How many BWB shares are reported in the Spouse IRA related to James S. Johnson?

The filing shows 10,417 shares of Bridgewater Bancshares Inc Common Stock held "By Spouse IRA." These are reported as indirect holdings associated with James S. Johnson, reflecting an additional beneficial interest beyond his direct and trust-related positions.

Bridgewater (NASDAQ: BWB) director Johnson granted 1,146 shares, now holds 96,494 directly

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Johnson James S. reported acquisition or exercise transactions in this Form 4 filing.

Bridgewater Bancshares Inc director James S. Johnson received a grant of 1,146 shares of Common Stock on March 31, 2026 as a compensation-related award at no stated price. Following this grant, he directly holds 96,494 shares of Common Stock.

In addition to his direct position, Johnson reports indirect holdings through various accounts. These include 59,250 shares held "By Trust" with Johnson as co-trustee of the James S. Johnson Trust, 76,750 shares held "By Trust" under the Jolynn Johnson Trust, and 10,417 shares held "By Spouse IRA," all as of the same date.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Johnson James S.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,146	$0.00	--
holding	Common Stok	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 96,494 shares (Direct); Common Stok — 59,250 shares (Indirect, By Trust); Common Stock — 76,750 shares (Indirect, By Trust)

Footnotes (1)

Shares of common stock are held by Mr. Johnson as co-trustee of the James S. Johnson Trust, dated May 28, 2015. Mr. Johnson possesses shared voting and investment power with respect to the shares of common stock held under the James S. Johnson Trust dated May 28, 2015. Shares of common stock are held by Mr. Johnson as co-trustee of the Jolynn Johnson Trust dated May 28, 2015. Mr. Johnson possesses shared voting and investment power with respect to the shares of common stock held under the Jolynn Johnson Trust dated May 28, 2015.

Key Figures

Stock grant: 1,146 shares Grant price: $0.0000 per share Direct holdings after grant: 96,494 shares +3 more

6 metrics

Stock grant 1,146 shares Common Stock award on March 31, 2026

Grant price $0.0000 per share Reported transaction price for award

Direct holdings after grant 96,494 shares Common Stock directly owned after March 31, 2026 transaction

James S. Johnson Trust holdings 59,250 shares Held by James S. Johnson Trust with shared voting and investment power

Jolynn Johnson Trust holdings 76,750 shares Held by Jolynn Johnson Trust with shared voting and investment power

Spouse IRA holdings 10,417 shares Indirect holdings reported as By Spouse IRA

Key Terms

Grant, award, or other acquisition, Common Stock, By Trust, By Spouse IRA, +1 more

5 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

By Trust financial

"nature_of_ownership: By Trust"

By Spouse IRA financial

"nature_of_ownership: By Spouse IRA"

shared voting and investment power financial

"Mr. Johnson possesses shared voting and investment power with respect to the shares"

Form 4 Insider Transactions: What Each Field Means →

03/31/2026 - 06:04 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Johnson James S.

(Last)

(First)

(Middle)

C/O BRIDGEWATER BANCSHARES, INC.

4450 EXCELSIOR BLVD., SUITE 100

(Street)

ST. LOUIS PARK

MINNESOTA

55416

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Bridgewater Bancshares Inc [ BWB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/31/2026		A		1,146	A	$0	96,494	D
Common Stok								59,250	I	By Trust⁽¹⁾
Common Stock								76,750	I	By Trust⁽²⁾
Common Stock								10,417	I	By Spouse IRA

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Shares of common stock are held by Mr. Johnson as co-trustee of the James S. Johnson Trust, dated May 28, 2015. Mr. Johnson possesses shared voting and investment power with respect to the shares of common stock held under the James S. Johnson Trust dated May 28, 2015.

2. Shares of common stock are held by Mr. Johnson as co-trustee of the Jolynn Johnson Trust dated May 28, 2015. Mr. Johnson possesses shared voting and investment power with respect to the shares of common stock held under the Jolynn Johnson Trust dated May 28, 2015.

	/s/ Ben Klocke, Attorney-in-Fact	03/31/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did James S. Johnson report in his latest Form 4 for BWB?

Director James S. Johnson reported receiving a grant of 1,146 shares of Bridgewater Bancshares Inc Common Stock. The award was recorded at a price of $0.0000 per share and represents compensation, increasing his directly held stake in the company.

How many Bridgewater Bancshares (BWB) shares does James S. Johnson now hold directly?

After the reported grant, James S. Johnson directly holds 96,494 shares of Bridgewater Bancshares Inc Common Stock. This figure reflects his direct ownership position as of March 31, 2026, following the 1,146-share award transaction disclosed in the Form 4 filing.

What indirect Bridgewater Bancshares (BWB) holdings does James S. Johnson report?

James S. Johnson reports several indirect holdings in BWB. These include shares held by the James S. Johnson Trust, the Jolynn Johnson Trust, and a Spouse IRA, where he has shared or indirect beneficial interests as described in the Form 4 ownership entries and footnotes.

How many BWB shares are held by the James S. Johnson Trust?

The James S. Johnson Trust holds 59,250 shares of Bridgewater Bancshares Inc Common Stock. Johnson is a co-trustee and has shared voting and investment power over these shares, according to the footnote disclosure in the Form 4 filing dated March 31, 2026.

What does the Jolynn Johnson Trust hold in Bridgewater Bancshares (BWB)?

The Jolynn Johnson Trust holds 76,750 shares of Bridgewater Bancshares Inc Common Stock. James S. Johnson serves as co-trustee and shares voting and investment authority over these trust-held shares, as detailed in the Form 4 footnotes provided with the insider filing.