 2026, 11:40:42 UTC
Previous filing
10 Feb 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Sacchetti Courtney E EVP & Chief Financial Officer C/O BANKWELL FINANCIAL GROUP, INC, 258 ELM STREET, NEW CANAAN /s/ Courtney E. Sacchetti 10 Feb 2026 0001956565

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWFG Common Stock Award $0 +1,994 $0.000000 1,994 09 Feb 2026 Direct F1
transaction BWFG Common Stock Award $0 +245 +6.1% $0.000000 4,263 09 Feb 2026 Direct F2
transaction BWFG Common Stock Sale $52,877 -1,062 -25% $49.79 3,201 09 Feb 2026 Direct F3, F4
holding BWFG Common Stock 375 09 Feb 2026 Direct F5
holding BWFG Common Stock 980 09 Feb 2026 Direct F6
holding BWFG Common Stock 436 09 Feb 2026 Direct F7
holding BWFG Common Stock 1,090 09 Feb 2026 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1,994 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 997 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. 997 of those shares are performance restricted stock with a three year cliff vesting on February 7, 2029 if the performance goal is achieved.
F2 245 shares were granted and vested on February 9, 2026. These shares were related to 2024 and 2025 additional performance shares.
F3 Range of reported sale price is $49.47 - $50.21. Reporting person agrees to provide individual transaction information to SEC upon request.
F4 1,062 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 2,220 shares.
F5 1,500 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 four substantially equal annual installments, with the first installment vested on February 7, 2024 and the second, third and fourth installments to vest on each annual anniversary of the vesting date thereafter. As of the filing date, 1,125 shares have vested.
F6 2,936 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 1,468 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. 1,468 of those shares are performance restricted stock and may vest when and if the performance goal is achieved. As of the filing date, 978 common shares vested and 653 performance shares have vested. 325 performance shares have been forfeited.
F7 436 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.
F8 1,308 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 654 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. As of the vesting date, 218 shares have vested. 654 of those shares are performance restricted stock with a three year cliff vesting on February 7, 2028 if the performance goal is achieved.