Welcome to our dedicated page for Bridgewater Bancshares SEC filings (Ticker: BWB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Bridgewater Bancshares, Inc. filings document the regulatory record of a Nasdaq-listed Minnesota financial holding company and its wholly owned banking subsidiary, Bridgewater Bank. Form 8-K reports cover operating results, earnings presentations, Regulation FD investor materials, cash dividend announcements and material agreements such as the company's at-the-market common stock equity distribution arrangement.
Proxy and shareholder-meeting filings address board elections, voting results, executive compensation, equity awards and other governance matters. The filing record also reflects capital-structure disclosures for common stock and depositary-share securities, formal financial-condition disclosures and capital management matters tied to the Bridgewater Bank operating model.
Bridgewater Bancshares President & CFO Joseph M. Chybowski reported several common stock transactions. On February 2, 2026, he disposed of 1,632 shares at $19.63 per share. On February 3, 2026, he disposed of another 786 shares at $19.54 per share and acquired 15,570 shares at a reported price of $0 per share. Following these transactions, he directly beneficially owned 118,501 common shares and indirectly owned 1,000 shares through a spouse IRA.
Bridgewater Bancshares CEO and director Jerry J. Baack reported an acquisition of 23,739 shares of common stock on February 3, 2026. The shares were acquired at a reported price of $0.00 per share, indicating they were likely granted rather than purchased on the open market.
Following this transaction, Baack directly beneficially owns 1,186,003 shares of common stock. In addition, he is listed as indirectly holding 1,000 shares each in three accounts as custodian for children, reflecting custodial positions rather than direct personal holdings.
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.
Bridgewater Bancshares EVP & Chief Strategy Officer Mary Jayne Crocker reported two dispositions of Bridgewater Bancshares common stock coded "F." On February 2, 2026, she disposed of 1,588 shares at $19.63, and on February 3, 2026, she disposed of 639 shares at $19.54. After these transactions, she directly beneficially owned 208,997 shares of common stock.
Bridgewater Bancshares Inc. director Jeffrey D. Shellberg reported two transactions in company common stock. On February 2, 2026, he disposed of 1,359 shares at $19.63 per share, and on February 3, 2026 he disposed of 540 shares at $19.54, both coded "F".
After these transactions, Shellberg directly holds 276,025 common shares. He also reports indirect holdings "By Trust" of 355,000 shares, 87,000 shares, and 65,000 shares. Footnotes state he serves as trustee and has voting and investment power over the shares held in each named trust.
Bridgewater Bancshares chief operating officer Lisa M. Salazar reported several stock transactions in early February 2026. On February 2, 1,062 shares of common stock were withheld at $19.63 per share, and on February 3, 427 shares were withheld at $19.54 per share, both coded "F" for shares withheld to cover taxes or similar obligations. Also on February 3, she acquired 10,088 shares of common stock in a transaction coded "A" at a stated price of $0, typically reflecting a stock award or similar grant. Following these transactions, Salazar directly owned 40,239 shares of Bridgewater Bancshares common stock.
Bridgewater Bancshares, Inc. filed a Form 8-K to report that it has released its financial results for the three and twelve months ended December 31, 2025 and made the related earnings materials available. The company furnished a press release as Exhibit 99.1 and an earnings presentation as Exhibit 99.2, both provided as supplemental information rather than being treated as filed financial statements. The filing also announces that the Board of Directors declared a quarterly cash dividend on the 5.875% Non-Cumulative Perpetual Preferred Stock, Series A of $36.72 per share, equivalent to $0.3672 per depositary share, payable on March 2, 2026 to shareholders of record as of February 13, 2026.
Bridgewater Bancshares Inc. director reports stock acquisition
A director of Bridgewater Bancshares Inc. reported acquiring 1,113 shares of the company’s common stock on 12/31/2025 at a stated price of $0, indicating a grant or similar award rather than an open‑market purchase. Following this transaction, the director beneficially owns 308,113 shares directly and 866,722 shares indirectly through a trust. The indirect holdings are held in the Todd B. Urness Revocable Trust, for which Mr. Urness serves as trustee with sole voting and investment power over the trust’s shares.
Bridgewater Bancshares’ chief banking officer reported exercising stock options and increasing direct ownership in the company. On 12/12/2025, the insider exercised options to buy 10,000 shares of Bridgewater Bancshares common stock at a price of $7.47 per share.
After this transaction, the officer beneficially owned 131,231 shares directly, plus 7,500 shares held indirectly through a spouse’s IRA. The filing also shows remaining stock options outstanding at various exercise prices and expiration dates under the company’s 2017 Combined Incentive and Non-Statutory Stock Option Plan.
Bridgewater Bancshares’ president and CFO reported changes in his ownership of the company’s common stock.
On 12/10/2025, he exercised 6,000 stock options at $7.47 per share and acquired the same number of shares, and also sold 5,211 shares at a weighted average price of $18.049.
After these transactions, he beneficially owns 105,349 shares directly and 1,000 shares indirectly through a spouse’s IRA, and continues to hold multiple stock option awards.