Form 4: Bridgewater Bancshares EVP Exercises Stock Options
Insider Transaction Report
Mary Jayne Crocker, EVP & Chief Strategy Officer of Bridgewater Bancshares, acquired 20,000 shares of common stock through option exercise at $7.47 per share.
Summary
- Mary Jayne Crocker, Executive Vice President and Chief Strategy Officer of Bridgewater Bancshares Inc. (BWB), exercised options to acquire 20,000 shares of common stock.
- The transaction occurred on September 10, 2025, with an exercise price of $7.47 per share.
- Following this exercise, Ms. Crocker directly beneficially owns 212,339 shares of Bridgewater Bancshares common stock.
- The exercised options were granted under the company's 2017 Combined Incentive and Non-Statutory Stock Option Plan.
- Ms. Crocker retains additional unexercised options, including 110,000 options at a strike price of $7.47, 27,000 options at $12.92, and 20,000 options at $17.50.
Sentiment
Score: 7
Explanation: The exercise of stock options by a high-level executive, particularly at a favorable strike price, and the subsequent increase in direct beneficial ownership, generally signals confidence in the company's future performance and valuation. This is a moderately positive indicator for investors.
Positives
- Increased insider ownership by a key executive, which often signals confidence in the company's future prospects and valuation.
- The exercise price of $7.47 is significantly lower than other outstanding options, indicating a favorable valuation for the executive at the time of grant or exercise.
Risks
- This filing does not explicitly detail company-specific or market risks; it is a report of an insider transaction.
Future Outlook
This Form 4 filing is a report of a past transaction and does not contain forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This filing is a standard insider transaction report and does not provide specific industry context or analysis of broader industry trends.
Stakeholder Impact
- Shareholders may view the increased insider ownership as a positive signal of management's belief in the company's value.
- Employees holding similar stock options may see this as an indicator of the potential value of their own equity incentives.
Key Dates
| Date | Description |
|---|---|
| 10/01/2017 | Grant date for options exercisable at $7.47, under the 2017 Combined Incentive and Non-Statutory Stock Option Plan. |
| 12/06/2019 | Grant date for options exercisable at $12.92. |
| 02/01/2022 | Grant date for options exercisable at $17.50. |
| 09/10/2025 | Date of option exercise transaction by Mary Jayne Crocker. |
| 09/12/2025 | Date the Form 4 was signed. |
| 09/30/2027 | Expiration date for options exercisable at $7.47. |
| 12/06/2029 | Expiration date for options exercisable at $12.92. |
| 02/01/2032 | Expiration date for options exercisable at $17.50. |
Keywords
Bridgewater Bancshares, BWB, Insider Transaction, Stock Options, Executive Compensation, Form 4, Mary Jayne Crocker, Common Stock
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