Joseph M. Chybowski - 10 Dec 2025 Form 4 Insider Report for Bridgewater Bancshares Inc (BWB)

Role
PRESIDENT & CFO
Signature
/s/ Ben Klocke, Attorney-in-Fact
Issuer symbol
BWB
Transactions as of
10 Dec 2025
Net transactions value
-$49,233
Form type
4
Filing time
12 Dec 2025, 17:40:46 UTC
Previous filing
09 Dec 2025
Next filing
04 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Chybowski Joseph M. PRESIDENT & CFO C/O BRIDGEWATER BANCSHARES, INC., 4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK /s/ Ben Klocke, Attorney-in-Fact 12 Dec 2025 0001732715

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWB Common Stock Options Exercise $44,820 +6,000 +5.7% $7.47 110,560 10 Dec 2025 Direct
transaction BWB Common Stock Sale $94,053 -5,211 -4.7% $18.05 105,349 10 Dec 2025 Direct F1
holding BWB Common Stock 1,000 10 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 -6,000 -4.2% $0.000000 136,500 10 Dec 2025 Common Stock 6,000 $7.47 Direct F2, F3
holding BWB Option to buy 23,000 10 Dec 2025 Common Stock 23,000 $12.92 Direct F4, F5
holding BWB Option to buy 20,000 10 Dec 2025 Common Stock 20,000 $17.50 Direct F4, F6
holding BWB Option to buy 30,000 10 Dec 2025 Common Stock 30,000 $17.50 Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.035 to $18.049, inclusive. The reporting person undertakes to provide to Bridgewater Bancshares, Inc., any security holder of Bridgewater Bancshares, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price set forth in this footnote to this Form 4.
F2 Options to buy granted under the 2012 Combined Incentive and Non-Statutory Stock Option Plan.
F3 Options exercisable in 20% increments on the first five anniversaries of the date of the grant which was 10/1/2017.
F4 Options to buy granted under the 2017 Combined Incentive and Non-Statutory Stock Option Plan.
F5 Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 12/6/2019.
F6 Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 2/1/2022.