Director Douglas J. Parish filed a Form 4 with the SEC on September 10, 2026, reporting the sale of 4,000 shares of Bridgewater Bancshares Inc (NASDAQ:BWB) common stock on September 9, 2026.

Key Highlights

  • Transaction: Douglas J. Parish, a director, sold 4,000 shares of common stock on September 9, 2026.
  • Weighted average price: Shares were sold at a weighted average price of $21.384, with individual transaction prices ranging from $21.37 to $21.45.
  • Holding structure: The 4,000 shares were disposed of from an indirect holding held by the Douglas J. Parish Revocable Trust, dated May 27, 2022.
  • Remaining indirect ownership: Following the transaction, 4,107 shares remain held indirectly through the trust.
  • Direct ownership: Parish also holds 5,894 shares directly following the reported transaction.

Parish Trust Sells Bridgewater Bancshares Shares at Weighted Average $21.384

According to the Form 4 filing, Douglas J. Parish, identified as a director of Bridgewater Bancshares Inc, disposed of 4,000 shares of the company's common stock on September 9, 2026. The transaction code reported is "S," indicating a sale. The filing states the price of $21.384 is a weighted average, as the shares were sold across multiple transactions at prices ranging from $21.37 to $21.45, inclusive.

The filing discloses that the sold shares were held indirectly through the Douglas J. Parish Revocable Trust, dated May 27, 2022, for which Parish serves as co-trustee. According to the filing, Parish "possesses shared voting and investment power with respect to the shares of common stock held under the trust." The reporting person has undertaken to provide full information regarding the number of shares sold at each separate price upon request to Bridgewater Bancshares, any security holder, or SEC staff.

Following the reported transaction, the filing shows Parish retains 4,107 shares indirectly through the trust and 5,894 shares held directly. The Form 4 was signed by Ben Klocke as attorney-in-fact on September 10, 2026. No derivative securities transactions were reported in the filing.

What Was Disclosed

Director Douglas J. Parish reported the sale of 4,000 Bridgewater Bancshares common shares on September 9, 2026, at a weighted average price of $21.384, through a revocable trust. Post-transaction beneficial ownership totals 4,107 shares indirectly and 5,894 shares directly.