Form 4: Bridgewater Bancshares Executive Shellberg Reports Gift of Common Stock

Jeffrey D. Shellberg, EVP and Chief Credit Officer of Bridgewater Bancshares, reported a gift of 1,500 shares of common stock on May 2, 2024.

Summary

• On May 2, 2024, Jeffrey D. Shellberg, EVP and Chief Credit Officer of Bridgewater Bancshares Inc., reported a transaction involving the company's common stock.
• Shellberg gifted 1,500 shares of common stock.
• Following the transaction, Shellberg directly owns 360,125 shares, indirectly owns 172,000 shares through the Susan K. Shellberg Trust, and indirectly owns 282,390 shares through the Jeffrey D. Shellberg Trust.
• Shellberg serves as co-trustee for both the Jeffrey D. Shellberg Trust and the Susan K. Shellberg Trust, holding shared voting and investment power over the shares held by these trusts.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the holdings and transactions of company executives.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves a gift of shares by an executive.
• The filing provides transparency to shareholders regarding insider transactions.

Key Dates