Welcome to our dedicated page for Bridgewater Banc SEC filings (Ticker: BWBBP), 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 for a Minnesota financial holding company, Bridgewater Bank and the issuer's preferred depositary shares. Form 8-K reports cover operating results, financial condition, earnings presentations, Regulation FD investor materials, dividend-related events and material agreements.
The filing record also addresses capital structure matters, including common stock, depositary shares and at-the-market equity distribution arrangements. Definitive proxy statements disclose board matters, executive compensation, shareholder voting items and governance practices for the bank holding company.
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.
Bridgewater Bancshares, Inc. (BWBBP) submitted a Form 144 notice reporting a proposed sale of 1,332 common shares through Morgan Stanley Smith Barney LLC on the NASDAQ with an aggregate market value of $21,615.25. The filer reports total outstanding shares of 27,482,534. The shares were originally acquired as restricted stock on December 6, 2020 (700 shares) and December 6, 2023 (632 shares). No securities were reported sold in the past three months. The filer affirms they are unaware of undisclosed material adverse information and includes the standard Rule 144 representations regarding trading plans and criminal penalties for misstatement.
Trutna Thomas P., a director of Bridgewater Bancshares, Inc., reported a sale of company common stock on 08/22/2025. The Form 4 shows 6,152 shares were disposed of at a reported price of $16.40 per share, leaving the reporting person with 94,496 shares after the transaction. The filing was signed by an attorney-in-fact, Ben Klocke, on 08/22/2025. The Form indicates it was filed by one reporting person and identifies the reporting person as a director of the issuer.
Bridgewater Bancshares insider transaction: Jeffrey D. Shellberg, a director and the EVP and Chief Credit Officer, reported a sale of 6,040 shares of Bridgewater Bancshares common stock on 08/22/2025 at a weighted average price of $16.0923 per share. The Form 4 shows Mr. Shellberg beneficially owns 317,390 shares indirectly as trustee of the Jeffrey D. Shellberg Trust, plus additional trust holdings listed as 87,000 and 65,000 shares in two Susan K. Shellberg trusts. The filing was signed by attorney-in-fact Ben Klocke on 08/22/2025.
Bridgewater Bancshares, Inc. (BWBBP) filed a Form 144 notifying the proposed sale of 6,152 shares of common stock. The shares were acquired by exercise on 12/27/2023 and paid in cash. The filing lists Morgan Stanley Smith Barney LLC as the broker and states an approximate sale date of 08/22/2025. The aggregate market value of the shares at filing is $100,892.80 and the issuer's shares outstanding are reported as 27,482,534. The filer certifies no undisclosed material adverse information and reports no sales of the issuer's securities in the past three months.
Bridgewater Bancshares, Inc. furnished a new investor presentation that executives may use in meetings with investors and analysts. The presentation is attached as Exhibit 99.1 to this Form 8-K and is incorporated by reference for informational purposes only.
The company notes that this material is being provided under Regulation FD and is considered “furnished,” not “filed,” meaning it does not carry the same legal status as financial statements or other filed information under federal securities laws.
Bridgewater Bancshares, Inc. reported planned executive leadership changes and related board actions. The company announced the upcoming retirements of Mary Jayne Crocker, Executive Vice President and Chief Strategy Officer, and Jeffrey Shellberg, Executive Vice President and Chief Credit Officer, with amended employment agreements extending Ms. Crocker’s term to February 15, 2026 and Mr. Shellberg’s term to October 9, 2026. Both plan to retire at the end of these terms, while Mr. Shellberg will continue to serve as a director of the company and its bank subsidiary.
The company is promoting internal leaders to its Strategic Leadership Team effective September 15, 2025: Laura Espeseth as Chief Administrative Officer, Katie Morrell as Chief Credit Officer, and Jessica Stejskal as Chief Experience Officer. The board also increased its size from ten to eleven members and appointed Ms. Crocker as a director, with her initial term beginning February 16, 2026, when she becomes a non-employee director. She will receive a quarterly retainer of $20,000 under the company’s Non-Employee Director Compensation Program.
Bridgewater Bancshares insider sale summary: Jeffrey D. Shellberg, EVP and Chief Credit Officer and a director, reported multiple sales of common stock on August 14-15, 2025. He sold 32,273 shares on August 14 at a weighted average price of $16.0303 and 1,687 shares on August 15 at a weighted average price of $16.0012. After the August 14 sale his beneficial ownership was reported as 325,117 shares (indirectly held by trust); after the August 15 sale the reported beneficial ownership was 323,430 shares (indirect). The filing discloses additional indirect holdings: 87,000 shares in the Susan K. Shellberg Family Trust and 65,000 shares in the Susan K. Shellberg Marital Trust, with Shellberg possessing voting and investment power for those trusts. The Form 4 was signed by an attorney-in-fact.
Mary Jayne Crocker, EVP & Chief Strategy Officer and director of Bridgewater Bancshares, Inc. (ticker: BWBBP), reported an insider purchase on Form 4. On 08/13/2025 she acquired 100 depositary shares at a price of $19.9999 per depositary share. Each depositary share represents a 1/100th interest in a share of the issuer's 5.875% Non-Cumulative Perpetual Preferred Stock, Series A.
Following the reported transaction the reporting person (through a spouse IRA) is recorded as beneficially owning 5,395 depositary shares indirectly. The Form 4 was signed by an attorney-in-fact on 08/15/2025. The filing discloses the transaction type as a purchase and the ownership form as indirect (by spouse IRA).
Thrivent Financial for Lutherans reports owning 2,382,186 shares of Bridgewater Bancshares Inc. common stock, representing approximately 8.68% of the outstanding shares based on 27,439,946 shares outstanding as of April 29, 2025. The filing is an Amendment No. 7 to a Schedule 13G dated for the event of 06/30/2025 and signed by Thrivent's CFO on 08/15/2025. Thrivent disclaims beneficial ownership of 9,788 shares held in its Defined Benefit Plan Trust and clarifies that 566,140 shares are held by registered investment companies advised by Thrivent Financial for Lutherans while 1,806,258 shares are held by registered investment companies advised by its wholly owned subsidiary Thrivent Asset Management, LLC. The statement affirms the positions were acquired and are held in the ordinary course of business.