Christopher R. Gruseke - 09 Feb 2026 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Role
CEO
Signature
/s/ Angelo G. Fusaro, Attorney-in-Fact for Christopher R. Gruseke
Issuer symbol
BWFG
Transactions as of
09 Feb 2026
Net transactions value
-$251,738
Form type
4
Filing time
11 Feb 2026, 15:16:02 UTC
Previous filing
19 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Gruseke Christopher R CEO C/O BANKWELL FINANCIAL GROUP, INC., 258 ELM STREET, NEW CANAAN /s/ Angelo G. Fusaro, Attorney-in-Fact for Christopher R. Gruseke 11 Feb 2026 0001422086

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWFG Common Stock Award $0 +7,654 $0.000000 7,654 09 Feb 2026 Direct F1
transaction BWFG Common Stock Award $0 +1,516 +0.86% $0.000000 177,203 09 Feb 2026 Direct F2
transaction BWFG Common Stock Sale $251,738 -5,056 -2.9% $49.79 172,147 09 Feb 2026 Direct F3, F4, F5
holding BWFG Common Stock 4,568 09 Feb 2026 Direct F6
holding BWFG Common Stock 22,500 09 Feb 2026 Direct F7
holding BWFG Common Stock 12,500 09 Feb 2026 IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 7,654 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 3,827 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. 3,827 of those shares are performance restricted stock with a three year cliff vesting on February 7, 2029 if the performance goal is achieved.
F2 1,516 shares were granted and vested on February 9, 2026. These shares were related to 2023 and 2024 additional performance shares.
F3 Range of reported sale price is $49.38 - $50.27. Reporting person agrees to provide individual transaction information to SEC upon request.
F4 62,287 shares reported are owned jointly with spouse.
F5 5,056 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 11,265 shares.
F6 13,704 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 6,852 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. 6,852 of those shares are performance restricted stock and may vest when and if the performance goal is achieved.
F7 22,500 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.