Bridgewater (BWB) chief banking officer logs February 2026 stock moves

Rhea-AI Filing Summary

Bridgewater Bancshares Chief Banking Officer Nicholas L. Place reported several transactions in the company’s common stock. On February 2, 2026, he disposed of 1,389 shares at $19.63 per share. On February 3, 2026, he disposed of 554 shares at $19.54 per share and acquired 15,022 shares at a reported price of $0 per share. Following these transactions, he directly owned 144,310 shares of common stock and indirectly held 7,500 shares through a spouse IRA.

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

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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^*

Place Nicholas L.

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026

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	02/02/2026		F		1,389	D	$19.63	129,842	D
Common Stock	02/03/2026		F		554	D	$19.54	129,288	D
Common Stock	02/03/2026		A		15,022	A	$0	144,310	D
Common Stock								7,500	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Ben Klocke, Attorney-in-Fact	02/04/2026
	** 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.

FAQ

What insider activity did Nicholas L. Place report for Bridgewater Bancshares (BWB)?

Nicholas L. Place reported multiple common stock transactions in early February 2026, including share disposals and a zero-priced share acquisition. The filing details specific dates, share amounts, prices per share, and his direct and indirect ownership totals after these transactions.

How many Bridgewater Bancshares (BWB) shares did Nicholas L. Place acquire at no cost?

He acquired 15,022 shares of Bridgewater Bancshares common stock at a reported price of $0 per share on February 3, 2026. This zero-priced acquisition increased his direct ownership, as reflected in the total shares beneficially owned after the reported transactions.

What are Nicholas L. Place’s direct share holdings in Bridgewater Bancshares after these Form 4 transactions?

After the reported transactions, Nicholas L. Place directly owned 144,310 shares of Bridgewater Bancshares common stock. This figure reflects the impact of the February 2 and February 3, 2026 share disposals and the zero-priced share acquisition reported in the filing.

What indirect ownership in Bridgewater Bancshares (BWB) does Nicholas L. Place report?

He reports indirect ownership of 7,500 shares of Bridgewater Bancshares common stock held "By Spouse IRA." These 7,500 indirectly owned shares are listed separately from his direct holdings and are categorized as indirectly beneficially owned in the Form 4 data.

What were the per-share prices for the Bridgewater Bancshares stock disposals reported by Nicholas L. Place?

The reported disposals occurred at $19.63 per share for 1,389 shares on February 2, 2026, and $19.54 per share for 554 shares on February 3, 2026. Each transaction’s price per share is explicitly listed in the Form 4 transaction table.

What position does Nicholas L. Place hold at Bridgewater Bancshares (BWB) in this Form 4?

In this Form 4, Nicholas L. Place is identified as an officer of Bridgewater Bancshares with the title "CHIEF BANKING OFFICER." This role is indicated in the relationship section, which clarifies he is not a director or ten percent owner in this context.