Johnson James S. 4

What Happened

James S. Johnson, a director of Bridgewater Bancshares Inc. (BWB), was granted 959 shares on June 30, 2026. The Form 4 reports this as an award/acquisition (transaction code A) at $0.00 per share (total reported value $0), indicating a grant or similar non-cash issuance rather than an open-market purchase.

Key Details

• Transaction date: 2026-06-30; price reported: $0.00 per share; shares acquired: 959.
• Total reported cash value of the transaction: $0.
• Filing date: 2026-07-01 (appears timely for a Form 4 covering a 2026-06-30 transaction).
• Shares owned after transaction: not disclosed in the filing.
• Footnotes: F1 and F2 state the shares 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 over those trust shares.

Context

This was an award/grant (compensation or similar) rather than a market purchase or sale. Awards are common for executives/directors and do not necessarily signal immediate bullish or bearish intent. The trust-related footnotes indicate holdings are managed through trusts where Mr. Johnson has shared control, which is a common ownership structure for insiders.