Jerry J. Baack - 21 Nov 2025 Form 4 Insider Report for Bridgewater Bancshares Inc (BWB)

Role
CEO, Director
Signature
/s/ Ben Klocke, Attorney-in-Fact
Issuer symbol
BWB
Transactions as of
21 Nov 2025
Net transactions value
+$186,750
Form type
4
Filing time
24 Nov 2025, 16:20:08 UTC
Previous filing
14 Nov 2025
Next filing
09 Dec 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Baack Jerry J. CEO, Director C/O BRIDGEWATER BANCSHARES, INC., 4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK /s/ Ben Klocke, Attorney-in-Fact 24 Nov 2025 0001733126

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWB Common Stock Options Exercise $186,750 +25,000 +2.1% $7.47 1,189,361 21 Nov 2025 Direct
holding BWB Common Stock 1,000 21 Nov 2025 As custodian for child
holding BWB Common Stock 1,000 21 Nov 2025 As custodian for child
holding BWB Common Stock 1,000 21 Nov 2025 As custodian for child

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 -25,000 -17% $0.000000 125,000 21 Nov 2025 Common Stock 25,000 $7.47 Direct F1, F2
holding BWB Option to buy 65,000 21 Nov 2025 Common Stock 65,000 $12.92 Direct F1, F3
holding BWB Option to buy 100,000 21 Nov 2025 Common Stock 100,000 $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.