[144] Bridgewater Bancshares, Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 notice for proposed sale of registered shares. The filer proposes to sell 9,314 shares of common stock through Morgan Stanley Smith Barney LLC on 08/26/2025, with an aggregate market value of $149,489.70 and 27,482,534 shares outstanding reported. The filer’s acquisition history shows the securities were received as restricted stock on multiple dates (12/06/2020; 12/06/2023; 02/02/2024; 12/06/2024; 12/07/2024) totaling the quantities listed per grant. The form also reports a sale by Mary Jayne Crocker of 1,332 shares on 08/25/2025 for $21,615.25. The notice includes the signer’s representation that they are not aware of any undisclosed material adverse information about the issuer.

Positive

• Proposed sale is clearly disclosed: 9,314 shares scheduled 08/26/2025 via Morgan Stanley Smith Barney
• Acquisition history is detailed with grant dates and quantities for the restricted stock
• Recent transaction disclosed: Mary Jayne Crocker sold 1,332 shares on 08/25/2025 for $21,615.25
• Signer representation affirms no known undisclosed material adverse information

Negative

• Issuer identification fields (name, SEC file number, address, contact) are blank in the provided content
• Filer contact information appears missing or not provided in the content extract
• Relationship to issuer and explicit filer CIK/CCC values are not shown in the provided tables

Insights

Securities Analyst

TL;DR: Routine Rule 144 transaction notice; modest share block scheduled for sale with recent insider sale reported.

The filing documents a proposed disposition of 9,314 common shares via Morgan Stanley Smith Barney on 08/26/2025 valued at $149,489.70. The shares were acquired in multiple restricted stock grants between 2020 and 2024, indicating these are likely employee/insider holdings becoming eligible for sale. A separate sale of 1,332 shares by Mary Jayne Crocker on 08/25/2025 for $21,615.25 is disclosed as a recent transaction. This filing appears routine and informational; it does not include operating results or valuation context beyond the aggregate market value reported.

Compliance / Risk Analyst

TL;DR: Compliance disclosure appears standard but several issuer identification fields are blank on the form.

The Form 144 contains the required sale details and the seller’s certification regarding material nonpublic information. However, key issuer identification and filer contact fields in the provided content are left blank, which could impede verification if those blanks reflect the filed document. From a compliance perspective, the representation about no undisclosed material information is present, but reviewers will need complete issuer/filer identifiers to confirm filing completeness.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	9314	149489.70	27482534	08/26/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	12/06/2023	Restricted Stock	Issuer			1103	12/06/2023	Not Applicable
Common	12/06/2024	Restricted Stock	Issuer			1913	12/06/2024	Not Applicable
Common	12/07/2024	Restricted Stock	Issuer			2365	12/07/2024	Not Applicable
Common	02/02/2024	Restricted Stock	Issuer			2133	02/02/2024	Not Applicable
Common	12/06/2020	Restricted Stock	Issuer			1800	12/06/2020	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
MARY JAYNE CROCKER 4450 Excelsior Boulevard, Suite 100 St. Louis Park MN 55416	Common	08/25/2025	1332	21615.25

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for BWBBP report?

The form reports a proposed sale of 9,314 common shares via Morgan Stanley Smith Barney on 08/26/2025 with an aggregate market value of $149,489.70.

Who executed a recent sale disclosed in the filing?

Mary Jayne Crocker sold 1,332 shares on 08/25/2025 for $21,615.25.

How were the shares being sold originally acquired?

The shares were acquired as restricted stock on multiple dates: 12/06/2020; 12/06/2023; 02/02/2024; 12/06/2024; and 12/07/2024, with quantities listed for each grant.

What does the filer certify on the Form 144?

The signer represents they do not know of any material adverse information regarding the issuer that has not been publicly disclosed.

Where will the proposed sale occur?

The proposed sale is to be executed on NASDAQ through Morgan Stanley Smith Barney LLC.