SCHEDULE 13D/A 0001026081-24-000002 0001026081 XXXXXXXX LIVE 7 Common Stock, No Par Value 09/12/2025 false 0001505732 06654A103 Bankwell Financial Group Inc

258 Elm Street New Canaan CT 06840

Lawrence B. Seidman 973-952-0405 900 Lanidex Plaza, Suite 230 Parsippany Parsippany NJ 07054 Steve Wolosky, Esq. 212-451-2300 1325 Avenue of the Americas New York NY 10019 Y Seidman and Associates LLC a WC NJ 194509 194509 194509 N 2.47 OO Y Seidman Investment Partnership LP a WC NJ 133370 133370 133370 N 1.69 PN Y Seidman Investment Partnership II LP a WC NJ 172234 172234 172234 N 2.19 PN Y LSBK06-08 LLC a WC FL 114199 114199 114199 N 1.45 OO Y Broad Park Investors LLC a WC NJ 129711 129711 129711 N 1.65 OO Y Chewy Gooey Cookies LP a WC DE 21419 21419 21419 N 0.27 PN Y Veteri Place Corporation a OO NJ 305604 305604 305604 N 3.88 CO 0001026081 Lawrence B Seidman a OO NJ 788622 788622 788622 N 10.01 IN Common Stock, No Par Value Bankwell Financial Group Inc 258 Elm Street New Canaan CT 06840 Item 3 is hereby amended and restated to read as follows: The Shares purchased by the Reporting Persons were purchased with working capital (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market purchases. The aggregate purchase cost of the 788,622 Shares beneficially owned in the aggregate by the Reporting Persons is approximately $22,038,633.14, including brokerage commissions. Item 4 is hereby amended and restated to read as follows: These purchases were executed in accordance with the regulatory approvals Mr. Seidman obtained to purchase up to 14.99% of the outstanding shares of the Issuer. Item 5 is hereby amended and restated to read as follows: The aggregate percentage of Shares reported owned by each Reporting Person is based upon 7,877,443 Shares outstanding, which is the total number of Shares outstanding as of June 30, 2025, as reported in the Issuer's 10-Q filed with the Securities and Exchange Commission on August 6, 2025. An aggregate of 788,622, contituting approximately 10.01% of the Shares outstanding, are reported by the Reporting Persons in this statement. As of the close of business on September 12, 2025: SAL beneficially owned 194,509 Shares, approximately 2.47% and SAL's transactions in the Shares during the past 60 days are listed in Exhibit 1. SIP beneficially owned 133,370 Shares, approximately 1.69% and SIP's transactions in the Shares during the past 60 days are listed in Exhibit 1. SIPII beneficially owned 172,234 Shares, approximately 2.19% and SIPII's transactions in the Shares during the past 60 days are listed in Exhibit 1. LSBK beneficially owned 114,199 Shares, approximately 1.45% and LSBK's transactions in the Shares during the past 60 days are listed in Exhibit 1. Broad Park beneficially owned 129,711 Shares, approximately 1.65% and Broad Park's transactions during the past 60 days are listed in Exhibit 1. Chewy beneficially owned 21,419 Shares, approximately 0.27% and Chewy's transactions during the past 60 days are listed in Exhibit 1. Veteri, (i) as the general partner of each of SIP and SIPII may be deemed the beneficial owner of the 133,370 Shares owned by SIP and the 172,234 Shares owned by SIPII. Accordingly, Veteri may be deemed the beneficial owner of an aggregate of 297,042 Shares, approximately 3.77%. Veteri has not entered into any transactions in the Shares during the past 60 days. Seidman beneficially owned 23,180 Shares, approximately 0.29%, and (i) as the Managing Member of SAL may be deemed the beneficial owner of the 194,509 Shares owned by SAL, (ii) as the sole officer of Veteri, the general partner of each SIP and SIPII, may be deemed the beneficial owner of the 133,370 Shares owned by SIP and the 172,234 Shares owned by SIPII, (iii) as the Investment Managing Member of LSBK, may be deemed the beneficial owner of the 114,199 Shares owned by LSBK, (iv) as the investment manager for each Broad Park and Chewy, may be deemed the beneficial owner of the 129,711 Shares owned by Broad Park, and the 21,419 Shares owned by Chewy. Accordingly, Seidman may be deemed the beneficial owner of an aggregate of 788,622 Shares, approximately 10.01%. In the foregoing capacities, Seidman has sole and exclusive investment discretion and voting authority with respect to all such Shares. Seidman's transactions in the Shares during the past 60 days are set forth in Exhibit 1. An aggregate pf 788,622 Shares, contituting approximately 10.01% of the Shares outstanding, are reported by the Reporting Persons in this statement. Each of the Reporting Persons, as a member of a "group" with the other Reporting Persons for purposes of Rule 13d-5(b)(1) of the Exchange Act, may be deemed to beneficially own the Shares owned by the other Reporting Persons. The filing of this Schedule 13D shall not be deemed an admission that any of the Reporting Persons is, for purposes of section 13(d) of the Exchange Act, the beneficial owner of any Shares he or it does not directly own. Each of the Reporting Persons specifically disclaims beneficial ownership of the Shares reported herein that he or it does not directly own. To the best of the Reporting Persons' knowledge, except as set forth in this Schedule 13D, none of the persons listed on Schedule A to the Schedule13D beneficially owns any securities of the Issuer. No person other than the Reporting Persons is known to have the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, the Shares. Exhibit 1 Transactions in the Shares during the past 60 days. Seidman and Associates LLC Lawrence B. Seidman 09/15/2025 Seidman Investment Partnership LP Lawrence B. Seidman 09/15/2025 Seidman Investment Partnership II LP Lawrence B. Seidman 09/15/2025 LSBK06-08 LLC Lawrence B. Seidman 09/15/2025 Broad Park Investors LLC Lawrence B. Seidman 09/15/2025 Chewy Gooey Cookies LP Lawrence B. Seidman 09/15/2025 Veteri Place Corporation Lawrence B. Seidman 09/15/2025 Lawrence B Seidman Lawrence B. Seidman 09/15/2025