Form 4: Director Urness Acquires Bridgewater Bancshares Stock
Statement of Changes in Beneficial Ownership
Director Todd B. Urness acquired 959 shares of common stock in Bridgewater Bancshares Inc. through a trust.
Summary
- Director Todd B. Urness acquired 959 shares of Bridgewater Bancshares Inc. common stock on June 30, 2026.
- The acquisition was made at a price of $0 per share.
- Following this transaction, Mr. Urness beneficially owns 310,218 shares of common stock.
- These shares are held indirectly through the Todd B. Urness Revocable Trust, established on May 21, 2024.
- Mr. Urness retains sole voting and investment power over the shares held in the trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine transaction by a director and does not contain new financial performance data or strategic announcements.
Positives
- Director acquisition of shares can signal confidence in the company's future prospects.
- The acquisition of 959 shares by a director indicates continued investment in the company.
Future Outlook
No specific future outlook or guidance is provided in this filing.
Industry Context
StockSavvy.ai notes that Form 4 filings, such as this one from Bridgewater Bancshares Inc., are standard disclosures for insider transactions. These filings provide transparency into the holdings and transactions of company directors and officers, which can be a signal to the market.
Stakeholder Impact
- Shareholders: The acquisition by a director may be viewed positively as a sign of confidence, but the transaction size is small relative to the total shares outstanding.
Key Dates
| Date | Description |
|---|---|
| 05/21/2024 | Establishment date of the Todd B. Urness Revocable Trust. |
| 06/30/2026 | Date of the transaction where Director Urness acquired common stock. |
| 07/01/2026 | Date of the signature on the filing. |
Keywords
Bridgewater Bancshares, BWB, Form 4, Insider Trading, SEC Filing, Director, Stock Acquisition, Trust
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