Bankwell Financial Group’s chief innovation officer sells $66,898 in stock

Published 11/06/2025, 21:56
Bankwell Financial Group’s chief innovation officer sells $66,898 in stock

Ryan Jason Hildebrand, Chief Innovation Officer of Bankwell Financial Group, Inc. (NASDAQ:BWFG), has reported selling a total of 1,885 shares of the company’s common stock. The shares were sold on June 11, 2025, at a price range between $35.26 and $35.69 per share, amounting to a total transaction value of $66,898. The sale comes as BWFG trades near its 52-week high of $36, having delivered an impressive 54% return over the past year. According to InvestingPro analysis, the stock appears slightly overvalued at current levels.

Following this transaction, Hildebrand holds no shares directly from this sale. However, he retains ownership of other shares under different conditions. Hildebrand has 15,000 shares granted under the 2022 Bankwell Financial Group Stock Plan, which are performance-restricted and set to vest in February 2028, contingent on achieving performance goals. Additionally, he has another 10,000 shares from the same stock plan, which are restricted and will vest in three equal annual installments. As of the filing date, 3,333 shares have already vested. The company, currently valued at $274 million, maintains a P/E ratio of 21.6 and offers a dividend yield of 2.25%.

This transaction provides insight into the stock activity of a key executive at Bankwell Financial Group, a company that continues to navigate its financial strategies in the industry. For a deeper understanding of BWFG’s financial health and growth prospects, InvestingPro subscribers can access 10 additional ProTips and comprehensive analysis in the Pro Research Report.

In other recent news, Bankwell Financial Group reported impressive first-quarter earnings for 2025, significantly exceeding analyst expectations. The company achieved an earnings per share (EPS) of $0.87, surpassing the forecasted $0.73, and marking an 81% increase from the previous year. Revenue for the quarter was $23.57 million, which also surpassed the anticipated $22.63 million. In addition to financial performance, Bankwell announced the results of its Annual Meeting of Shareholders, where all director nominees were elected, and key proposals, including executive compensation and the appointment of RSM US LLP as auditors, were approved. The meeting had a substantial turnout, with over 6.5 million shares represented. Bankwell’s strategic initiatives, such as the addition of new deposit teams and a Chief Technology Officer, were highlighted as part of its ongoing growth efforts. The company provided guidance for 2025, projecting net interest income between $93 million and $95 million and non-interest income of $7 million to $8 million. These developments reflect Bankwell’s robust operational execution and strategic direction.

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