### Bridgewater Bancshares Executives Engage in Significant Stock Sales Amid Market Activity Recent insider trading activity at Bridgewater Bancshares, Inc. (NASDAQ:BWB) has raised eyebrows as key executives, including the President & CFO Joseph M. Chybowski and CEO Jerry Baack, have sold substantial amounts of company stock. This trend of insider selling could indicate various strategic decisions or market sentiments within the company. - On December 10, 2025, Joseph M. Chybowski sold **5,211 shares** at an average price of **$18.049**, totaling **$94,053**. Post-transaction, he retains **105,349 shares** directly and **1,000 shares** indirectly [https://www.tradingview.com/news/tradingview:87f9cb9289b63:0-bridgewater-bancshares-executive-sells-shares]. - Earlier, on December 9, 2025, CEO Jerry Baack sold **13,039 shares** for **$234,310.83** at an average price of **$17.97**. After this sale, he holds **1,162,264 shares** [https://www.dailypolitical.com/2025/12/12/insider-selling-bridgewater-bancshares-nasdaqbwb-ceo-sells-234310-83-in-stock.html]. - Additionally, on December 8, Baack sold **14,058 shares** for **$251,778.78** at an average price of **$17.91** [https://baseballnewssource.com/2025/12/12/insider-selling-bridgewater-bancshares-nasdaqbwb-ceo-sells-251778-78-in-stock/10970808.html]. - Other executives, including Director Jeffrey Shellberg, also participated in selling activities, with Shellberg selling **21,936 shares** for **$390,022.08** on December 9, 2025 [https://transcriptdaily.com/2025/12/10/jeffrey-shellberg-sells-21936-shares-of-bridgewater-bancshares-nasdaqbwb-stock.html]. ### Breakdown of Insider Selling Activities 1. **Joseph M. Chybowski's Transactions**: - Sold **5,211 shares** on December 10, 2025, for **$94,053** at **$18.049** per share. - Previously sold **6,780 shares** on December 9, 2025, for **$121,972.20** at **$17.99** per share [https://zolmax.com/investing/joseph-chybowski-sells-6780-shares-of-bridgewater-bancshares-nasdaqbwb-stock/11700993.html]. 2. **Jerry Baack's Transactions**: - Sold **13,039 shares** on December 9, 2025, for **$234,310.83** at **$17.97** per share. - Sold **14,058 shares** on December 8, 2025, for **$251,778.78** at **$17.91** per share [https://www.thestockobserver.com/2025/12/10/bridgewater-bancshares-nasdaqbwb-ceo-jerry-baack-sells-13039-shares-of-stock.html]. 3. **Jeffrey Shellberg's Transactions**: - Sold **21,936 shares** on December 9, 2025, for **$390,022.08** at **$17.78** per share [https://www.themarketsdaily.com/2025/12/10/bridgewater-bancshares-nasdaqbwb-director-jeffrey-shellberg-sells-21936-shares.html]. ### Summary of Insider Trading at Bridgewater Bancshares The recent insider selling at Bridgewater Bancshares highlights a significant movement among its executives, with substantial shares being sold over a short period. 1. **Chybowski and Baack have sold a combined total of over $370,000 in stock** within just a few days, indicating a potential shift in their personal investment strategies or a response to market conditions. 2. **The stock prices at which these shares were sold ranged from $17.63 to $18.05**, reflecting a relatively stable price point during this period of selling. 3. **The total shares sold by Chybowski, Baack, and Shellberg amount to over 60,000 shares**, which could impact investor sentiment and market perception of the company moving forward. In conclusion, while insider selling can sometimes be interpreted as a negative signal regarding a company's future prospects, it is essential to consider the broader context and motivations behind these transactions. The actions of Bridgewater Bancshares' executives warrant close monitoring as they may influence investor confidence and stock performance in the near term.