{"id":796832,"date":"2024-12-23T15:44:03","date_gmt":"2024-12-23T20:44:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/bankwell-financial-group-director-lawrence-b-seidman-approved-to-increase-position-in-company\/"},"modified":"2024-12-23T15:44:03","modified_gmt":"2024-12-23T20:44:03","slug":"bankwell-financial-group-director-lawrence-b-seidman-approved-to-increase-position-in-company","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bankwell-financial-group-director-lawrence-b-seidman-approved-to-increase-position-in-company\/","title":{"rendered":"Bankwell Financial Group Director, Lawrence B. Seidman, Approved to Increase Position in Company"},"content":{"rendered":"

<\/p>\n

Bankwell Financial Group Director, Lawrence B. Seidman, Approved to Increase Position in Company<\/b><\/p>\n

NEW CANAAN, Conn.–(BUSINESS WIRE<\/a>)–
\nBankwell 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.<\/p>\n

\nMr. Seidman is the Manager of Seidman and Associates, LLC based in Parsippany, NJ. He has served on Bankwell\u2019s board of directors since 2020.<\/p>\n

\nChristopher R. Gruseke, President and CEO of Bankwell, commented, \u201cLarry has been a steadfast supporter of the Company\u2019s strategic direction and growth initiatives. We look forward to our continued relationship.\u201d<\/p>\n

\nMr. Seidman added, \u201cMy 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\u2019s promising outlook.\u201d<\/p>\n

About Bankwell Financial Group, Inc.<\/b><\/p>\n

\nBankwell Financial Group, Inc. is the holding company for Bankwell Bank (\u201cBankwell\u201d), a full-service commercial bank headquartered in New Canaan, CT. Bankwell offers its customers unmatched accessibility, expertise, and responsiveness through a range of commercial financing products including working capital lines of credit, SBA loans, acquisition loans, and commercial mortgages as well as treasury management and deposit services. More about Bankwell can be found at www.mybankwell.com<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20241223418285\/en\/<\/a><\/span><\/p>\n

\nCourtney E. Sacchetti
\n
(203) 652-0166<\/p>\n

KEYWORDS:<\/b> Connecticut United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
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Bankwell Financial Group Director, Lawrence B. Seidman, Approved to Increase Position in Company NEW CANAAN, Conn.–(BUSINESS WIRE)– 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\u2019s board of directors since 2020. Christopher R. Gruseke, President and CEO of Bankwell, commented, \u201cLarry has been a steadfast supporter of the Company\u2019s strategic direction and growth initiatives. We look forward to our continued relationship.\u201d Mr. Seidman added, … <\/p>\n

Continue reading “Bankwell Financial Group Director, Lawrence B. Seidman, Approved to Increase Position in Company”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-796832","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nBankwell Financial Group Director, Lawrence B. 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(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\u2019s board of directors since 2020. Christopher R. Gruseke, President and CEO of Bankwell, commented, \u201cLarry has been a steadfast supporter of the Company\u2019s strategic direction and growth initiatives. We look forward to our continued relationship.\u201d Mr. Seidman added, … Continue reading "Bankwell Financial Group Director, Lawrence B. 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