Form 4: Bridgewater Bancshares Director James S. Johnson Sells Shares

Director James S. Johnson of Bridgewater Bancshares Inc. reports selling shares of common stock on March 6, 2024.

Summary

• On March 6, 2024, James S. Johnson, a director of Bridgewater Bancshares Inc., sold 12,590 shares of common stock at a weighted average price of $11.6219.
• He also sold 10,000 shares at a weighted average price of $11.6558.
• Following these transactions, Johnson directly owns 94,063 shares.
• He also indirectly owns 59,250 shares through a trust, 76,750 shares through another trust, and 10,417 shares through a spouse's IRA.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock sales by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common in publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, potentially leading to a slight decrease in stock price, although the impact is likely minimal given the relatively small volume of shares sold.

Key Dates