Executive Exodus at Bridgewater Bancshares Raises Investor Concerns

A significant divergence is emerging at Bridgewater Bancshares, where attractive yields on preferred shares contrast sharply with a wave of insider selling activity. This trend has placed the financial institution under intense market scrutiny as leadership appears to be reducing their stakes.

Recent regulatory filings reveal a notable transaction by Mary Jayne Crocker, Executive Vice President and Chief Strategy Officer. On November 10, she disposed of 8,957 common shares at $16.75 per share, generating $150,029 in proceeds. Following this sale, her direct holdings now stand at 203,105 shares.

The broader picture over the past twelve months presents an even starker contrast: while corporate insiders purchased securities worth $531,400, they simultaneously offloaded holdings valued at a substantial $4.22 million. Read more...