Form 4: Bridgewater Bancshares Officer Reports Stock Transactions
SEC Form 4 Filing
Nicholas L. Place, Chief Banking Officer of Bridgewater Bancshares, reports the acquisition and disposal of company stock.
Summary
- Nicholas L. Place, Chief Banking Officer of Bridgewater Bancshares Inc., filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On February 2, 2025, Place disposed of 1,542 shares of common stock at a price of $14.12.
- On February 3, 2025, Place acquired 7,236 shares of common stock at $0.
- Following these transactions, Place directly owns 123,260 shares of common stock and indirectly owns 7,500 shares through a spouse's IRA.
Sentiment
Score: 5
Explanation: This is a routine filing; the sentiment is neutral as it simply reports transactions.
Industry Context
Form 4 filings are a routine part of compliance for corporate insiders and provide transparency into their trading activities.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as it can provide insights into management's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 02/02/2025 | Disposal of 1,542 shares of common stock. |
| 02/03/2025 | Acquisition of 7,236 shares of common stock. |
| 02/04/2025 | Date of signature by Attorney-in-Fact. |
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