Urness Todd B. 4

What Happened

• Todd B. Urness, a director of Bridgewater Bancshares Inc. (BWB), was granted 1,146 shares on March 31, 2026. The award/ acquisition is reported as an "A" transaction at $0.00 per share (total reported cost $0), indicating shares were issued as a grant rather than bought.

Key Details

• Transaction date and type: 2026-03-31 — Award/Grant (code A).
• Price: $0.00 per share; total reported value $0 (compensation/award, not a cash purchase).
• Shares owned after transaction: not specified in the filing.
• Footnote: Shares are held by Mr. Urness as trustee of the Todd B. Urness Revocable Trust (dated May 21, 2024); he has sole voting and investment power over those shares (F1).
• Timeliness: Report covers period 2026-03-31 and was filed 2026-03-31; no late filing indicated.

Context

• Grants/awards (code A) typically reflect compensation or director equity programs rather than open-market purchases; they do not necessarily signal immediate bullish trading intent.
• Because the filing shows the shares are held in a revocable trust with Urness's sole control, this is effectively insider-controlled stock rather than a third-party holding.