Form 4: Bridgewater Bancshares Director Thomas Trutna Increases Stake Through Stock Grant

Bridgewater Bancshares Inc. Director Thomas P. Trutna acquired 617 shares of common stock on June 30, 2025, increasing his direct beneficial ownership to 100,648 shares.

Summary

• Thomas P. Trutna, a Director of Bridgewater Bancshares Inc. (BWB), acquired 617 shares of common stock.
• The transaction occurred on June 30, 2025.
• The acquisition price was $0 per share, indicating a grant or award rather than a cash purchase.
• Following this transaction, Mr. Trutna directly beneficially owns 100,648 shares of Bridgewater Bancshares Inc. common stock.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, especially at a $0 price indicating a grant, is generally viewed positively as it aligns management's interests with shareholders. While the number of shares is relatively small, it increases insider ownership.

Positives

• Director Thomas P. Trutna increased his direct beneficial ownership in Bridgewater Bancshares Inc. by 617 shares.
• The acquisition of shares at a $0 price suggests a stock grant, which is often a form of compensation or incentive aligning management interests with shareholders.

Future Outlook

This Form 4 filing does not provide any forward-looking statements or guidance.

Industry Context

This Form 4 filing reports a specific insider transaction and does not provide broader industry context or trends.

Related Party Transactions

• The acquisition of 617 shares by Director Thomas P. Trutna at a $0 price constitutes a related party transaction, likely a stock grant as part of compensation.

Stakeholder Impact

• Shareholders: Increased alignment of Director Thomas P. Trutna's interests with shareholders due to his increased direct beneficial ownership.

Key Dates

Keywords

Bridgewater Bancshares, BWB, Thomas P. Trutna, Director, Insider Transaction, Stock Acquisition, Common Stock, SEC Form 4, Beneficial Ownership, Stock Grant