Form 4: Bridgewater Bancshares CFO Exercises Stock Options, Reports Beneficial Ownership Changes
SEC Form 4 Filing
Joseph M. Chybowski, President & CFO of Bridgewater Bancshares, reports exercising stock options and changes in beneficial ownership of company stock.
Summary
- On April 15, 2025, Joseph M. Chybowski, the President & CFO of Bridgewater Bancshares Inc., executed transactions involving the company's stock.
- Chybowski exercised options to purchase 2,500 shares of common stock at a price of $7.47 per share.
- Following the reported transactions, Chybowski directly owns 112,072 shares of Bridgewater Bancshares Inc. common stock.
- Additionally, Chybowski indirectly owns 1,000 shares through a spousal IRA.
Sentiment
Score: 6
Explanation: Neutral sentiment. This is a standard regulatory filing reflecting insider transactions. The exercise of options is generally viewed as a positive, but it's a routine event.
Positives
- The exercise of stock options by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.
Future Outlook
The document does not contain specific forward-looking statements, but the executive's continued holdings suggest a long-term interest in the company's success.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CFO's ongoing investment in the company.
Stakeholder Impact
- The transactions may have a minor positive impact on shareholder confidence due to the executive's continued investment in the company.
Key Dates
| Date | Description |
|---|---|
| 10/01/2017 | Date of grant for options exercisable in 20% increments on the first five anniversaries. |
| 12/06/2019 | Date of grant for options exercisable in 25% increments on the first four anniversaries. |
| 02/01/2022 | Date of grant for options exercisable in 25% increments on the first four anniversaries. |
| 04/15/2025 | Date of transaction: Exercise of stock options and reporting of beneficial ownership. |
| 04/16/2025 | Date of signature for the Form 4 filing. |
| 09/30/2027 | Expiration date for some of the options. |
| 12/06/2029 | Expiration date for some of the options. |
| 02/01/2032 | Expiration date for some of the options. |
Keywords
Bridgewater Bancshares, Chybowski, stock options, beneficial ownership, Form 4, BWB, insider trading
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