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Bridgewater Bancshares (BWB) Director Reports 582-Share Purchase

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Bridgewater Bancshares Inc (BWB) director Thomas P. Trutna reported a non-derivative acquisition of company stock on 09/30/2025. The Form 4 shows an acquisition of 582 shares with a reported price of $0, resulting in 95,078 shares beneficially owned directly after the transaction. The filing was executed by an attorney-in-fact, Ben Klocke, and dated 10/01/2025.

This disclosure identifies the reporting person as a director and indicates the Form 4 was filed by one reporting person. No derivative transactions or additional explanatory detail are included in the form.

Positive

  • Reported acquisition of 582 common shares on 09/30/2025 documented
  • Direct beneficial ownership stated as 95,078 shares following the transaction

Negative

  • None.

Insights

TL;DR: Director Thomas P. Trutna reported a small, direct acquisition of 582 common shares, increasing direct ownership to 95,078 shares.

The Form 4 documents a single non-derivative acquisition dated 09/30/2025 with a reported price of $0 and a post-transaction direct beneficial ownership of 95,078 shares. The filing is presented as an individual report and contains no derivatives or additional transaction details. Based solely on the document, this appears to be a routine insider disclosure without further context on consideration or the transaction's purpose.

TL;DR: The disclosure shows compliance with Section 16 reporting: a director reported an acquisition and the Form 4 was timely executed by an attorney-in-fact.

The form identifies the reporting person as a director and indicates the filing was made by one reporting person. Signature by an attorney-in-fact is included with the date 10/01/2025. The document contains no statements about relationship changes, grants, or other governance actions. All information is limited to the reported share acquisition and resulting direct ownership figure.

Insider Trutna Thomas P.
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 582 $0.00 --
Holdings After Transaction: Common Stock — 95,078 shares (Direct)
Footnotes (1)
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*
Trutna Thomas P.

(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 582 A $0 95,078 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 transaction did Thomas P. Trutna report on Form 4 for BWB?

The Form 4 reports a non-derivative acquisition of 582 common shares dated 09/30/2025.

How many BWB shares does Thomas P. Trutna beneficially own after the reported transaction?

The filing reports 95,078 shares beneficially owned directly after the transaction.

What price was reported for the acquired BWB shares?

The Form 4 lists a reported price of $0 for the 582 acquired shares.

Who signed the Form 4 and when was it executed?

The form was signed by /s/ Ben Klocke, Attorney-in-Fact with a signature date of 10/01/2025.

What is the reporting person's relationship to Bridgewater Bancshares Inc?

The reporting person, Thomas P. Trutna, is identified as a Director of the issuer.