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Bridgewater director plans $87K stock sale

Bridgewater Bancshares Inc (BWB) is the issuer for a planned resale of its common stock under Rule 144 by director Douglas J. Parish, through broker D.A.

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Form Type
144

Rhea-AI Filing Summary

Bridgewater Bancshares Inc (BWB) is the issuer for a planned resale of its common stock under Rule 144 by director Douglas J. Parish, through broker D.A. Davidson & Co. The notice covers 4,000 shares of common stock with an aggregate market value of $87,400, to be sold on NASDAQ, with the shares held in the Douglas J Parish Rev Trust.

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Shares to be sold 4,000 shares Common stock covered by the Rule 144 notice
Aggregate market value $87,400 Value of 4,000 Bridgewater Bancshares common shares to be sold
Planned sale date September 8, 2026 Date associated with the proposed Rule 144 sale
Director Payment shares 06/30/2021 606 shares Common stock received as Director Payment from issuer on June 30, 2021
Open Market Purchase shares 08/16/2018 500 shares Common stock acquired in an open market purchase on August 16, 2018
Director Payment shares 12/31/2020 805 shares Common stock received as Director Payment from issuer on December 31, 2020
Director Payment shares 06/30/2020 1,070 shares Common stock received as Director Payment from issuer on June 30, 2020
Director Payment shares 03/31/2020 1,103 shares Common stock received as Director Payment from issuer on March 31, 2020
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Open Market Purchase financial
"Common | 08/16/2018 | Open Market Purchase | N/A"
An open market purchase is when a company buys its own shares on public stock exchanges the same way any investor would, rather than through a private deal. Investors care because these purchases reduce the number of shares available, can boost earnings per share and share price, signal that management thinks the stock is undervalued, and use company cash that might otherwise go to reinvestment or dividends — like a business quietly buying back its own tickets at the box office.
Director Payment financial
"Common | 06/30/2021 | Director Payment | Issuer"
aggregate market value financial
"Common | D.A. Davidson & Co ... | 4000 | 87400.00"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

What does the Form 144 filing disclose for Bridgewater Bancshares (BWB)?

The filing discloses that director Douglas J. Parish, via the Douglas J Parish Rev Trust, plans to sell 4,000 shares of Bridgewater Bancshares common stock under Rule 144 through D.A. Davidson & Co.

How many Bridgewater Bancshares (BWB) shares are covered and what is their value?

The notice covers 4,000 shares of Bridgewater Bancshares common stock with an aggregate market value of $87,400, based on the figures stated in the Form 144 filing.

Who is selling Bridgewater Bancshares (BWB) shares and through which broker?

Shares are to be sold for the account of Douglas J. Parish, a director of Bridgewater Bancshares. The broker listed for the transaction is D.A. Davidson & Co., with sales expected to occur on NASDAQ.

From what account are the Bridgewater Bancshares (BWB) shares being sold?

The remarks state that the shares are being sold from the Douglas J Parish Rev Trust, indicating that the trust holds the Bridgewater Bancshares common stock covered by this Form 144 notice.

What were some prior acquisition sources of these Bridgewater Bancshares (BWB) shares?

The filing lists acquisitions of Bridgewater Bancshares common stock via Director Payment from the issuer on several dates, and an Open Market Purchase of 500 shares on August 16, 2018 paid in cash.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

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