Form 4 for BWB Bridgewater Bancshares Inc

Accepted 2026-09-01 17:57:34 ET · period of report 2026-08-31 · accession 0001732717-26-000025 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
DM	2026-09-01 17:57	2026-08-31	BWB	Shellberg Jeffrey D.	Dir	M - OptEx	$16.22	+22.4K	88.5K	+34%	+$362.5K
D	2026-09-01 17:57	2026-08-31	BWB	Shellberg Jeffrey D.	Dir	F - Tax	$21.07	-17.2K	71.3K	-19%	-$362.5K
DM	2026-09-01 17:57	2026-08-31	BWB	Shellberg Jeffrey D.	Dir	M - OptEx	$0.00	-22.4K	18.8K	-54%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2026-08-31	M	A	16,100	$17.50	82,287	D	—	—
2	Common	Common Stock	2026-08-31	M	A	6,250	$12.92	88,537	D	—	—
3	Common	Common Stock	2026-08-31	F	D	17,206	$21.07	71,331	D	—	—
4	Derivative	Option to buy	2026-08-31	M	D	16,100	$0.00	3,900	D	$17.50 · — to 2032-02-01	16,100 Common Stock	(F4) Options to buy granted under the 2017 Combined Incentive and Non-Statutory Stock Option Plan. (F5) Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 2/1/2022.
5	Derivative	Option to buy	2026-08-31	M	D	6,250	$0.00	18,750	D	$12.92 · — to 2029-12-06	6,250 Common Stock	(F4) Options to buy granted under the 2017 Combined Incentive and Non-Statutory Stock Option Plan. (F6) Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 12/6/2019.