4/A: Bankwell Financial Group CEO Amends SEC Filing to Correct Stock Sale and Holding Balance
SEC Form 4/A Amendment
Christopher R. Gruseke, CEO of Bankwell Financial Group, amends a previous SEC filing to correct the number of shares sold to cover tax liabilities and the holding balance of shares owned jointly with his spouse.
Summary
- Christopher R. Gruseke, CEO of Bankwell Financial Group, filed an amendment to his Form 4 on April 3, 2025, to correct information regarding a transaction that occurred on February 7, 2025.
- The amendment corrects the number of shares sold to cover the tax liability for vesting shares, changing it from 1,908 shares (related to 5,772 vested shares) to 3,536 shares (related to 7,696 vested shares).
- The amendment also corrects the holding balance of shares reported as jointly owned with his spouse, changing it from 62,287 shares to 64,787 shares.
- The sale price range for the 3,536 shares was $31.53 $32.87.
Sentiment
Score: 5
Explanation: The document is a routine correction of an SEC filing, with no inherent positive or negative sentiment.
Industry Context
This is a routine SEC filing related to insider trading activity. It is common for executives to sell shares to cover tax liabilities associated with vesting equity awards.
Key Dates
| Date | Description |
|---|---|
| 02/07/2025 | Date of the stock sale transaction. |
| 02/10/2025 | Date of original Form 4 filing. |
| 04/03/2025 | Date of amended Form 4/A filing. |
Keywords
Form 4, Amendment, SEC Filing, Bankwell Financial Group, Christopher R. Gruseke, Stock Sale, Beneficial Ownership
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