Bridgewater officer exercises options, sells shares
Bridgewater Bancshares Inc Chief Banking Officer Nicholas L. Place reported option exercises and a share sale.
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Form Type
4
Rhea-AI Filing Summary
Bridgewater Bancshares Inc Chief Banking Officer Nicholas L. Place reported option exercises and a share sale. He exercised options to acquire 12,500 shares of Common Stock at an exercise price of $7.47 per share and sold 4,688 shares of Common Stock in an open-market transaction at $19.275 per share.
After these transactions, he directly owns 152,122 Common shares and indirectly holds 7,500 shares through a spouse IRA. He also retains stock options to buy 50,000 shares at an exercise price of $17.50 per share expiring on February 1, 2032, and options to buy 21,000 shares at $12.92 per share expiring on December 6, 2029.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
6 txns
Insider
Place Nicholas L.
Role
CHIEF BANKING OFFICER
Sold
4,688 shs ($90K)
Approx. gross sale proceeds
$90K
Approx. exercise cost
$93K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | option to buy | 12,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 12,500 | $7.47 | $93K |
| Sale | Common Stock | 4,688 | $19.275 | $90K |
| holding | option to buy | -- | -- | -- |
| holding | option to buy | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
option to buy — 198,500 contracts for 71,000 underlying shares (Direct);
Common Stock — 152,122 shares (Direct);
Common Stock — 7,500 shares (Indirect, By Spouse IRA)
Footnotes (4)
- F1. Options to buy granted under the 2017 Combined Incentive and Non-Statutory Stock Option Plan.
- F2. Options exercisable in 20% increments on the first five anniversaries of the date of the grant which was 10/1/2017.
- F3. Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 12/6/2019.
- F4. Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 2/1/2022.
Key Figures
Options exercised: 12,500 shares
Exercise price: $7.47/share
Shares sold: 4,688 shares
+5 more
8 metrics
Options exercised
12,500 shares
Common Stock acquired via option exercise at $7.47 per share
Exercise price
$7.47/share
Price for exercised options on Common Stock
Shares sold
4,688 shares
Common Stock sold in open-market transaction
Sale price
$19.275/share
Price received for Common Stock sale
Direct holdings after transactions
152,122 shares
Common Stock directly owned following reported activity
Indirect holdings
7,500 shares
Common Stock held through spouse IRA
Remaining options at $17.50
50,000 underlying shares
Options to buy Common Stock expiring February 1, 2032
Remaining options at $12.92
21,000 underlying shares
Options to buy Common Stock expiring December 6, 2029
Key Terms
Combined Incentive and Non-Statutory Stock Option Plan, open-market sale, option to buy, exercise price, +1 more
5 terms
Combined Incentive and Non-Statutory Stock Option Plan financial
"Options to buy granted under the 2017 Combined Incentive and Non-Statutory Stock Option Plan."
open-market sale financial
"Sale in open market or private transaction for 4,688 Common shares."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
option to buy financial
"Derivative positions listed as 'option to buy' underlying Common Stock."
exercise price financial
"Derivative summary shows an exercise price of 17.5000 and 12.9200."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"Options carry an expiration date of 2032-02-01 and 2029-12-06."
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did BWB executive Nicholas Place report?
Nicholas L. Place reported exercising options to acquire 12,500 Bridgewater Bancshares (BWB) Common shares and selling 4,688 shares in an open-market transaction. The exercise price was $7.47 per share, and the sale price was $19.275 per share.
What stock options does Nicholas Place still hold in BWB?
Nicholas L. Place retains options to buy 50,000 Bridgewater Bancshares (BWB) shares at $17.50 per share expiring February 1, 2032, and options to buy 21,000 shares at $12.92 per share expiring December 6, 2029, according to the filing’s derivative summary.
How many options did Nicholas Place exercise in the latest BWB filing?
He exercised options covering 12,500 Bridgewater Bancshares (BWB) shares at an exercise price of $7.47 per share. This exercise converted derivative holdings into Common Stock, increasing his direct share ownership before the same-period sale transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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