Bridgewater (BWB) director Douglas Parish receives 479-share stock award, updates trust holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bridgewater Bancshares Inc director Douglas J. Parish reported an acquisition of common stock through a grant or award. He received 479 shares of common stock at no cash cost, increasing his directly held position to 5,894 shares.
In addition to his direct holdings, 8,107 shares of common stock are held indirectly in the Douglas J Parish Revocable Trust, where he serves as co-trustee with shared voting and investment power. The filing does not show any open-market buying or selling, only this compensation-related award and updated holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Parish Douglas J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 479 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,894 shares (Direct, null);
Common Stock — 8,107 shares (Indirect, By Trust)
Footnotes (1)
- [object Object]
Key Figures
Stock grant: 479 shares
Direct holdings after grant: 5,894 shares
Indirect trust holdings: 8,107 shares
3 metrics
Stock grant
479 shares
Common Stock award at $0.0000 per share
Direct holdings after grant
5,894 shares
Common Stock held directly by Douglas J. Parish
Indirect trust holdings
8,107 shares
Common Stock held via Douglas J Parish Revocable Trust
Key Terms
Grant, award, or other acquisition, Revocable Trust, co-trustee, shared voting and investment power
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Revocable Trust financial
"Douglas J Parish Revocable Trust, dated May 27, 2022"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
co-trustee financial
"Shares of common stock are held by Mr. Parish as co-trustee"