<SEC-DOCUMENT>0001415889-25-003522.txt : 20250210
<SEC-HEADER>0001415889-25-003522.hdr.sgml : 20250210
<ACCEPTANCE-DATETIME>20250210173847
ACCESSION NUMBER:		0001415889-25-003522
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250210
DATE AS OF CHANGE:		20250210

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Bridgewater Bancshares Inc
		CENTRAL INDEX KEY:			0001341317
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		ORGANIZATION NAME:           	02 Finance
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-90425
		FILM NUMBER:		25606891

	BUSINESS ADDRESS:	
		STREET 1:		4450 EXCELSIOR BLVD.
		STREET 2:		SUITE 100
		CITY:			ST. LOUIS PARK
		STATE:			MN
		ZIP:			55416
		BUSINESS PHONE:		(952) 893-6868

	MAIL ADDRESS:	
		STREET 1:		4450 EXCELSIOR BLVD.
		STREET 2:		SUITE 100
		CITY:			ST. LOUIS PARK
		STATE:			MN
		ZIP:			55416

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Baack Jerry J.
		CENTRAL INDEX KEY:			0001733126
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	MAIL ADDRESS:	
		STREET 1:		4450 EXCELSIOR BLVD.
		STREET 2:		SUITE 100
		CITY:			ST. LOUIS PARK
		STATE:			MN
		ZIP:			55416
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
	    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001733126</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>





    </filerInfo>
  </headerData>

  <formData>
    <coverPageHeader>
		<amendmentNo>2</amendmentNo>
	      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>12/31/2024</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001341317</issuerCik>        <issuerName>BRIDGEWATER BANCSHARES, INC.</issuerName>        <issuerCusip>108621103</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>4450 Excelsior Blvd., Suite 100</com:street1>
                    <com:city>St. Louis Park</com:city>
          <com:stateOrCountry>MN</com:stateOrCountry>
          <com:zipCode>55416</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>

	        <designateRulesPursuantThisScheduleFiled>
	           <designateRulePursuantThisScheduleFiled>Rule 13d-1(d)</designateRulePursuantThisScheduleFiled>
						      </designateRulesPursuantThisScheduleFiled>

    </coverPageHeader>

	    <coverPageHeaderReportingPersonDetails>




    <reportingPersonName>Jerry Baack</reportingPersonName>



		 <citizenshipOrOrganization>X1</citizenshipOrOrganization>

      <reportingPersonBeneficiallyOwnedNumberOfShares>
                <soleVotingPower>1485805.00</soleVotingPower>
                          <sharedVotingPower>7000.00</sharedVotingPower>
                          <soleDispositivePower>1485805.00</soleDispositivePower>
                         <sharedDispositivePower>7000.00</sharedDispositivePower>
             </reportingPersonBeneficiallyOwnedNumberOfShares>

              <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>1492805.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>


     	    <classPercent>5.4</classPercent>










	        <typeOfReportingPerson>IN</typeOfReportingPerson>




    </coverPageHeaderReportingPersonDetails>

    <items>
      <item1>
        <issuerName>BRIDGEWATER BANCSHARES, INC.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>4450 Excelsior Blvd., Suite 100, St. Louis Park, MN, 55416.</issuerPrincipalExecutiveOfficeAddress>
      </item1>

      <item2>
        <filingPersonName>Jerry Baack</filingPersonName>        <principalBusinessOfficeOrResidenceAddress>4450 Excelsior Blvd., Suite 100, St. Louis Park, MN 55416</principalBusinessOfficeOrResidenceAddress>        <citizenship>United States</citizenship>      </item2>




    <item4>
    <amountBeneficiallyOwned>See the responses to Item 9 on the attached cover pages.</amountBeneficiallyOwned>    <classPercent>See the responses to Item 11 on the attached cover pages.

Such response is based on 27,552,449 shares of common stock outstanding as of December 31, 2024, as reflected in the Issuer's Form 8-K dated January 29, 2025, as filed by the Issuer with the U.S. Securities and Exchange Commission on January 29, 2025.  </classPercent>
      <numberOfSharesPersonHas>
        <solePowerOrDirectToVote>See the responses to Item 5 on the attached cover pages.

Such response (i) includes 290,000 shares of common stock underlying options that are currently exercisable or are exercisable within 60 days of December 31, 2024 and excludes 25,000 shares of common stock underlying options that are subject to vesting; (ii) includes 9,928 shares of restricted stock units that will vest within 60 days of December 31, 2024 and excludes 28,709 shares of restricted stock units that will not vest within 60 days of December 31, 2024; and (iii) includes 3,000 shares held by Mr. Baack as custodian for children.</solePowerOrDirectToVote>
        <sharedPowerOrDirectToVote>See the responses to Item 6 on the attached cover pages.

Such response includes 7,000 shares held jointly with Mr. Baack's spouse. </sharedPowerOrDirectToVote>
        <solePowerOrDirectToDispose>See the responses to Item 7 on the attached cover pages.

Such response (i) includes 290,000 shares of common stock underlying options that are currently exercisable or are exercisable within 60 days of December 31, 2024 and excludes 25,000 shares of common stock underlying options that are subject to vesting; (ii) includes 9,928 shares of restricted stock units that will vest within 60 days of December 31, 2024 and excludes 28,709 shares of restricted stock units that will not vest within 60 days of December 31, 2024; and (iii) includes 3,000 shares held by Mr. Baack as custodian for children.</solePowerOrDirectToDispose>
        <sharedPowerOrDirectToDispose>See the responses to Item 8 on the attached cover pages.

Such response includes 7,000 shares held jointly with Mr. Baack's spouse. </sharedPowerOrDirectToDispose>
      </numberOfSharesPersonHas>
    </item4>




        <item6>
	  	  <notApplicableFlag>Y</notApplicableFlag>
		        </item6>


        <item7>
	  	  <notApplicableFlag>Y</notApplicableFlag>


    </item7>


          <item8>
                <notApplicableFlag>Y</notApplicableFlag>

              </item8>


            <item9>
                <notApplicableFlag>Y</notApplicableFlag>
                      </item9>


      <item10>
                    <notApplicableFlag>Y</notApplicableFlag>

      </item10>
    </items>


	    <signatureInformation>
      <reportingPersonName>Jerry Baack</reportingPersonName>

      <signatureDetails>
        <signature>/s/ Ben Klocke</signature>
        <title>Ben Klocke, attorney-in-fact for Jerry Baack*</title>
        <date>02/10/2025</date>
      </signatureDetails>

    </signatureInformation>


	 <signatureComments>*Duly authorized under Power of Attorney incorporated herein by reference to the exhibit to the Schedule 13G filed by Jerry J. Baack on February 7, 2023.</signatureComments>
  </formData>

    </edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
