Mary Jayne Crocker - Nov 13, 2025 Form 4 Insider Report for Bridgewater Bancshares Inc (BWB)

Signature
/s/ Ben Klocke, Attorney-in-Fact
Stock symbol
BWB
Transactions as of
Nov 13, 2025
Transactions value $
$71,644
Form type
4
Date filed
11/17/2025, 05:34 PM
Previous filing
Nov 12, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Crocker Mary Jayne EVP & CHIEF STRATEGY OFFICER C/O BRIDGEWATER BANCSHARES, INC., 4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK /s/ Ben Klocke, Attorney-in-Fact 2025-11-17 0001732716

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWB Common Stock Sale -$69.5K -4.08K -2.01% $17.04 199K Nov 13, 2025 Direct F1
transaction BWB Common Stock Options Exercise $141K +18.9K +9.5% $7.47 218K Nov 17, 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BWB Option to buy Options Exercise $0 -18.9K -17.18% $0.00 91.1K Nov 17, 2025 Common Stock 18.9K $7.47 Direct F2, F3
holding BWB Option to buy 27K Nov 13, 2025 Common Stock 27K $12.92 Direct F2, F4
holding BWB Option to buy 20K Nov 13, 2025 Common Stock 20K $17.50 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.01 to $17.10, 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.
F2 Options to buy granted under the 2017 Combined Incentive and Non-Statutory Stock Option Plan.
F3 Options exercisable in 20% increments on the first five anniversaries of the date of the grant which was 10/1/2017.
F4 Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 12/6/2019.
F5 Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 2/1/2022.