Jerry J. Baack, CEO of Bridgewater Bancshares, Inc., has filed an amendment to a recent SEC filing to correct inaccuracies regarding stock acquisitions. The amendment, submitted on October 30, 2026, clarifies that Baack acquired 36,166 shares of common stock through an option exercise on October 22, 2026. This adjustment underscores the importance of precise reporting for executives in the banking industry.

The initial filing on October 26 had mistakenly reported the acquisition of 29,099 shares and included an erroneous disposition of 7,067 shares. The corrected filing now accurately reflects Baack's holdings, indicating that he owns a total of 1,177,769 shares following the transactions.

Background

Bridgewater Bancshares, Inc. operates in the state commercial banking sector, as classified under SIC code 6022. The company is based in St. Louis Park, Minnesota, and its business address is 4450 Excelsior Blvd., Suite 100. The institution primarily engages in providing various banking services to its clients.

What the Filing Says

The filing states, "This amendment is being filed to correct the Form 4 originally filed on October 26, 2026." It further clarifies that the original form incorrectly reported the acquisition and disposition of shares. The amendment corrects these errors, ensuring accurate representation of Baack's ownership.

Impact

This amendment may influence shareholder confidence in Bridgewater Bancshares. Accurate reporting is crucial for maintaining trust among investors and stakeholders in the banking sector. The filing reflects Baack's commitment to transparency in his role as CEO.

What's Next

The filing does not say what happens next.