A director of Bridgewater Bancshares Inc. sold a total of 40,000 ordinary shares for approximately $867,316 in two transactions executed on August 21 and August 24, 2026.
The first disposal involved 15,000 shares at a weighted average price of $21.5924, with individual prices ranging from $21.55 to $21.67. Following the sale, the director’s indirect holdings via the Marital Trust 2, where he serves as trustee, declined to 106,301 shares.
A second transaction on August 24 saw 25,000 shares sold at a weighted average price of $21.7372, with prices varying between $21.58 and $21.84. The Marital Trust 2 balance after this sale totaled 81,301 shares.
After the disposals, the director retains 1,349,926 shares directly and holds smaller indirect positions through other trusts: 10,725 shares in the Residuary Trust, 95,307 shares in the Revocable Trust, and 16,328 shares in the Descendant's Separate Trust.
Bridgewater Bancshares’ shares were quoted at $21.12 at the August 25, 2026 close, down $0.56 or 2.58% on the day. The stock has a 52-week high of $22.62 and has delivered a 31% total return over the past year. The company’s price-to-earnings ratio stands at 11.47.
InvestingPro’s fair-value analysis suggests the shares may be overvalued at current levels. The bank reported second-quarter 2026 earnings per share of $0.45, matching consensus, while revenue of $40.89 million fell short of the $41.43 million estimate by 1.3%. Return on average assets exceeded 1% for the first time since early 2023, and the net interest margin widened to 3.07%.
