Form 4: Bridgewater Bancshares Director Acquires Shares in Year-End Transaction

Bridgewater Bancshares director James S. Johnson acquired 1,482 shares of common stock on December 31, 2024, while also reporting indirect ownership through trusts and a spousal IRA.

Summary

• James S. Johnson, a director at Bridgewater Bancshares, acquired 1,482 shares of common stock on December 31, 2024.
• The shares were acquired at a price of $0, which suggests they may have been granted as part of a compensation package.
• Following the transaction, Mr. Johnson directly owns 95,128 shares of common stock.
• Mr. Johnson also has indirect ownership of 59,250 shares through the James S. Johnson Trust, 76,750 shares through the Jolynn Johnson Trust, and 10,417 shares through his spouse's IRA.
• The trusts are dated May 28, 2015, and Mr. Johnson serves as co-trustee, possessing shared voting and investment power.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction by a company director, which is generally viewed positively as it indicates confidence in the company. The acquisition at $0 suggests a compensation or grant, which is not unusual. Overall, the sentiment is neutral to slightly positive.

Positives

• The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future prospects.
• The increase in direct holdings shows a greater alignment of interest between the director and shareholders.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting changes in their beneficial ownership of company stock. It is a routine part of corporate governance and transparency.

Comparison to Industry Standards

• Form 4 filings are a standard practice for all publicly traded companies in the United States.
• The level of detail provided in this filing is consistent with SEC requirements.
• The reporting of both direct and indirect ownership through trusts and IRAs is typical for corporate insiders.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment, as it indicates a director's increased stake in the company.

Key Dates

Keywords

Bridgewater Bancshares, James S. Johnson, director, stock acquisition, beneficial ownership, trust, insider trading, Form 4