Bridgewater Bancshares (BWB) director reports small trust share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bridgewater Bancshares Inc director Jeffrey D. Shellberg reported an indirect open-market sale of 62 shares of Common Stock at $18.50 per share on May 1, 2026, by a trust for which he serves as trustee. Following this sale, that trust held 62,426 shares. Separate entries show Shellberg with 266,187 shares held directly, and additional indirect positions of 87,000 and 355,000 shares held by other trusts where he also has voting and investment power.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 62 shares ($1,147)
Net Sell
4 txns
Insider
Shellberg Jeffrey D.
Role
null
Sold
62 shs ($1K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 62 | $18.50 | $1K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 62,426 shares (Indirect, By Trust);
Common Stock — 266,187 shares (Direct, null)
Footnotes (1)
- Shares of common stock are held by Mr. Shellberg as trustee of the Susan K. Shellberg Marital Trust dated July 16, 2024. Mr. Shellberg possesses voting and investment power with respect to the shares of common stock held by the Susan K. Shellberg Marital Trust dated July 16, 2024. Shares of common stock are held by Mr. Shellberg as trustee of the Jeffrey D. Shellberg Trust under agreement dated October 1, 2014. Mr. Shellberg possesses voting and investment power with respect to the shares of common stock held by the Jeffrey D. Shellberg Trust under agreement dated October 1, 2014. Shares of common stock are held by Mr. Shellberg as trustee of the Susan K Shellberg Family Trust dated July 16, 2024. Mr. Shellberg possesses voting and investment power with respect to the shares of common stock held by the Susan K. Shellberg Family Trust dated July 16, 2024.
Key Figures
Shares sold: 62 shares
Sale price: $18.50 per share
Trust holdings after sale: 62,426 shares
+3 more
6 metrics
Shares sold
62 shares
Open-market sale on May 1, 2026
Sale price
$18.50 per share
Price for 62-share sale
Trust holdings after sale
62,426 shares
Indirect trust position post-transaction
Direct holdings
266,187 shares
Common Stock held directly by Shellberg
Indirect trust holdings
87,000 shares
Common Stock held indirectly by one trust
Additional trust holdings
355,000 shares
Common Stock held indirectly by another trust
Key Terms
open-market sale, Common Stock, indirect, trustee, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale""
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.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
indirect financial
"ownership_type: "indirect" with nature_of_ownership "By Trust""
trustee financial
"Shares of common stock are held by Mr. Shellberg as trustee"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
voting and investment power financial
"Mr. Shellberg possesses voting and investment power with respect to the shares"
