X0609 4 2026-08-31 0001341317 Bridgewater Bancshares Inc BWB 0001732717 Shellberg Jeffrey D. false C/O BRIDGEWATER BANCSHARES, INC. 4450 EXCELSIOR BLVD., SUITE 100 ST. LOUIS PARK MN 55416 true false false false 0 Common Stock 2026-08-31 4 M 0 16100 17.50 A 82287 D Common Stock 2026-08-31 4 M 0 6250 12.92 A 88537 D Common Stock 2026-08-31 4 F 0 17206 21.07 D 71331 D Common Stock 355000 I By Trust Common Stock 87000 I By Trust Common Stock 25000 I By Trust Option to buy 17.50 2026-08-31 4 M 0 16100 0 D 2032-02-01 Common Stock 16100 3900 D Option to buy 12.92 2026-08-31 4 M 0 6250 0 D 2029-12-06 Common Stock 6250 18750 D Option to buy 7.47 2027-09-30 Common Stock 95118 95118 D Shares of common stock are held by Mr. Shellberg as trustee of the Jeffrey D. Shellberg Trust under agreement dated October 1, 2014. Mr. Shellberg possesses voting and investment power with respect to the shares of common stock held by the Jeffrey D. Shellberg Trust under agreement dated October 1, 2014. Shares of common stock are held by Mr. Shellberg as trustee of the Susan K Shellberg Family Trust dated July 16, 2024. Mr. Shellberg possesses voting and investment power with respect to the shares of common stock held by the Susan K. Shellberg Family Trust dated July 16, 2024. Shares of common stock are held by Mr. Shellberg as trustee of the Susan K. Shellberg Marital Trust dated July 16, 2024. Mr. Shellberg possesses voting and investment power with respect to the shares of common stock held by the Susan K. Shellberg Marital Trust dated July 16, 2024. Options to buy granted under the 2017 Combined Incentive and Non-Statutory Stock Option Plan. Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 2/1/2022. Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 12/6/2019. Options exercisable in 20% increments on the first five anniversaries of the date of the grant which was 10/1/2017. /s/ Ben Klocke, Attorney-in-Fact 2026-09-01