Trutna Thomas P. 4
4 · Bridgewater Bancshares Inc · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
Bridgewater Bancshares (BWB) Director Thomas P. Trutna Sells 13,000 Shares
What Happened
Thomas P. Trutna, a director of Bridgewater Bancshares, sold 13,000 shares on February 10, 2026. The shares were sold at a weighted average price of $19.51 per share for total proceeds of approximately $253,691. This was a disposition (sale), which is typically routine insider selling rather than a direct bullish signal.
Key Details
- Transaction date: 2026-02-10 (reported on Form 4 filed 2026-02-12)
- Transaction type: Sale (open market or private sale) — Code S
- Price: Weighted average $19.51; actual trades ranged from $19.50 to $19.63 (see footnote F1)
- Shares sold: 13,000; proceeds ≈ $253,691
- Shares owned after transaction: Not disclosed in this filing
- Notable footnote: F1 states the reported price is a weighted average and the sale occurred in multiple transactions at prices between $19.50 and $19.63; the reporting person can provide a per-trade breakdown on request
- Timeliness: Filing dated 2026-02-12 for a 2026-02-10 transaction — appears to meet the SEC’s 2-business-day Form 4 filing requirement
Context
This filing reports a straight sale by a company director. Sales by insiders can be routine (cash needs, portfolio rebalancing, or other personal reasons) and are generally less informative than purchases when inferring insider sentiment. No 10b5-1 plan, option exercise, gift, or tax-withholding event is reported in this filing.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-02-10$19.51/sh−13,000$253,691→ 82,634 total
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.50 to $19.63, 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.