Form 4: Bridgewater Bancshares Director Sells Shares in Recent Transaction

Bridgewater Bancshares director James S. Johnson sold 4,705 shares of common stock at $15 per share on November 21, 2024.

Summary

• James S. Johnson, a director at Bridgewater Bancshares, sold 4,705 shares of common stock on November 21, 2024, at a price of $15 per share.
• Following the transaction, Mr. Johnson directly owns 93,646 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 report of a stock sale by a director, with no inherent positive or negative sentiment.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the transactions of company directors.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the United States.
• The transaction is typical for directors who may sell shares for personal financial reasons or portfolio management.
• The filing is consistent with SEC regulations regarding insider trading.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment, but is unlikely to have a significant impact on the company's operations or financial health.

Key Dates

Keywords

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