Lawrence B. Seidman, a director of Bankwell Financial Group Inc. (NASDAQ: BWFG), acquired 2,540 common shares on August 25, 2026, for a total of $167,425. The transactions occurred at share prices ranging between $65.89 and $66.01.
The purchases were made through multiple entities, including Seidman and Associates, L.L.C., Seidman Investment Partnership, L.P., and Broad Park Investors, L.L.C. Bankwell’s shares have gained 57% over the past year, with a 52-week high of $69.59.
Following the acquisition, Seidman’s direct stake in Bankwell totals 17,463 shares, alongside 3,189 restricted shares subject to vesting schedules and 4,844 shares held through a deferred compensation plan. His indirect holdings, held via various entities, amount to 838,403 shares.
Bankwell reported second-quarter 2026 earnings of $1.52 per share, exceeding Wall Street expectations. Revenue reached $32.78 million, also surpassing estimates. The bank cited a widening net interest margin and growth in core deposits as key drivers of profitability.
