Notice of Proposed Sale · 144
Bridgewater Bancshares, Inc.
BWBNASDAQEQUITYCurrent
Notice of Proposed Sale
Structured filing — 144
primary_doc.xml
Notice of proposed sale. The proposed amounts below do not establish that a sale occurred.
Proposed-sale notice
- Issuer
- BRIDGEWATER BANCSHARES, INC.
- Issuer CIK
- 0001341317
- SEC file number
- 001-38412
- Phone
- 952-283-3750
- Person for whose account securities are to be sold
- Jeffrey Shellberg
- Relationships to issuer
- Director
- Street
- 4450 EXCELSIOR BLVD., SUITE 100
- City
- ST. LOUIS PARK
- State / country code
- MN
- Postal code
- 55416
Securities proposed for sale
| Security | Proposed units | Aggregate market value | Units outstanding | Approximate sale date | Exchange | Broker / market maker |
|---|---|---|---|---|---|---|
| Common Stock | 200,000 | 4,200,000 | 27,883,823 | 07/30/2026 | NASDAQ | Robert W. Baird & Co. |
Broker / market maker — proposed row 1, entry 1
- Name
- Robert W. Baird & Co.
- Street
- 777 East Wisconsin Avenue
- City
- Milwaukee
- State / country code
- WI
- Postal code
- 53202
Acquisition of securities to be sold
| Security | Acquired | Nature of acquisition | Acquired from | Amount acquired | Gift transaction | Payment date | Nature of payment |
|---|---|---|---|---|---|---|---|
| Common Stock | 10/28/2005 | Private Placement | Issuer | 140,000 | N | 10/28/2005 | N/A |
| Common Stock | 06/10/2008 | Private Placement | Issuer | 80,000 | N | 06/10/2008 | N/A |
Sales reported in the preceding three months
| Seller | Security | Sale date | Amount sold | Gross proceeds |
|---|---|---|---|---|
| Robert W. Baird & Co. | Common Stock | 04/29/2026 | 2,512 | 46,479.33 |
| Robert W. Baird & Co. | Common Stock | 05/01/2026 | 62 | 1,147 |
| Robert W. Baird & Co | Common Stock | 05/06/2026 | 9,252 | 170,710.24 |
| Robert W. Baird & Co | Common Stock | 05/07/2026 | 8,174 | 150,812.80 |
| Robert W. Baird & Co | Common Stock | 05/21/2026 | 20,000 | 371,083.70 |
Seller — prior-sale row 1, entry 1
- Name
- Robert W. Baird & Co.
- Street
- 777 East Wisconsin Avenue
- City
- Milwaukee
- State / country code
- WI
- Postal code
- 53202
Seller — prior-sale row 2, entry 1
- Name
- Robert W. Baird & Co.
- Street
- 777 East Wisconsin Avenue
- City
- Milwaukee
- State / country code
- WI
- Postal code
- 53202
Seller — prior-sale row 3, entry 1
- Name
- Robert W. Baird & Co
- Street
- 777 East Wisconsin Avenue
- City
- Milwaukee
- State / country code
- WI
- Postal code
- 53202
Seller — prior-sale row 4, entry 1
- Name
- Robert W. Baird & Co
- Street
- 777 East Wisconsin Avenue
- City
- Milwaukee
- State / country code
- WI
- Postal code
- 53202
Seller — prior-sale row 5, entry 1
- Name
- Robert W. Baird & Co
- Street
- 777 East Wisconsin Avenue
- City
- Milwaukee
- State / country code
- WI
- Postal code
- 53202
Prior-sale reporting
- Nothing to report for the preceding three months
- N
Notice signature
- Notice date
- 07/30/2026
- Signed
- /s/ Ben Klocke, Attorney-in-Fact
Company context
Bridgewater Bancshares, Inc. (Nasdaq: BWB) is a St. Louis Park, Minnesota-based financial holding company founded in 2005. Its banking subsidiary, Bridgewater Bank, is a premier, full-service bank dedicated to providing responsive support and simple solutions to businesses, entrepreneurs, and successful individuals across the Twin Cities. Bridgewater offers a comprehensive suite of products and services spanning deposits, lending, and treasury management solutions. Bridgewater has also received numerous awards for its banking services and esteemed corporate culture. With total assets of $5.3 billion and nine strategically located branches as of June 30, 2025, Bridgewater is one of the largest locally-led banks in Minnesota and is committed to being the finest entrepreneurial bank. For more information, please visit www.bridgewaterbankmn.com.