Bankwell Financial Group, Inc. 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds Issuer Purchases of Equity Securities The following table includes information with respect to repurchases of the Company’s Common Stock during the three-month period ended June 30, 2026 under the Company’s share repurchase program. Issuer Purchases of Equity Securities Period (a) Total Number of Shares (or Units) Purchased (b) Average Price Paid per Share (or Unit) (c) Total Number of Shares (or Units) Purchased as Part of Publicly Announced Plans or Programs (d) Maximum Number (or Approximate Dollar Value) of Shares (or Units) that May Yet Be Purchased Under the Plans or Programs (1) April 1, 2026 - April 30, 2026 — $ — — 202,133 May 1, 2026 - May 31, 2026 — — — 202,133 June 1, 2026 - June 30, 2026 — — — 202,133 Total — $ — — (1) On October 28, 2024, the Company announced that on October 23, 2024, its Board of Directors authorized a share repurchase plan (the "Plan"). Under the terms of the Plan, the Company is authorized to purchase up to 250,000 shares of its outstanding common stock. To date, the Company has purchased 47,867 shares of the Company's common stock under the Plan. The Company intends to accomplish share repurchases through open market transactions, although the Company may accomplish repurchases through other means, such as privately negotiated transactions. The timing, price and volume of repurchases will be based on market conditions, relevant securities laws (such as Rules 10b-18 and 10b5-1 under the Securities Exchange Act of 1934) and other factors. The Plan does not obligate the Company to acquire any particular amount of common stock, and it may be modified or suspended at any time at the Company's discretion. The Company expects to fund any repurchases from cash on hand. Item 3. Defaults Upon Senior Securities None. Item 4. Mine Safety Disclosures None. 67