Nicholas L. Place - 12 Dec 2025 Form 4 Insider Report for Bridgewater Bancshares Inc (BWB)

Signature
/s/ Ben Klocke, Attorney-in-Fact
Issuer symbol
BWB
Transactions as of
12 Dec 2025
Net transactions value
+$74,700
Form type
4
Filing time
15 Dec 2025, 18:25:03 UTC
Previous filing
09 Dec 2025
Next filing
04 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Place Nicholas L. CHIEF BANKING OFFICER C/O BRIDGEWATER BANCSHARES, INC., 4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK /s/ Ben Klocke, Attorney-in-Fact 15 Dec 2025 0001732712

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWB Common Stock Options Exercise $74,700 +10,000 +8.2% $7.47 131,231 12 Dec 2025 Direct
holding BWB Common Stock 7,500 12 Dec 2025 By Spouse IRA

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BWB option to buy Options Exercise $0 -10,000 -6.7% $0.000000 140,000 12 Dec 2025 Common Stock 10,000 $7.47 Direct F1, F2
holding BWB option to buy 21,000 12 Dec 2025 Common Stock 21,000 $12.92 Direct F1, F3
holding BWB option to buy 50,000 12 Dec 2025 Common Stock 50,000 $17.50 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options to buy granted under the 2017 Combined Incentive and Non-Statutory Stock Option Plan.
F2 Options exercisable in 20% increments on the first five anniversaries of the date of the grant which was 10/1/2017.
F3 Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 12/6/2019.
F4 Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 2/1/2022.