Joseph M. Chybowski, President and CFO of Bridgewater Bancshares Inc, recently sold 9,651 shares of the company's common stock. The transaction, which took place on November 3, 2026, was executed at an average price of $20.43 per share. This sale is significant as it reflects the ongoing management of stock by company executives in the banking sector.
Background
Bridgewater Bancshares Inc, incorporated in Minnesota, operates within the state commercial banks sector. The company is publicly traded under the ticker symbol BWB. Recent filings indicate that Chybowski has been actively managing his stock holdings, with multiple transactions reported throughout the year.
What the Filing Says
The filing, dated November 4, 2026, details that Chybowski disposed of 9,651 shares, bringing his total ownership to 108,850 shares following the transaction. The filing states, "These shares were sold in multiple transactions at prices ranging from $20.25 to $20.70, inclusive." This indicates a strategic decision to liquidate a portion of his holdings.
Impact
This sale may affect shareholders and investors in Bridgewater Bancshares, as executive transactions can influence market perceptions and stock performance. Chybowski's actions are particularly relevant to those monitoring insider trading trends within the banking industry.
What's Next
The filing does not say what happens next.
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