Form 4: Bridgewater Bancshares Officer Sells Shares for Tax

Bridgewater Bancshares' Chief Experience Officer, Jessica Anne Stejskal, disposed of common stock to cover tax liabilities related to equity awards.

Summary

• Jessica Anne Stejskal, Chief Experience Officer of Bridgewater Bancshares Inc. (BWB), reported transactions involving the company's common stock.
• On December 5, 2025, Stejskal disposed of 352 shares of common stock at a price of $17.84 per share.
• On December 6, 2025, an additional 172 shares of common stock were disposed of at the same price of $17.84 per share.
• These transactions were marked with transaction code "F," indicating shares withheld for tax purposes.
• Following these transactions, Stejskal beneficially owns 15,007 shares of Bridgewater Bancshares common stock.
• The transactions were made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions for tax purposes, which are common and generally do not indicate a change in company fundamentals or management's outlook.

Positives

• The transactions are routine disposals of shares to cover tax liabilities associated with the vesting of equity awards, indicating standard executive compensation practices.

Negatives

• The disposal of shares, while routine for tax purposes, results in a minor reduction in direct insider ownership.

Future Outlook

N/A

Industry Context

N/A

Management Changes

Stakeholder Impact

• Shareholders: A minor reduction in insider ownership, but generally viewed as a routine event for tax purposes, not a signal of lack of confidence.

Key Dates

Recommendation

This Form 4 details routine insider sales for tax purposes, which are common for executives with equity compensation and often pre-scheduled under Rule 10b5-1 plans. Such transactions typically do not reflect a change in the company's fundamentals or the insider's long-term view. Therefore, the filing itself does not provide a basis for a change in investment recommendation, suggesting a "hold" position remains appropriate based solely on this disclosure.

Keywords

Bridgewater Bancshares, BWB, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Equity Compensation, Jessica Anne Stejskal, Chief Experience Officer, Rule 10b5-1