Insider selling at 0.08% of market cap is routine and not actionable. The small director purchase is negligible. Monitor next quarterly filing for any fundamental deterioration, but this cluster alone does not warrant a position change.
Price Chart
Executive Summary
Three insiders at Bridgewater Bancshares traded within a week: Director Crocker made a small $4K open-market purchase, while COO Salazar and Director Shellberg sold a combined $228K in open-market sales. The selling volume is modest at ~0.05% of market cap, indicating routine portfolio diversification rather than a material negative signal.
Key Financial Metrics
Key Facts
- Director Crocker purchased 205 shares at $20 for $4,100 on May 11
- COO Salazar sold 4,162 shares at $18.55 for $77,211 on May 8
- Director Shellberg sold 17,426 shares total at ~$18.45 for $321,523 across May 6-7
- Total open-market selling of $398,734 vs. buying of $4,100; net selling of $394,634
- Total cluster value of $402,834 represents ~0.08% of BWB's $502M market cap
Financial Impact
Total insider selling of ~$399K, or 0.08% of market cap — well below the 0.1% materiality threshold
Risk Factors
- Insider selling could accelerate if Q2 results disappoint
- No C-suite buying to offset selling pattern
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BWB-1778620393822 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 6d ago | 8-K | $20.13 $20.67 | ▲ +2.68% | ▲ +3.86% | $20.58 (+2.24%) |
Aug 25, 2026 8w ago | Insider Cluster | $21.16 $21.32 | ▼ −0.76% | ▼ −0.10% | $20.58 (+2.74%) |
Aug 14, 2026 10w ago | Insider Cluster | $22.33 $22.35 | ▲ +0.09% | ▲ +0.77% | $20.58 (−7.84%) |
Aug 10, 2026 11w ago | Insider Cluster | $21.71 $22.01 | ▲ +1.38% | ▲ +1.13% | $20.58 (−5.20%) |
Aug 5, 2026 11w ago | Insider Cluster | $21.24 $21.64 | ▼ −1.88% | ▼ −1.27% | $20.58 (+3.11%) |
Aug 3, 2026 12w ago | Insider Cluster | $20.96 $21.07 | ▲ +0.52% | ▲ +0.72% | $20.58 (−1.81%) |
Jun 8, 2026 20w ago | Insider Cluster | $19.58 $19.63 | ▲ +0.26% | ▲ +1.83% | $20.58 (+5.11%) |
May 22, 2026 22w ago | Insider Cluster | $19.00 $18.82 | ▼ −0.95% | ▼ −0.96% | $20.58 (+8.32%) |
May 7, 2026 24w ago | Insider Cluster | $18.51 $18.52 | ▲ +0.05% | ▼ −0.78% | $20.58 (+11.18%) |
May 7, 2026 24w ago | Insider Cluster | $18.51 $18.52 | ▲ +0.05% | ▼ −0.78% | $20.58 (+11.18%) |
US Market Status
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