Johnson James S. 4

What Happened

• James S. Johnson, a director of Bridgewater Bancshares Inc. (BWB), received an award/grant of 1,146 shares on March 31, 2026. The shares were reported at $0.00 per share (total reported value $0.00). This was an equity grant/award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-31; Price per share: $0.00; Shares received: 1,146.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 and F2 state the shares of common stock are held by Mr. Johnson as co-trustee of the James S. Johnson Trust and the Jolynn Johnson Trust (both dated May 28, 2015); he has shared voting and investment power with respect to those trust-held shares.
• Filing timeliness: Filing date matches the report date (2026-03-31); no late filing indicated.

Context

• Grants/awards are commonly part of director compensation or long-term incentive plans and do not carry the same immediate market-signaling weight as open-market purchases. The $0.00 price suggests these are restricted or compensation shares rather than a cash purchase.