Bankwell Financial Group Files 8-K

Ticker: BWFG · Form: 8-K · Filed: Dec 23, 2024 · CIK: 1505732

Sentiment: neutral

Topics: corporate-info, filing

Related Tickers: BWFG

TL;DR

BWFG updated its office address and contact info in an 8-K filing.

AI Summary

On December 23, 2024, Bankwell Financial Group, Inc. filed an 8-K report. The filing indicates the company's principal executive offices are located at 258 Elm Street, New Canaan, Connecticut, 06840, with a contact phone number of (203) 652-0166. This report is a current report filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

Why It Matters

This 8-K filing provides an update on the company's principal executive office location and contact information, which is important for investors and stakeholders to have the most current details.

Risk Assessment

Risk Level: low — The filing is a routine update of corporate information and does not contain any material financial events or strategic changes.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to report the company's principal executive office address and telephone number as of December 23, 2024.

What is the official name of the company filing this report?

The official name of the company filing this report is Bankwell Financial Group, Inc.

In which state was Bankwell Financial Group, Inc. incorporated?

Bankwell Financial Group, Inc. was incorporated in Connecticut.

What is the Commission File Number for Bankwell Financial Group, Inc.?

The Commission File Number for Bankwell Financial Group, Inc. is 001-36448.

What is the IRS Employer Identification Number for the company?

The IRS Employer Identification Number for Bankwell Financial Group, Inc. is 20-8251355.

Filing Stats: 583 words · 2 min read · ~2 pages · Grade level 12.3 · Accepted 2024-12-23 16:00:22

Filing Documents

01 Other Events

Item 1.01 Other Events Bankwell Financial Group, Inc. (the "Company") and Lawrence B. Seidman ("Seidman") have previously entered into an Agreement dated February 5, 2020, which was amended by a First Amendment to Agreement dated as of July 30, 2022 (as so amended, the "Agreement"), related to Seidman's nomination and election to the Board of Directors. The Agreement restricted the ability of Seidman and his affiliates to acquire more than 9.9% of the Company's common stock (subject to certain exceptions), which restriction was waived during any period that the tangible book value per share ("TBVPS") of the Company's common stock exceeded the closing price of the Company's stock (as reported on the Nasdaq Stock Market) for 20 consecutive days. On December 19, 2024, the Company and Seidman entered into an Amendment to the Agreement (the "Amendment"), to allow Seidman and/or his affiliates to purchase up to 14.99% of the Company's fully diluted outstanding common stock, without regarding to the TBVPS or stock price, provided that in no event shall Seidman or his affiliates directly or indirectly acquire any securities of the Company that would, upon acquisition or conversion of such securities, result in the ownership or control of more than 14.99% of the Company's fully diluted outstanding common stock. The amendment is attached as Exhibit 10.1 and incorporated by this reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits None Exhibit Number Description 10.1 December 19, 2024 Amended Agreement

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BANKWELL FINANCIAL GROUP, INC. Registrant December 23, 2024 By: /s/ Courtney E. Sacchetti Courtney E. Sacchetti Executive Vice President and Chief Financial Officer

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