Form 4: Bridgewater Bancshares Director Sells Shares in Recent Transaction

Bridgewater Bancshares director James S. Johnson sold 684 shares of common stock at $15 per share on November 18, 2024.

Summary

• James S. Johnson, a director at Bridgewater Bancshares, sold 684 shares of common stock on November 18, 2024, at a price of $15 per share.
• Following the transaction, Mr. Johnson directly owns 98,351 shares of common stock.
• He also indirectly owns 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.
• Mr. Johnson has shared voting and investment power over the shares held in the two trusts.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of a stock sale by a director. It doesn't indicate positive or negative sentiment about the company's performance.

Industry Context

This is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
• The sale of shares by a director is a common occurrence and does not necessarily indicate a negative outlook for the company.

Stakeholder Impact

• The stock sale by a director may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect on the company's operations or other stakeholders.

Key Dates

Keywords

Bridgewater Bancshares, insider trading, stock sale, Form 4, director, James S. Johnson, BWB