Form 4: Bridgewater Bancshares EVP Crocker Reports Depositary Share Acquisition

Mary Jayne Crocker, EVP & Chief Strategy Officer of Bridgewater Bancshares, reports the acquisition of depositary shares through a spouse's IRA.

Summary

• Mary Jayne Crocker, EVP & Chief Strategy Officer at Bridgewater Bancshares Inc. (BWB), filed a Form 4.
• The form reports a transaction on April 30, 2025, where 190 depositary shares were acquired at a price of $18.75 per share.
• These shares are held indirectly through a spouse's IRA, bringing the total shares beneficially owned following the transaction to 5,295.
• Each depositary share represents a 1/100th interest in a share of the Issuer's 5.875% Non-Cumulative Perpetual Preferred Stock, Series A, $0.01 par value per share.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of an insider transaction. The acquisition of shares by an executive is generally viewed as a positive sign, but it's a small transaction.

Positives

• The acquisition of shares by an executive could be seen as a positive signal, indicating confidence in the company's future.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders. It provides transparency regarding the trading activities of company executives.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a company executive.

Key Dates

Keywords

Form 4, Bridgewater Bancshares, Depositary Shares, Insider Trading, Acquisition, BWB, IRA