Insider at Company (BWB) plans 9,838-share Rule 144 stock sale

Rhea-AI Filing Summary

A shareholder of BWB has filed a Rule 144 notice to sell 9,838 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of 185,840.80. The shares are listed on NASDAQ, with 27,584,732 common shares outstanding and an approximate sale date of 02/06/2026.

The seller acquired these shares through multiple restricted stock awards from the issuer between 02/02/2024 and 02/03/2026. The form also shows that Jeff Shellberg sold 21,936 common shares for gross proceeds of 389,989.77 on 12/09/2025. By signing, the seller represents they are not aware of undisclosed material adverse information about the issuer.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	9838	185840.80	27584732	02/06/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/02/2024	Restricted Stock	Issuer			1730	02/02/2024	Not Applicable
Common	02/02/2026	Restricted Stock	Issuer			1924	02/02/2026	Not Applicable
Common	02/02/2026	Restricted Stock	Issuer			1449	02/02/2026	Not Applicable
Common	02/02/2025	Restricted Stock	Issuer			1936	02/02/2025	Not Applicable
Common	02/03/2026	Restricted Stock	Issuer			1341	02/03/2026	Not Applicable
Common	02/02/2025	Restricted Stock	Issuer			1458	02/02/2025	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
JEFF SHELLBERG 4450 Excelsior Boulevard, Suite 100 St. Louis Park MN 55416	Common	12/09/2025	21936	389989.77

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the BWB Rule 144 notice disclose about planned share sales?

The notice discloses an intended sale of 9,838 BWB common shares with an aggregate market value of 185,840.80. These shares are to be sold on NASDAQ through Morgan Stanley Smith Barney LLC around 02/06/2026.

How many BWB shares are outstanding according to this Rule 144 filing?

The filing states that 27,584,732 BWB common shares are outstanding. This figure helps place the planned sale of 9,838 shares in context, showing the sale is small relative to the total shares currently in the market.

How were the BWB shares in this Rule 144 notice originally acquired?

The shares were acquired as restricted stock directly from the issuer on several dates between 02/02/2024 and 02/03/2026. Each grant lists a specific amount of common stock and indicates cash payment terms were not applicable.

What prior BWB share sales by the same person are reported in this filing?

The document reports that Jeff Shellberg sold 21,936 BWB common shares on 12/09/2025 for gross proceeds of 389,989.77. This covers all securities of the issuer sold by that person in the past three months.

Which broker will handle the BWB Rule 144 share sale and on which exchange?

The filing identifies Morgan Stanley Smith Barney LLC Executive Financial Services as the broker for the sale of 9,838 BWB common shares. The shares are to be sold on the NASDAQ stock exchange, according to the disclosure.

What representation does the seller make about BWB’s non-public information in this notice?

By signing, the seller represents they do not know any material adverse information about BWB’s current or prospective operations that has not been publicly disclosed. This representation is part of the standard Rule 144 notice language.