Bridgewater Bancshares, Inc.
US ˙ NasdaqCM ˙ US1086211034

SecurityBWB / Bridgewater Bancshares, Inc.
InsiderChybowski Joseph M.
This page shows the track record and history of Chybowski Joseph M. insider trades in Bridgewater Bancshares, Inc.. The SEC defines Insiders as officers, directors, or significant investors (greater than 10% ownership) in a company. It is illegal for insiders to make trades in their companies based on material, non-public information ("MNPI"). This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4.
Insider Purchases - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made by Chybowski Joseph M. in BWB / Bridgewater Bancshares, Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Max		 Price at
Max		 Max
Profit ($)		 Max Return (%)
2023-09-14 1,500 10.1669 1,500 10.1669 15,250 315 14.4800 6,470 42.43
2023-05-12 10,000 8.0422 10,000 8.0422 80,422
2021-08-17 720 25.0000 720 25.0000 18,000
2018-10-31 1,000 11.0525 1,000 11.0525 11,052
2018-03-16 2,000 11.7500 2,000 11.7500 23,500

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

BWB / Bridgewater Bancshares, Inc. Insider Trades
Insider Sales - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made by Chybowski Joseph M. in BWB / Bridgewater Bancshares, Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Min		 Price at
Min		 Max Loss
Avoided ($)		 Max Loss
Avoided (%)
2026-06-05 7,000 18.9594 7,000 18.9594 132,716 0 19.2500 2,035 1.53
2025-12-10 5,211 18.0490 5,211 18.0490 94,053
2025-12-09 6,780 17.9867 6,780 17.9867 121,950
2024-12-11 3,000 15.5100 3,000 15.5100 46,530

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

BWB / Bridgewater Bancshares, Inc. Insider Trades
Insider Transaction History
File
Date		 Trade
Date		 Form Insider Ticker Security Title Code 10b5-1 Direct Exercise
Price		 Unit
Price		 Units
Changed		 Value
Changed (1K)		 Remaining
Options		 Remaining
Shares
2026-06-05 2026-06-05 4 Chybowski Joseph M. BWB Common Stock S - Sale D 18.9594 -7,000 -133 118,501
2026-06-05 2026-06-05 4 Chybowski Joseph M. BWB Common Stock M - Exercise D 7.4700 7,000 52 125,501
2026-02-04 2026-02-03 4 Chybowski Joseph M. BWB Common Stock A - Award D 15,570 118,501
2026-02-04 2026-02-03 4 Chybowski Joseph M. BWB Common Stock F - Taxes D 19.5400 -786 -15 102,931
2026-02-04 2026-02-02 4 Chybowski Joseph M. BWB Common Stock F - Taxes D 19.6300 -1,632 -32 103,717
2025-12-12 2025-12-10 4 Chybowski Joseph M. BWB Common Stock S - Sale D 18.0490 -5,211 -94 105,349
2025-12-12 2025-12-10 4 Chybowski Joseph M. BWB Common Stock M - Exercise D 7.4700 6,000 45 110,560
2025-12-09 2025-12-09 4 Chybowski Joseph M. BWB Common Stock S - Sale D 17.9867 -6,780 -122 104,560
2025-12-09 2025-12-06 4 Chybowski Joseph M. BWB Common Stock F - Taxes D 17.8400 -732 -13 111,340
2025-04-16 2025-04-15 4 Chybowski Joseph M. BWB Common Stock M - Exercise D 7.4700 2,500 19 112,072
2025-02-04 2025-02-03 4 Chybowski Joseph M. BWB Common Stock A - Award D 10,275 109,572
2025-02-04 2025-02-02 4 Chybowski Joseph M. BWB Common Stock F - Taxes D 14.1200 -1,619 -23 99,297
2025-01-16 2025-01-15 4 Chybowski Joseph M. BWB Common Stock M - Exercise D 7.4700 2,500 19 100,916
2024-12-12 2024-12-11 4 Chybowski Joseph M. BWB Common Stock S - Sale D 15.5100 -3,000 -47 98,416
2024-12-09 2024-12-07 4 Chybowski Joseph M. BWB Common Stock F - Taxes D 15.1300 -905 -14 101,416
2024-12-09 2024-12-06 4 Chybowski Joseph M. BWB Common Stock F - Taxes D 15.1300 -732 -11 102,321
2024-02-05 2024-02-02 4 Chybowski Joseph M. BWB Common Stock F - Taxes D 11.8900 -999 -12 103,053
2024-02-05 2024-02-02 4 Chybowski Joseph M. BWB Common Stock A - Award D 9,236 104,052
2023-12-08 2023-12-07 4 Chybowski Joseph M. BWB Common Stock F - Taxes D 11.1000 -905 -10 94,816
2023-12-08 2023-12-06 4 Chybowski Joseph M. BWB Common Stock F - Taxes D 11.0000 -1,396 -15 95,721
2023-09-14 2023-09-14 4 Chybowski Joseph M. BWB Common Stock P - Purchase D 10.1669 1,500 15 97,117
2023-05-15 2023-05-12 4 Chybowski Joseph M. BWB Common Stock P - Purchase D 8.0422 10,000 80 95,617
2023-03-13 2023-03-09 4 Chybowski Joseph M. BWB Common Stock M - Exercise D 7.4700 2,500 19 85,617
2023-02-03 2023-02-02 4 Chybowski Joseph M. BWB Common Stock A - Award D 12,082 83,117
2022-12-27 2022-12-23 4 Chybowski Joseph M. BWB Common Stock M - Exercise D 3.5800 6,000 21 71,035
2022-12-08 2022-12-07 4 Chybowski Joseph M. BWB Common Stock F - Taxes D 18.6100 -905 -17 65,035
2022-12-08 2022-12-06 4 Chybowski Joseph M. BWB Common Stock F - Taxes D 18.7200 -1,396 -26 65,940
2022-02-02 2022-02-01 4 Chybowski Joseph M. BWB Option to buy A - Award D 17.50 20,000 20,000
2022-02-02 2022-02-01 4 Chybowski Joseph M. BWB Option to buy A - Award D 17.50 30,000 30,000
2021-12-14 2021-12-13 4 Chybowski Joseph M. BWB Option to buy X - Other D 3.58 -3,000 6,000
2021-12-14 2021-12-13 4 Chybowski Joseph M. BWB Common Stock M - Exercise D 3.5800 3,000 11 67,336
2021-12-07 2021-12-06 4 Chybowski Joseph M. BWB Common Stock A - Award D 9,560 64,336
2021-08-17 2021-08-17 4 Chybowski Joseph M. BWB Depositary Shares P - Purchase D 25.0000 720 18 720
2021-05-06 2021-05-05 4 Chybowski Joseph M. BWB Option to buy X - Other D 3.58 -3,500 9,000
2021-05-06 2021-05-05 4 Chybowski Joseph M. BWB Common Stock M - Exercise D 3.5800 3,500 13 54,776
2021-02-03 2021-02-02 4 Chybowski Joseph M. BWB Common Stock P - Purchase D 13.6100 366 5 51,276
2020-12-14 2020-12-11 4 Chybowski Joseph M. BWB Option to buy X - Other D 3.58 -7,500 12,500
2020-12-14 2020-12-11 4 Chybowski Joseph M. BWB Common Stock M - Exercise D 3.5800 7,500 27 50,910
2020-12-07 2020-12-07 4 Chybowski Joseph M. BWB Common Stock A - Award D 11,820 43,410
2020-11-03 2020-11-03 4 Chybowski Joseph M. BWB Common Stock P - Purchase D 11.7500 423 5 31,590
2020-07-30 2020-07-30 4 Chybowski Joseph M. BWB Common Stock P - Purchase D 9.2300 500 5 31,167
2020-04-30 2020-04-30 4 Chybowski Joseph M. BWB Common Stock P - Purchase D 10.1400 500 5 30,667
2020-01-30 2020-01-30 4 Chybowski Joseph M. BWB Common Stock P - Purchase D 13.3500 500 7 30,167
2019-12-23 2019-12-20 4 Chybowski Joseph M. BWB Option to buy X - Other D 3.58 -5,000 20,000
2019-12-23 2019-12-20 4 Chybowski Joseph M. BWB Common Stock M - Exercise D 3.5800 5,000 18 29,667
2019-12-10 2019-12-06 4 Chybowski Joseph M. BWB Option to buy A - Award D 12.92 -23,000 23,000
2019-12-10 2019-12-06 4 Chybowski Joseph M. BWB Common Stock A - Award D 8,667 24,667
2019-10-30 2019-10-30 4 Chybowski Joseph M. BWB Common Stock P - Purchase D 12.5472 500 6 16,000
2019-09-03 2019-08-30 4 Chybowski Joseph M. BWB Common Stock P - Purchase D 11.3000 500 6 15,500
2018-11-01 2018-10-31 4 Chybowski Joseph M. BWB Common Stock P - Purchase D 11.0525 1,000 11 13,000
2018-03-19 2018-03-16 4 Chybowski Joseph M. BWB Common Stock P - Purchase D 11.7500 2,000 24 15,000
2018-03-19 2017-10-01 4 Chybowski Joseph M. BWB Option to buy A - Award D 7.47 150,000 175,000
2018-03-13 3 Chybowski Joseph M. BWB Common Stock D 23,000
2018-03-13 3 Chybowski Joseph M. By Spouse IRA BWB Common Stock I 14,000
2018-03-13 3 Chybowski Joseph M. By IRA BWB Common Stock I 15,000
2018-03-13 3 Chybowski Joseph M. BWB Common Stock D 23,000
2018-03-13 3 Chybowski Joseph M. By Spouse IRA BWB Common Stock I 14,000
2018-03-13 3 Chybowski Joseph M. By IRA BWB Common Stock I 15,000
P
Compra de mercado aberto ou privada de ativo não-derivativo ou derivativo
S
Venda de mercado aberto ou privada de ativo não-derivativo ou derivativo
A
Concessão, premiação, ou outra aquisição de ativos da empresa (como uma opção)
C
Conversão de derivativo
D
Venda ou transferência de ativos de volta para a empresa
F
Pagamento do preço de exercício ou responsabilidade fiscal utilizando parte dos ativos recebidos da empresa
G
Doação de ativos pelo ou para o insider
K
Swaps de capital e transações de hedge similares
M
Exercício ou conversão de ativo derivativo recebido da empresa (como uma opção)
V
Uma transação voluntariamente reportada no Formulário 4
J
Outro (acompanhado de uma nota explicativa descrevendo a transação)