Form 4: Bridgewater Bancshares Officer Reports Stock Transactions
Insider Trading Report
Bridgewater Bancshares Chief Credit Officer Katie Lynn Morrell reported the acquisition of 3,125 shares and disposition of 201 shares of common stock on December 4, 2025.
Summary
- Katie Lynn Morrell, Chief Credit Officer of Bridgewater Bancshares Inc (BWB), reported changes in her beneficial ownership of common stock.
- On December 4, 2025, Morrell disposed of 201 shares of common stock at a price of $18.03 per share.
- On the same date, she acquired 3,125 shares of common stock at a price of $0, indicating a grant or vesting of restricted stock units or options.
- Following these transactions, Morrell's direct beneficial ownership of common stock stands at 13,365 shares.
- The transactions were made pursuant to a Rule 10b5-1(c) plan.
Sentiment
Score: 5
Explanation: This is a routine disclosure of insider stock transactions, primarily related to equity compensation vesting and associated tax withholding, and does not inherently indicate a positive or negative sentiment about the company's performance or future prospects.
Positives
- Acquisition of 3,125 shares of common stock at $0, likely indicating vesting of equity awards, which aligns management's interests with shareholders.
- The transactions were conducted under a Rule 10b5-1(c) plan, demonstrating pre-planned and compliant insider trading.
Negatives
- Disposition of 201 shares of common stock at $18.03, though this is often for tax withholding purposes related to equity vesting.
Future Outlook
NA
Industry Context
NA
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Insider Trading Plan | The reported transactions were made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading plan designed to comply with insider trading laws. | 12/04/2025 | Enhances transparency and reduces the perception of opportunistic insider trading by establishing a pre-determined schedule for stock transactions. |
Stakeholder Impact
- Shareholders: Minor impact. The acquisition of shares by an officer, even if through vesting, generally aligns management's interests with shareholders. The disposition is likely for tax purposes and not a significant sale.
- Employees: The vesting of equity awards is a common form of employee compensation.
Key Dates
| Date | Description |
|---|---|
| 12/04/2025 | Date of earliest transaction for both acquisition and disposition of common stock. |
| 12/05/2025 | Date the Form 4 was signed by the attorney-in-fact. |
Keywords
Bridgewater Bancshares, BWB, Katie Lynn Morrell, Chief Credit Officer, Insider Trading, Form 4, Stock Transaction, Beneficial Ownership, Rule 10b5-1
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