[Form 4] Bridgewater Bancshares Inc Insider Trading Activity

Rhea-AI Filing Summary

Bridgewater Bancshares Inc. director Lawal Mohammed purchased 1,164 shares of common stock on 09/30/2025 at no stated price, increasing his beneficial ownership to 33,280 shares. The Form 4 was signed on 10/01/2025 by an attorney-in-fact. No derivative transactions or additional details were reported.

Positive

• Director reported an acquisition: 1,164 shares acquired on 09/30/2025
• Post-transaction ownership disclosed: beneficial ownership reported as 33,280 shares

Negative

• None.

Insights

Financial Analyst

TL;DR: A director reported a small open-market acquisition, raising direct holdings to 33,280 shares.

The filing shows a non-derivative acquisition of 1,164 shares on 09/30/2025 by director Lawal Mohammed, with reported ownership of 33,280 shares after the trade. The report lists no exercise prices or derivative activity. For investors, this is a straightforward insider buy disclosure without accompanying financial context or material corporate events.

Corporate Governance Expert

TL;DR: Governance filing documents a routine insider purchase with a certified signature by attorney-in-fact.

The Form 4 identifies the reporting person as a director and indicates the form was executed by /s/ Ben Klocke, Attorney-in-Fact on 10/01/2025. The document contains the required particulars for a Section 16 filing: reporting person name, address, issuer (BWB), transaction date, transaction code, and post-transaction holdings. No amendments or additional relationships were disclosed.

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).

1. Name and Address of Reporting Person^*

Lawal Mohammed

(Last) (First) (Middle)

C/O BRIDGEWATER BANCSHARES, INC.

4450 EXCELSIOR BLVD., SUITE 100

(Street)

ST. LOUIS PARK MN 55416

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/30/2025		A		1,164	A	$0	33,280	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Ben Klocke, Attorney-in-Fact	10/01/2025
	** 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.

FAQ

What insider transaction did BWB report on 09/30/2025?

The Form 4 reports that director Lawal Mohammed acquired 1,164 shares of Bridgewater Bancshares Inc. common stock on 09/30/2025.

How many BWB shares does Lawal Mohammed own after the reported purchase?

Following the reported transaction, Lawal Mohammed is shown as beneficially owning 33,280 shares.

Was any derivative or option activity reported in this Form 4 for BWB?

No. Table II for derivative securities contains no entries; only a non-derivative common stock acquisition is reported.

Who signed the Form 4 for the reporting person?

The Form 4 was signed by /s/ Ben Klocke, Attorney-in-Fact on 10/01/2025.

Does the filing disclose the purchase price for the 1,164 shares?

The transaction lists a price of $0 in the report; no additional pricing details are provided in the filing.