Bankwell Financial Group, Inc. (NASDAQ: BWFG) director Lawrence B. Seidman acquired 2,540 shares of common stock on August 25, 2026 for a total of $167,425, according to a regulatory filing.
The shares were purchased at prices ranging from $65.89 to $66.01 per share. Seidman’s direct holdings in the company now total 17,463 shares, with an additional 3,189 restricted shares subject to vesting schedules. His indirect holdings through affiliated entities amount to 838,403 shares, and he holds 4,844 shares in a deferred compensation plan.
Bankwell’s stock has gained 57% over the past year and is trading near its 52-week high of $69.59. The shares carry a price-to-earnings ratio of 12.23 and remain undervalued at current levels, according to InvestingPro analysis.
The transaction follows Bankwell’s second-quarter 2026 results, which reported earnings per share of $1.52 and revenue of $32.78 million, both exceeding Wall Street estimates. The company cited a widened net interest margin and growth in core deposits as key drivers of profitability.
