Form 4: Bridgewater Bancshares EVP Plans Depositary Share Buy

Bridgewater Bancshares' EVP and Chief Strategy Officer, Mary Jayne Crocker, reported an upcoming acquisition of 100 depositary shares.

Summary

• Mary Jayne Crocker, EVP & Chief Strategy Officer of Bridgewater Bancshares Inc. (BWB), reported an intended purchase of securities.
• The transaction, scheduled for August 13, 2025, involves the acquisition of 100 depositary shares.
• Each depositary share represents a 1/100th interest in a share of the Issuer's 5.875% Non-Cumulative Perpetual Preferred Stock, Series A.
• The intended purchase price is $19.9999 per depositary share.
• Following this scheduled transaction, the beneficial ownership of depositary shares held indirectly by Ms. Crocker (through her spouse's IRA) is reported to be 5,395 shares.

Sentiment

Score: 7

Explanation: The reported intent of a key executive to purchase company securities is generally viewed as a positive signal, indicating confidence in the company's future prospects and valuation.

Positives

• An executive officer, Mary Jayne Crocker, has reported an upcoming purchase of additional securities in the company, signaling future confidence in its prospects.
• The intended purchase is at a price of $19.9999 per depositary share, indicating a specific valuation at which the insider intends to acquire shares.

Negatives

• No explicit negative information was disclosed in this Form 4 filing.

Risks

• This Form 4 filing primarily reports an insider transaction and does not detail specific company risks.

Future Outlook

This Form 4 filing reports an insider's intended transaction and does not contain broader forward-looking statements or guidance regarding the company's future performance.

Management Comments

• No direct management comments or quotes were provided in this Form 4 filing.

Industry Context

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

Comparison to Industry Standards

• This Form 4 filing reports an individual insider transaction and does not provide data for comparison to industry standards or benchmarks.

Management Changes

Corporate Governance

Legal Proceedings

• No legal proceedings or regulatory matters were disclosed in this Form 4 filing.

Related Party Transactions

• The filing details a transaction where an executive officer, Mary Jayne Crocker, intends to acquire securities of the issuer, which is considered a related party transaction.

Stakeholder Impact

• Shareholders may view the reported insider's intent to purchase as a positive signal, indicating management's confidence in the company's prospects.

Next Steps

• This Form 4 filing reports a scheduled transaction and does not outline specific future actions or milestones beyond the intended purchase.

Key Dates

Keywords

Bridgewater Bancshares, BWB, insider transaction, Form 4, depositary shares, preferred stock, executive purchase, Mary Jayne Crocker