Jerry J. Baack, CEO and Director of Bridgewater Bancshares Inc (NASDAQ:BWB), filed a Form 4 on August 18, 2026, reporting the sale of 10,000 shares of common stock on August 17, 2026.

Key Highlights

  • Shares sold: Jerry J. Baack disposed of 10,000 shares of Bridgewater Bancshares common stock on August 17, 2026.
  • Weighted average price: The reported sale price was $22.4813 per share, a weighted average across multiple transactions ranging from $22.48 to $22.51, inclusive.
  • Remaining direct ownership: Following the transaction, Baack directly holds 1,123,769 shares of common stock.
  • Indirect holdings: Baack also holds 1,000 shares indirectly by a dependent child, 1,000 shares as custodian for one child, and 1,000 shares as custodian for another child.
  • Transaction code: The transaction is coded "S," indicating an open-market sale.

Details of Baack's August 2026 Share Disposition

According to the filing, Jerry J. Baack, who serves as both CEO and Director of Bridgewater Bancshares Inc, sold 10,000 shares of the company's common stock on August 17, 2026. The form was signed by Ben Klocke as Attorney-in-Fact and filed on August 18, 2026. The filing notes that the price of $22.4813 is a weighted average, as the shares were sold across multiple transactions at prices ranging from $22.48 to $22.51, inclusive.

The filing discloses that Baack has undertaken to provide full information regarding the number of shares sold at each separate price to Bridgewater Bancshares, any security holder of the company, or the staff of the Securities and Exchange Commission, upon request. No derivative securities transactions were reported in this filing.

Following the reported sale, Baack's direct beneficial ownership stands at 1,123,769 shares. In addition, the filing reports three indirect holdings: 1,000 shares held by a dependent child, 1,000 shares held in Baack's capacity as custodian for one child, and 1,000 shares held as custodian for another child. No transaction code or price is listed for those indirect holdings, as they reflect existing positions rather than new transactions.

What Was Disclosed

The filing reported a single open-market sale of 10,000 common shares by Bridgewater Bancshares CEO Jerry J. Baack on August 17, 2026, at a weighted average price of $22.4813, leaving him with 1,123,769 shares held directly.