Bridgewater Bancshares (BWB) Director David B. Juran Receives Award

What Happened
David B. Juran, a director of Bridgewater Bancshares, was recorded as acquiring 969 shares of the company's common stock on September 30, 2026. The Form 4 reports the acquisition as an award/grant (code A) at a reported per-share price of $0.00 (total reported value $0).

Key Details

• Transaction date: 2026-09-30; Transaction type: Award/Grant (A)
• Shares acquired: 969; Reported price: $0.00; Reported total value: $0
• Shares owned after the transaction: not specified in the filing
• Footnotes: shares are held in various trusts where Mr. Juran has roles or authority:
  • F1: Co-trustee of a Residuary Trust (shared voting & investment power)
  • F2: Attorney-in-fact for a trustee of a Revocable Trust (may possess investment power)
  • F3: Trustee of a Descendant's Separate Trust
  • F4: Trustee of Marital Trust 2
• Filing timeliness: Form 4 filed on 2026-09-30 (same date as report period); no late filing indicated

Context
An award/grant typically reflects compensation, trustee allocations, or similar non-market transfers and does not necessarily signal an insider buying shares on the open market. Because the shares are held through trusts and Mr. Juran holds trustee or attorney-in-fact roles per the footnotes, these holdings reflect trust-related ownership and control rather than a straightforward personal cash purchase.