Form 4: Bridgewater Bancshares Director Acquires Shares and Reports Beneficial Ownership

Director David B. Juran reports acquisition of Bridgewater Bancshares Inc. shares and details of beneficial ownership through various trusts.

Summary

• On March 29, 2024, David B. Juran, a director of Bridgewater Bancshares Inc., acquired 1,742 shares of common stock at $0.
• Following the transaction, Mr. Juran directly owns 1,338,177 shares.
• Mr. Juran also has indirect beneficial ownership of shares held in various trusts, including a Marital Trust (86,775 shares), a Residuary Trust (10,725 shares), a Revocable Trust (8,532 shares), a Descendant's Separate Trust (16,328 shares), Martial Trust 2 (121,301 shares), and Martial Trust 1 (20,000 shares).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a director's stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The director's acquisition of shares could be interpreted as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the holdings of a director, which is relevant to investors monitoring insider activity.

Stakeholder Impact

• Shareholders may be interested in the director's increased stake in the company.

Key Dates