Bridgewater Bancshares (BWB) Director James S. Johnson Receives Award

What Happened

• James S. Johnson, a director of Bridgewater Bancshares, was reported as acquiring 969 shares via a grant/award on 2026-09-30. The reported price is $0.00 per share and the total reported value is $0 (Form 4 transaction code: A — grant/award/other acquisition). This is an equity award reported as an acquisition rather than an open-market purchase.

Key Details

• Transaction date: 2026-09-30; transaction type: Award/Grant (Form 4 code A).
• Shares acquired: 969; reported price: $0.00; total reported value: $0.
• Shares owned after transaction: Not specified in this filing.
• Footnotes:
  • F1 — Some common stock is held by the James S. Johnson Trust (dated May 28, 2015); Mr. Johnson is co-trustee with shared voting and investment power.
  • F2 — Some common stock is held by the Jolynn Johnson Trust (dated May 28, 2015); Mr. Johnson is co-trustee with shared voting and investment power.
• Filing timeliness: No late filing indicated in this report.

Context

• Grants/awards to directors are commonly part of compensation or retention programs and do not necessarily reflect immediate trading intent. The award was reported as having no cash cost to the insider; the filing notes that related shares are held in trusts where Mr. Johnson has shared control.