SEC Form 4 · accession 0001732715-26-000004
Bridgewater Bancshares Inc · BWB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph M. Chybowski
Officer — PRESIDENT & CFO
Period of report
Jun 5, 2026
Accepted (ET)
Jun 5, 2026 · 5:13 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001341317
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 5, 2026 | M | 7,000 | $7.47 | A | 125,501 | D | |
| Common StockF1 | Jun 5, 2026 | S | 7,000 | $18.9594 | D | 118,501 | D | |
| Common Stock | holding | — | — | — | 1,000 | I | By Spouse IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to buyF2,F3 | $7.47 | Jun 5, 2026 | M | 7,000 | D | — | Sep 30, 2027 | Common Stock | 7,000 | 129,500 | D |
| Option to buyF4,F5 | $12.92 | holding | — | — | — | — | Dec 6, 2029 | Common Stock | 23,000 | 23,000 | D |
| Option to buyF4,F6 | $17.50 | holding | — | — | — | — | Feb 1, 2032 | Common Stock | 20,000 | 20,000 | D |
| Option to buyF2,F6 | $17.50 | holding | — | — | — | — | Feb 1, 2032 | Common Stock | 30,000 | 30,000 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.95 to $19.02, inclusive. The reporting person undertakes to provide to Bridgewater Bancshares, Inc., any security holder of Bridgewater Bancshares, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price set forth in this footnote to this Form 4.
- F2Options to buy granted under the 2012 Combined Incentive and Non-Statutory Stock Option Plan.
- F3Options exercisable in 20% increments on the first five anniversaries of the date of the grant which was 10/1/2017.
- F4Options to buy granted under the 2017 Combined Incentive and Non-Statutory Stock Option Plan.
- F5Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 12/6/2019.
- F6Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 2/1/2022.