Form 4: Bridgewater Bancshares Director James S. Johnson Reports Share Acquisition

Director James S. Johnson reported acquiring 1,814 shares of Bridgewater Bancshares Inc. common stock on June 28, 2024, while also disclosing indirect ownership through trusts and a spousal IRA.

Summary

• On June 28, 2024, James S. Johnson, a director of Bridgewater Bancshares Inc., reported acquiring 1,814 shares of common stock.
• The acquisition was made at a price of $0.
• Following the transaction, Mr. Johnson directly owns 97,619 shares.
• 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 a spousal IRA.
• Mr. Johnson serves as co-trustee for both the James S. Johnson Trust and the Jolynn Johnson Trust, granting him shared voting and investment power over the shares held within these trusts.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard reporting of share acquisition by a director. It doesn't inherently indicate positive or negative sentiment, but rather provides information.

Positives

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

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholders if it signals confidence from a company insider.

Key Dates