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Bankwell Financial Group Director, Lawrence B. Seidman Receives Approval Of A Measure That Will Allow Him To Increase His Position In The Co From A Maximum Of 9.9% To 14.99% Of Common Stock

Benzinga ·  Dec 24, 2024 04:42

Bankwell Financial Group, Inc. (NASDAQ:BWFG), the 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.

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