Bridgewater Bancshares Inc. Files Definitive Proxy Statement

Ticker: BWBBP · Form: DEF 14A · Filed: Mar 11, 2024 · CIK: 1341317

Bridgewater Bancshares INC DEF 14A Filing Summary
FieldDetail
CompanyBridgewater Bancshares INC (BWBBP)
Form TypeDEF 14A
Filed DateMar 11, 2024
Risk Levellow
Pages16
Reading Time19 min
Sentimentneutral

Sentiment: neutral

Topics: Proxy Statement, DEF 14A, Bridgewater Bancshares, Executive Compensation, Shareholder Meeting

TL;DR

<b>Bridgewater Bancshares Inc. has filed its Definitive Proxy Statement (DEF 14A) on March 11, 2024.</b>

AI Summary

Bridgewater Bancshares Inc (BWBBP) filed a Proxy Statement (DEF 14A) with the SEC on March 11, 2024. Filing is a DEF 14A filed on March 11, 2024, for the period ending April 23, 2024. Company's fiscal year ends on December 31. Business and mailing address is 4450 Excelsior Blvd., Suite 100, St. Louis Park, MN 55416. Business phone number is (952) 893-6868. Incorporated in Minnesota (MN).

Why It Matters

For investors and stakeholders tracking Bridgewater Bancshares Inc, this filing contains several important signals. This filing provides detailed information regarding the company's annual meeting of shareholders and related matters, including executive compensation and director nominations. Shareholders can review proposals, executive compensation details, and voting information to make informed decisions.

Risk Assessment

Risk Level: low — Bridgewater Bancshares Inc shows low risk based on this filing. The filing is a routine proxy statement (DEF 14A) and does not contain new financial performance data or significant strategic changes, indicating a low level of immediate risk.

Analyst Insight

Review the proxy statement for details on executive compensation, director elections, and any shareholder proposals to understand management's strategy and governance.

Key Numbers

Key Players & Entities

FAQ

When did Bridgewater Bancshares Inc file this DEF 14A?

Bridgewater Bancshares Inc filed this Proxy Statement (DEF 14A) with the SEC on March 11, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Bridgewater Bancshares Inc (BWBBP).

Where can I read the original DEF 14A filing from Bridgewater Bancshares Inc?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Bridgewater Bancshares Inc.

What are the key takeaways from Bridgewater Bancshares Inc's DEF 14A?

Bridgewater Bancshares Inc filed this DEF 14A on March 11, 2024. Key takeaways: Filing is a DEF 14A filed on March 11, 2024, for the period ending April 23, 2024.. Company's fiscal year ends on December 31.. Business and mailing address is 4450 Excelsior Blvd., Suite 100, St. Louis Park, MN 55416..

Is Bridgewater Bancshares Inc a risky investment based on this filing?

Based on this DEF 14A, Bridgewater Bancshares Inc presents a relatively low-risk profile. The filing is a routine proxy statement (DEF 14A) and does not contain new financial performance data or significant strategic changes, indicating a low level of immediate risk.

What should investors do after reading Bridgewater Bancshares Inc's DEF 14A?

Review the proxy statement for details on executive compensation, director elections, and any shareholder proposals to understand management's strategy and governance. The overall sentiment from this filing is neutral.

How does Bridgewater Bancshares Inc compare to its industry peers?

Bridgewater Bancshares Inc. operates within the commercial banking sector, providing financial services to individuals and businesses.

Are there regulatory concerns for Bridgewater Bancshares Inc?

As a publicly traded company, Bridgewater Bancshares Inc. is subject to SEC regulations, including the requirement to file proxy statements for shareholder meetings.

Industry Context

Bridgewater Bancshares Inc. operates within the commercial banking sector, providing financial services to individuals and businesses.

Regulatory Implications

As a publicly traded company, Bridgewater Bancshares Inc. is subject to SEC regulations, including the requirement to file proxy statements for shareholder meetings.

What Investors Should Do

  1. Review the proxy statement for details on director nominees and voting procedures.
  2. Analyze executive compensation packages and any proposed amendments.
  3. Examine any shareholder proposals and the company's recommendation.

Key Dates

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine disclosure for annual shareholder meetings and does not represent a change from previous filings in terms of format or purpose.

Filing Stats: 4,774 words · 19 min read · ~16 pages · Grade level 12.9 · Accepted 2024-03-11 12:18:10

Filing Documents

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS 29 DELINQUENT SECTION 16(a) REPORTS 32 COMPENSATION DISCUSSION AND ANALYSIS 33

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 42 Summary Compensation Table 42 Grants of Plan-Based Awards 43 Outstanding Equity Awards at Fiscal Year End 44 Option Exercises and Stock Vested 45 Nonqualified Deferred Compensation 46 Potential Payments Upon Termination 47 COMPENSATION COMMITTEE REPORT 48 CEO PAY RATIO 49 PAY VERSUS PERFORMANCE 50 PROPOSAL 2 – NON-BINDING ADVISORY VOTE ON NAMED EXECUTIVE OFFICER COMPENSATION 53 PROPOSAL 3 – NON-BINDING ADVISORY VOTE ON THE FREQUENCY OF FUTURE SHAREHOLDER ADVISORY VOTES ON NAMED EXECUTIVE OFFICER COMPENSATION 54 AUDIT COMMITTEE REPORT 55 PROPOSAL 4 – RATIFICATION OF THE APPOINTMENT OF RSM US LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 56 2024 Proxy Statement 1 Table of Contents BRIDGEWATER BANCSHARES, INC. PROXY STATEMENT ANNUAL MEETING OF SHAREHOLDERS APRIL 23, 2024 These proxy materials are furnished in connection with the solicitation by the Board of Directors (the "Board") of Bridgewater Bancshares, Inc. (the "Company") of proxies to be used at the 2024 annual meeting of shareholders of the Company, to be held virtually on Tuesday, April 23, 2024 at 2:00 p.m., Central Time, and at any adjournments or postponements of such meeting. There will not be a physical meeting at the Company's principal executive office. You will be able to attend the meeting online, vote your shares electronically, and submit your questions during the meeting by visiting: www.virtualshareholdermeeting.com/BWB2024. A complete list of the shareholders entitled to vote at the 2024 annual meeting of shareholders will be kept on file at the Company's principal executive office, located at 4450 Excelsior Blvd., Suite 100, St. Louis Park, Minnesota 55416 and will be available during the virtual meeting. The Company is a Minnesota corporation and a registered financial holding company, which owns all of the issued and outstanding capital stock of Bridgewater Bank, a Minnesota state-chartered

View Full Filing

View this DEF 14A filing on SEC EDGAR

View on Read The Filing