Volk David J. 4

What Happened
David J. Volk, a director of Bridgewater Bancshares Inc. (BWB), was granted 1,146 shares on 2026-03-31. The transaction is reported as an award/grant (Form 4 code A) with an acquisition price of $0.00, so the reported cash value for the purchase is $0.

Key Details

• Transaction date: 2026-03-31; Transaction type: Award/Grant (code A).
• Shares acquired: 1,146; Price per share reported: $0.00; total cash outlay reported: $0.
• Shares owned after transaction: Not disclosed in the provided filing.
• No footnotes in the supplied data (no 10b5-1 plan, tax-withholding sale, or similar annotations reported).
• Filing date: 2026-03-31 — filed same day as the reported transaction (timely).

Context
Awards of shares to directors are commonly part of compensation or board-retainer programs and do not necessarily indicate a personal open-market purchase or sale. Because this is an award (not a purchase or sale), it should be viewed primarily as compensation-related rather than a direct market sentiment signal.