Form 4 for BWFG Bankwell Financial Group, Inc.
Accepted 2025-02-10 00:00:00 ET · period of report 2025-02-07 · accession 0001505732-25-000031 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2025-02-10 | 2025-02-07 | BWFG | Sacchetti Courtney E | EVP, CFO | A - Grant | $0.00 | +1,962 | 1,308 | New | $0 |
| 2025-02-10 | 2025-02-07 | BWFG | Sacchetti Courtney E | EVP, CFO | S - Sale | $32.66 | -445 | 2,043 | -18% | -$14.5K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-02-07 | A | A | 436 | $0.00 | 436 | D | — | — | (F4) 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. |
| 2 | Common | Common Stock | 2025-02-07 | A | A | 218 | $0.00 | 218 | D | — | — | (F3) 218 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 one year cliff vesting on February 7, 2026 if the performance goals are achieved. |
| 3 | Common | Common Stock | 2025-02-07 | A | A | 1,308 | $0.00 | 1,308 | D | — | — | (F2) 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. 654 of those shares are performance restricted stock with a three year cliff vesting on February 7, 2028 if the performance goals are achieved. |
| 4 | Common | Common Stock | 2025-02-07 | S | D | 445 | $32.66 | 2,043 | D | — | — | (F1) 445 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 1,216 shares. |