Bridgewater Bancshares Director David B. Juran Sells 40,000 Shares

What Happened

• David B. Juran, a director of Bridgewater Bancshares Inc. (BWB), sold a total of 40,000 shares of common stock in open-market transactions. He disposed of 15,000 shares on 2026-08-21 at a weighted average price of $21.59 (proceeds $323,886) and 25,000 shares on 2026-08-24 at a weighted average price of $21.74 (proceeds $543,430). Combined proceeds were about $867,316. These were outright sales (S) rather than purchases or option exercises.

Key Details

• Transaction dates and prices:
  • 2026-08-21: 15,000 shares sold, weighted avg $21.59 (prices ranged $21.55–$21.67) — footnote F1.
  • 2026-08-24: 25,000 shares sold, weighted avg $21.74 (prices ranged $21.58–$21.84) — footnote F3.
• Total proceeds: ≈ $867,316.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Ownership/authority notes: the filing indicates these shares are held across trust arrangements where Mr. Juran serves as trustee or co-trustee (Marital Trust 2, Residuary Trust, Descendant’s Separate Trust) or as attorney‑in‑fact for a revocable trust; he may have shared or investment power over those holdings (footnotes F2, F4, F5, F6).
• Filing timeliness: Form 4 was filed 2026-08-25 covering the Aug 21 and Aug 24 trades; this appears timely (within the required two business days of each transaction).

Context

• These were sales (routine dispositions) by a company director. Sales do not necessarily indicate the director’s view on the company’s prospects; they can reflect personal liquidity needs, trust/estate management, or other non‑company reasons. No option exercises, awards, or 10% ownership notes are reported in the provided excerpt.