BWB - Bridgewater Bancshares Inc

Insider Sale by Shellberg Jeffrey D. (Dir)

1 Month
After Trade
Before Trade

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Trade Summary

2 days ago, Shellberg Jeffrey D., serving as Dir at Bridgewater Bancshares Inc (BWB), sold 2,512 shares at $18.50 per share, for a total transaction value of $46,479.00. Following this transaction, Shellberg Jeffrey D. now holds 770,675 shares of BWB.

The trade was executed on Wednesday, April 29, 2026 and publicly disclosed via SEC Form 4 filing on Friday, May 1, 2026, 2 days after the trade was made.

Bridgewater Bancshares Inc operates in the FINANCIAL SERVICES sector, specifically within the BANKS - REGIONAL industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

Shellberg Jeffrey D.

Dir

Jeffrey D. Shellberg is a co-founder of Bridgewater Bancshares, Inc. (NASDAQ: BWB) and has served as a director since 2005.[[5]](https://fintool.com/app/research/companies/BWB/people/jeffrey-shellberg) Currently, he holds the positions of Secretary, Executive Vice President, and Chief Credit Officer, overseeing all aspects of the bank's credit operations.[[6]](https://investors.bridgewaterbankmn.com/governance/board-of-directors/default.aspx) As of early 2026, he beneficially owns approximately 342,924 shares directly, valued at over $7 million, plus indirect holdings through three trusts totaling 507,000 shares where he serves as trustee with voting and investment power.[[1]](https://www.stocktitan.net/sec-filings/BWB/form-4-bridgewater-bancshares-inc-insider-trading-activity-e99f4f8801d5.html)[[2]](https://www.gurufocus.com/insider/125117/jeffrey-d.-shellberg) Shellberg, aged 63, recently sold 9,838 shares of BWB common stock on February 6, 2026, at $18.8901 per share, generating proceeds of about $185,839, leaving him with 266,187 shares held directly.[[1]](https://www.stocktitan.net/sec-filings/BWB/form-4-bridgewater-bancshares-inc-insider-trading-activity-e99f4f8801d5.html)[[4]](https://www.tipranks.com/news/insider-trading/top-bridgewater-bancshares-insiders-quietly-cash-out-in-significant-stock-moves-insider-trading) His long-standing leadership roles highlight his foundational contributions to the company's growth and credit management.

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Trade Price

$18.50

Quantity

2,512

Total Value

$46,479.00

Shares Owned

770,675

Trade Date

Wednesday, April 29, 2026

2 days ago

SEC Filing Date

Friday, May 1, 2026

Filed 2 days after trade

FINANCIAL SERVICESBANKS - REGIONAL

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