Bridgewater Bancshares Inc (BWBBP)

Insider Trading Filed: 2026-05-08

Key Insights

Director Jeffrey D. Shellberg executed two separate stock sales on May 6-7, 2026, selling a combined 17,426 shares at weighted average prices of $18.45-$18.45, suggesting a coordinated divestment rather than isolated transactions.
Post-transaction, Shellberg maintains significant indirect beneficial ownership of 751,187 shares across three trust vehicles (Susan K. Shellberg Marital Trust, Jeffrey D. Shellberg Trust, and Susan K. Shellberg Family Trust), indicating substantial retained stake despite recent sales.
The sales represent approximately 2.3% reduction in Shellberg's trust-held position, a relatively modest divestment that does not signal major loss of confidence in the company given his continued substantial ownership.
All sales occurred within a tight two-day window at near-identical price points ($18.45-$18.61 range), suggesting execution under a planned strategy rather than opportunistic selling, potentially indicating a pre-arranged trading plan.

Insider Trading Filed: 2026-05-01

Key Insights

Director Jeffrey D. Shellberg sold 2,512 shares of BWB on 04/29/2026 at a weighted average price of $18.50, representing a modest insider sale transaction.
Following the sale, Shellberg maintains significant beneficial ownership of 770,675 shares across direct holdings (266,187 shares) and three trusts, indicating substantial continued stake in the company.
The sale appears routine and not indicative of major concerns, as the director retains the majority of his positions and the transaction volume is relatively small compared to total holdings.

Current Report Filed: 2026-05-01

Key Insights

Strong shareholder attendance with 84.92% quorum demonstrates solid investor engagement and confidence in company governance.
All 11 director nominees were elected with substantial support, with votes for ranging from 73.43% to 74.48% of shares present and voting, indicating stable board continuity.
The 2026 Equity Incentive Plan passed but faced notable opposition with 6.17 million votes against (29.5% of votes cast), suggesting some shareholder concern about compensation or dilution.
Auditor RSM US LLP was ratified with near-unanimous support (99.99% approval), reflecting strong confidence in financial oversight and audit quality.

Quarterly Report Filed: 2026-04-30

Key Insights

The filing shows Q1 2026 period-end data with comparative periods from Q1 2025 and year-end 2025, indicating ongoing operations with multiple equity incentive plans active including the 2023, 2019, and 2017 Combined Incentive plans.
The document references fair value measurements with recurring and non-recurring assessments, including equity swaps at Level 2 inputs and diverse loan portfolio segments (residential, commercial real estate, lease, and construction) suggesting a complex balance sheet requiring sophisticated valuation methodologies.
Cash flow hedging arrangements and interest rate swaps are documented for the Q1 2026 period, indicating active interest rate risk management activities; a subsequent event was noted on April 28, 2026 related to equity incentive plan activities.
The filing structure with extensive segment detail across real estate portfolios (1-4 family mortgages, multifamily, commercial owner-occupied and non-owner-occupied, construction and land development) suggests material diversification across real estate exposures that warrant monitoring for market-specific risks.

Current Report Filed: 2026-04-21

Key Insights

Company announced Q1 2026 financial results on April 21, 2026, with earnings presentation provided to investors for transparency and detailed financial analysis.
Board declared quarterly cash dividend of $36.72 per share ($0.3672 per depositary share) on Series A Preferred Stock, payable June 1, 2026, indicating continued commitment to shareholder returns despite market conditions.
Filing covers routine quarterly earnings disclosure and dividend announcement with no indication of material adverse events, leadership changes, or significant corporate actions that would require special disclosure.

Insider Trading Filed: 2026-04-17

Key Insights

Insider Mary Jayne Crocker, a director of Bridgewater Bancshares Inc., exercised 6,750 stock options at an exercise price of $12.92, increasing her direct beneficial ownership to 216,027 shares.
Crocker also holds additional stock options, including 91,102 options with an exercise price of $7.47 and 20,000 options with an exercise price of $17.50, suggesting she has significant equity incentives aligned with shareholders.
The reported transactions indicate ongoing insider conviction and commitment to the company's long-term success, which could be viewed positively by investors.

Insider Trading Filed: 2026-03-31

Key Insights

This Form 4 filing shows that Mary Jayne Crocker, a director of Bridgewater Bancshares Inc, acquired 280 shares of the company's common stock on March 31, 2026.
The acquisition of shares by a director suggests they have a positive outlook on the company's future performance and are increasing their personal stake.
The relatively small number of shares acquired, however, indicates this is not a major transaction and may not significantly impact the company's overall ownership structure.

Insider Trading Filed: 2026-03-31

Key Insights

Insider David B. Juran acquired 1,146 shares of Bridgewater Bancshares common stock, increasing his direct ownership to 1,348,967 shares.
Juran also holds indirect beneficial ownership of additional shares through various trust holdings, totaling over 243,000 shares.
The insider buying activity suggests Juran's confidence in the company's prospects and could signal positive sentiment among company leadership.

Insider Trading Filed: 2026-03-31

Key Insights

Insider Todd B. Urness has acquired 1,146 shares of Bridgewater Bancshares Inc (BWBBP) common stock, increasing his direct ownership to 309,259 shares.
Urness also holds an indirect beneficial ownership of 866,722 shares through the Todd B. Urness Revocable Trust, indicating continued confidence in the company.
The acquisition of additional shares by an insider suggests a positive outlook on the company's prospects.

Current Report Filed: 2026-02-27

Key Insights

Bridgewater Bancshares, Inc. has entered into an equity distribution agreement with Piper Sandler & Co. to sell up to $50 million of its common stock in an at-the-market offering.
The proceeds from the offering will be used for general corporate purposes, including potential investments, working capital, capital expenditures, stock repurchases, and debt repayment.
The company plans to issue the shares under its existing shelf registration statement, providing financial flexibility to access capital markets as needed.

Annual Report Filed: 2026-02-26

Key Insights

Bridgewater Bancshares reported strong financial results in 2025, with steady growth in interest income and a well-managed loan portfolio.
The company's investment in technology and digital banking initiatives appears to be paying off, as evidenced by the increase in non-interest income.
Bridgewater Bancshares' capital position remains strong, providing flexibility for future growth and strategic initiatives.

Insider Trading Filed: 2026-02-12

Key Insights

Insider Thomas P. Trutna sold 13,000 shares of Bridgewater Bancshares stock at an average price of $19.51, reducing his direct beneficial ownership to 82,634 shares.
The transaction was executed on February 10, 2026, suggesting a potential reduction in management's confidence or a personal liquidity need.
Investors should monitor any further insider selling activity and assess whether it signals a shift in the company's outlook or financials.

Current Report Filed: 2026-02-09

Key Insights

Bridgewater Bancshares, Inc. filed an 8-K disclosure indicating they will be presenting an investor presentation, providing insight into the company's current financial position and strategic direction.
The investor presentation will be used by the company's executives in meetings with investors and analysts, suggesting an effort to engage the investment community.
The filing does not disclose any material new developments or events, but rather indicates the company's ongoing investor relations activities.

Insider Trading Filed: 2026-02-06

Key Insights

Insider James S. Johnson sold 4,712 shares of Bridgewater Bancshares Inc (BWBBP) at an average price of $19.71 per share.
Johnson also holds a significant indirect beneficial ownership in BWBBP through two trusts, totaling 136,417 shares.
The insider selling, although relatively small, could signal potential near-term concerns or reduced confidence in the company's outlook.

Insider Trading Filed: 2026-02-06