Form 4: Bankwell Financial Group Director Blake S. Drexler Reports Transaction
SEC Form 4
Director Blake S. Drexler reports a transaction involving Bankwell Financial Group, Inc. common stock.
Summary
- On September 10, 2024, Blake S. Drexler, a director of Bankwell Financial Group, Inc., reported a transaction.
- Drexler indirectly acquired 7 shares of common stock through a Deferred Compensation Plan at a price of $29.
- Drexler also disposed of 834 shares of common stock.
- Following the reported transactions, Drexler directly owns 152,741 shares and indirectly owns 95,396 shares through various holdings including a Deferred Compensation Plan, holdings as Trustee, and an IRA-401(k).
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard regulatory filing reporting insider transactions.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 12/08/2020 | 2,000 shares of restricted stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. |
| 02/07/2020 | 3,520 shares of restricted stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. |
| 12/31/2021 | 1,600 shares of restricted stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. |
| 12/30/2022 | 1,600 shares of restricted stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. |
| 12/29/2023 | 2,500 shares of restricted stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. |
| 12/29/2023 | 1,600 shares of restricted stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. |
| 09/10/2024 | Date of transaction reported in Form 4. |
| 09/11/2024 | Date of Form 4 filing. |
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