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Stock impact report

Bankwell Financial Group Director, Lawrence B. Seidman, Approved to Increase Position in Company [Yahoo! Finance]

Bankwell Financial Group, Inc. (BWFG) 
Last bankwell financial group, inc. earnings: 4/29 06:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.mybankwell.com
Company Research Source: Yahoo! Finance
parent company of Bankwell Bank, has announced board approval of a measure that will allow individual shareholder and director, Lawrence B. Seidman, to increase his position in the Company from a maximum of 9.9% to 14.99% of common stock. Mr. Seidman is the Manager of Seidman and Associates, LLC based in Parsippany, NJ. He has served on Bankwell's board of directors since 2020. Christopher R. Gruseke, President and CEO of Bankwell, commented, "Larry has been a steadfast supporter of the Company's strategic direction and growth initiatives. We look forward to our continued relationship." Mr. Seidman added, "My decision to increase my position in Bankwell aligns with my long-term investment strategy to purchase undervalued publicly traded community banks and reflects my strong support for the management team and the Company's promising outlook." About Bankwell Financial Group, Inc. Bankwell Financial Group, Inc. is the holding company for Bankwell Bank ("Bankwell"), a full-ser Show less Read more
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