Bridgewater Bancshares (BWB) CEO Baack sells 27,234 common shares
Rhea-AI Filing Summary
Bridgewater Bancshares Inc CEO Jerry J. Baack reported two open-market sales of common stock totaling 27,234 shares. On July 27, 2026, he sold 15,900 shares at a weighted average price of $20.8041, with trade prices from $20.80 to $20.85. On July 29, 2026, he sold 11,334 shares at a weighted average of $20.9087, with prices from $20.81 to $21.015. The report also shows 1,000 shares of common stock held indirectly by a dependent child.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 27,234 shares
Net Sell
5 txns
Insider
Baack Jerry J.
Role
CEO
Sold
27,234 shs ($568K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 11,334 | $20.9087 | $237K |
| Sale | Common Stock F1 | 15,900 | $20.8041 | $331K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,158,769 shares (Direct);
Common Stock — 1,000 shares (Indirect, By dependent child);
Common Stock — 2,000 shares (Indirect, As custodian for child)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.80 to $20.85, inclusive. The reporting person undertakes to provide to Bridgewater Bancshares, Inc., any security holder of Bridgewater Bancshares, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price set forth in this footnote to this Form 4.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.81 to $21.015, inclusive. The reporting person undertakes to provide to Bridgewater Bancshares, Inc., any security holder of Bridgewater Bancshares, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price set forth in this footnote to this Form 4.
Key Figures
Shares sold July 27, 2026: 15,900 shares
Shares sold July 29, 2026: 11,334 shares
Total shares sold: 27,234 shares
+3 more
6 metrics
Shares sold July 27, 2026
15,900 shares
Open-market sale of common stock at weighted average price $20.8041
Shares sold July 29, 2026
11,334 shares
Open-market sale of common stock at weighted average price $20.9087
Total shares sold
27,234 shares
Aggregate shares sold across the two reported transactions
Price range July 27 sale
$20.80–$20.85
Multiple trades; reported price is a weighted average within this range
Price range July 29 sale
$20.81–$21.015
Multiple trades; reported price is a weighted average within this range
Indirect holdings by dependent child
1,000 shares
Common stock held indirectly by dependent child as of July 27, 2026
Key Terms
weighted average price, open market or private transaction, By dependent child, As custodian for child
4 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"Transaction code description: Sale in open market or private transaction"
By dependent child financial
"Nature of ownership described as "By dependent child" for indirect holding"
As custodian for child financial
"Nature of ownership noted as "As custodian for child" for certain holdings"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Were Jerry Baack’s BWB stock sales made under a Rule 10b5-1 trading plan?
The Rule 10b5-1 trading plan checkbox is not marked, and the footnotes do not mention any trading plan. The Form 4 therefore does not identify these Bridgewater Bancshares sales as executed under a pre-arranged Rule 10b5-1 trading arrangement.
What type of transactions do Jerry Baack’s BWB Form 4 sales represent?
Both reported transactions are coded as “S”, described as a sale in open market or private transaction. The accompanying footnotes clarify that each reported price is a weighted average for multiple trades executed within specified intraday price ranges.