Form 4: Bridgewater Bancshares Director Thomas P. Trutna Reports Change in Beneficial Ownership

Director Thomas P. Trutna reports a change in beneficial ownership of Bridgewater Bancshares Inc. stock due to a transfer of shares to an ex-spouse pursuant to a domestic relations order.

Summary

• On March 29, 2024, Thomas P. Trutna, a director of Bridgewater Bancshares Inc., reported a change in his beneficial ownership of the company's common stock.
• He acquired 871 shares at $0.
• Following the transaction, Trutna directly owns 106,165 shares of Bridgewater Bancshares Inc.
• He transferred 3,804 shares of BWB common stock to his ex-spouse pursuant to a domestic relations order.
• The reporting person no longer reports as beneficially owned any securities owned by his ex-spouse.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing regarding a change in stock ownership due to a divorce settlement. It doesn't inherently convey positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence in publicly traded companies.

Stakeholder Impact

• The transfer of shares may have a minor impact on the overall shareholder structure, but is unlikely to significantly affect the company's operations or financial performance.

Key Dates