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

Role: President & CBO
Signature: /s/ Angelo Fusaro, Attorney-in-Fact for Matt McNeill
Issuer symbol: BWFG
Transactions as of: 09 Feb 2026
Net transactions value: -$189,055
Form type: 4
Filing time: 11 Feb 2026, 09:59:29 UTC
Previous filing: 10 Feb 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
McNeill Matt	President & CBO	C/O BANKWELL FINANCIAL GROUP, INC., 258 ELM STREET, NEW CANAAN	/s/ Angelo Fusaro, Attorney-in-Fact for Matt McNeill	11 Feb 2026	0001806998

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BWFG	Common Stock	Award	$0	+4,860		$0.000000	4,860	09 Feb 2026	Direct	F1
transaction	BWFG	Common Stock	Award	$0	+1,143	+2.4%	$0.000000	48,813	09 Feb 2026	Direct	F2
transaction	BWFG	Common Stock	Sale	$189,055	-3,794	-7.8%	$49.83	45,019	09 Feb 2026	Direct	F3, F4
holding	BWFG	Common Stock						3,588	09 Feb 2026	Direct	F5
holding	BWFG	Common Stock						15,000	09 Feb 2026	Direct	F6

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

Explanation of Responses:

Id	Content
F1	4,860 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 2,430 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. 2,430 of those shares are performance restricted stock with a three year cliff vesting on February 7, 2029 if the performance goal is achieved.
F2	1,143 shares were granted and vested on February 9, 2026. These shares were related to 2023 and 2024 additional performance shares.
F3	3,794 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 8,462 shares.
F4	Range of reported sale price is $49.44 - $50.21. Reporting person agrees to provide individual transaction information to SEC upon request.
F5	10,768 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 5,384 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. 5,384 of those shares are performance restricted stock and may vest when and if the performance goal is achieved. As of the vesting date, 1,795 restricted stock shares vested, 1,795 performance based shares vested, and 621 additional performance based shares vested.
F6	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.