Form 4: Bridgewater Bancshares EVP Sells Shares Under 10b5-1 Plan

Mary Jayne Crocker, EVP & Chief Strategy Officer of Bridgewater Bancshares Inc, sold 277 shares of common stock at $17 per share.

Summary

• Mary Jayne Crocker, EVP & Chief Strategy Officer and Director of Bridgewater Bancshares Inc (BWB), reported an insider transaction.
• On November 5, 2025, Crocker disposed of 277 shares of BWB common stock.
• The shares were sold at a price of $17 per share.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating it was pre-scheduled.
• Following this transaction, Crocker directly beneficially owns 212,062 shares of BWB common stock.

Sentiment

Score: 5

Explanation: The sale of a small number of shares by an insider, executed under a Rule 10b5-1 plan, is generally considered a neutral event as it is pre-scheduled and not a reaction to new company developments.

Positives

• The transaction was executed under a Rule 10b5-1 plan, suggesting it was pre-scheduled and not a discretionary sale based on new negative information.

Negatives

• The sale of shares by an insider, even if pre-planned, reduces insider ownership, which can sometimes be perceived as a minor negative signal, though the amount is small relative to total holdings.

Future Outlook

No forward-looking statements or guidance are provided in this insider transaction report.

Industry Context

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

Related Party Transactions

• Mary Jayne Crocker, EVP & Chief Strategy Officer and Director, sold 277 shares of Bridgewater Bancshares Inc common stock at $17 per share.

Stakeholder Impact

• Shareholders: The transaction represents a minor reduction in insider ownership, but the small volume of shares sold is unlikely to significantly impact investor sentiment or the company's stock price.

Key Dates

Recommendation

The reported insider sale is a routine transaction under a Rule 10b5-1 plan, involving a very small percentage of the insider's total holdings. It does not provide new material information that would significantly alter the investment thesis for Bridgewater Bancshares Inc, thus a 'hold' recommendation is maintained.

Keywords

Bridgewater Bancshares, BWB, Insider Trading, Form 4, Stock Sale, Mary Jayne Crocker, EVP, Chief Strategy Officer, Common Stock, 10b5-1 Plan