Bridgewater Bancshares (BWB) CEO Jerry Baack Sells 10,000 Shares

What Happened

• Jerry J. Baack, Chief Executive Officer and director of Bridgewater Bancshares, sold 10,000 shares on 2026-08-17. The filing reports a weighted-average price of $22.48 per share for the sale, for an aggregate value of $224,813. The sale is coded as an open-market or private sale (S).

Key Details

• Transaction date: 2026-08-17.
• Shares sold: 10,000; weighted-average price reported: $22.48/share; total proceeds: $224,813.
• Price range: shares were sold in multiple trades at prices between $22.48 and $22.51 (per footnote F1).
• Filing date: 2026-08-18 — this appears to be timely (Form 4 must be filed within two business days).
• Shares owned after the transaction: not stated in the provided Form 4 excerpt.
• Footnote F1: the $22.48 figure is a weighted average; the reporting person offers to provide a per-trade price breakdown on request. No 10b5-1 plan, tax withholding, gift, or option-exercise notation was disclosed in the excerpt.

Context

• This was a sale, which is often a routine liquidity or diversification action by insiders; the filing itself does not state the reason. Retail investors should view the transaction as factual disclosure of insider selling rather than a clear signal of company prospects. If you need per-trade prices or holdings after the sale, the filer has offered to provide that detail upon request.