Johnson James S. 4

What Happened

• James S. Johnson, a director of Bridgewater Bancshares, sold 4,712 common shares in open-market transactions on February 5, 2026. The reported weighted-average price was $19.71 per share, for total proceeds of approximately $92,894. This was a sale (insider disposition), which is often routine and does not by itself indicate company prospects.

Key Details

• Transaction date: 2026-02-05; Filed: 2026-02-06 (timely filing).
• Sale type: Open market sale (Code S). Shares sold: 4,712; weighted-average price: $19.71; total value ≈ $92,894.
• Price range: trades occurred at prices from $19.65 to $19.77 (footnote F1).
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• Footnotes: F2 and F3 indicate the shares are held in two trusts (James S. Johnson Trust and Jolynn Johnson Trust, both dated May 28, 2015) where Mr. Johnson is co-trustee and shares voting and investment power.
• No indication in the filing of a 10b5-1 plan, award, tax withholding, or option exercise related to this trade.

Context

• Sales by directors can be routine (liquidity needs, diversification, trust distributions) and aren’t as strong a signal as insider purchases. The filing shows multiple small trades aggregated to a weighted price; the reporter can provide per-trade prices on request (per F1).