Director-Affiliated Trust Files Intent to Sell $373K in Bridgewater Bancshares Stock

summarizeSummary

A trust affiliated with Director Jeffrey Shellberg at Bridgewater Bancshares has filed to sell $373,200 worth of stock, adding to recent insider sales and indicating continued insider distribution.

check_boxKey Events

• Director-Affiliated Trust Files Intent to Sell Shares

  Director Jeffrey Shellberg, through the Susan K. Shellberg Marital Trust, filed a Form 144 to sell 20,000 shares of common stock, valued at approximately $373,200.

• Follows Recent Insider Sales

  This proposed sale comes after the same trust sold 17,426 shares for over $321,000 in the past three months, indicating an ongoing pattern of insider distribution.

• Cumulative Insider Selling

  The combined proposed and recent sales by this director-affiliated entity amount to approximately $694,723, representing a notable disposition of shares.

auto_awesomeAnalysis

Director Jeffrey Shellberg, through the Susan K. Shellberg Marital Trust, has filed a Form 144 indicating an intent to sell 20,000 shares of Bridgewater Bancshares common stock, valued at approximately $373,200. This follows recent sales of 17,426 shares by the same trust in the past three months, totaling over $321,000. The cumulative intent and recent sales represent a notable disposition of shares by a director-affiliated entity, contributing to a broader pattern of insider distribution observed over the last 90 days.