<SEC-DOCUMENT>0001732715-25-000003.txt : 20251208
<SEC-HEADER>0001732715-25-000003.hdr.sgml : 20251208
<ACCEPTANCE-DATETIME>20251208180422
ACCESSION NUMBER:		0001732715-25-000003
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20251208
DATE AS OF CHANGE:		20251208

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
		EIN:				000000000
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-38412
		FILM NUMBER:		251557150

	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

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Chybowski Joseph M.
		CENTRAL INDEX KEY:			0001732715
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		144

	MAIL ADDRESS:	
		STREET 1:		4450 EXCELSIOR BLVD.
		STREET 2:		SUITE 100
		CITY:			ST. LOUIS PARK
		STATE:			MN
		ZIP:			55416
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
	<headerData>
        <submissionType>144</submissionType>
                <filerInfo>
            <filer>
                <filerCredentials>
                    <cik>0001732715</cik>
                    <ccc>XXXXXXXX</ccc>
                </filerCredentials>
            </filer>
        <liveTestFlag>LIVE</liveTestFlag>




                </filerInfo>
    </headerData>

     <formData>
        <issuerInfo>
            <issuerCik>0001341317</issuerCik>
			<issuerName>BRIDGEWATER BANCSHARES, INC.</issuerName>


			    <secFileNumber>001-38412</secFileNumber>


			<issuerAddress>
				<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>
			</issuerAddress>

			<issuerContactPhone>952-283-3750</issuerContactPhone>
			<nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Chybowski  Joseph</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>

			<relationshipsToIssuer>

				    <relationshipToIssuer>Officer</relationshipToIssuer>

			</relationshipsToIssuer>
		</issuerInfo>

				          <securitiesInformation>
			<securitiesClassTitle>Common Stock</securitiesClassTitle>
			<brokerOrMarketmakerDetails>
				<name>Northwestern Mutual </name>
				<address>
				<com:street1>225 South 6th Street </com:street1>
                				<com:street2>Ste. 4500</com:street2>
                				<com:city>Minneapolis</com:city>
				<com:stateOrCountry>MN</com:stateOrCountry>
				<com:zipCode>55402</com:zipCode>
				</address>
			</brokerOrMarketmakerDetails>
			<noOfUnitsSold>10333</noOfUnitsSold>
			<aggregateMarketValue>184134.06</aggregateMarketValue>
			<noOfUnitsOutstanding>27584732</noOfUnitsOutstanding>
			<approxSaleDate>12/09/2025</approxSaleDate>
			<securitiesExchangeName>NASDAQ</securitiesExchangeName>
		</securitiesInformation>
                     <securitiesInformation>
			<securitiesClassTitle>Common Stock</securitiesClassTitle>
			<brokerOrMarketmakerDetails>
				<name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
				<address>
				<com:street1>1 New York Plaza</com:street1>
                				<com:street2>8th Floor</com:street2>
                				<com:city>New York</com:city>
				<com:stateOrCountry>NY</com:stateOrCountry>
				<com:zipCode>10004</com:zipCode>
				</address>
			</brokerOrMarketmakerDetails>
			<noOfUnitsSold>1658</noOfUnitsSold>
			<aggregateMarketValue>29545.56</aggregateMarketValue>
			<noOfUnitsOutstanding>27584732</noOfUnitsOutstanding>
			<approxSaleDate>12/09/2025</approxSaleDate>
			<securitiesExchangeName>NASDAQ</securitiesExchangeName>
		</securitiesInformation>

    		       <securitiesToBeSold>
         <securitiesClassTitle>Common Stock</securitiesClassTitle>
         <acquiredDate>12/06/2021</acquiredDate>
         <natureOfAcquisitionTransaction>RSA</natureOfAcquisitionTransaction>
                  <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
                  <isGiftTransaction>N</isGiftTransaction>
		          <amountOfSecuritiesAcquired>2167</amountOfSecuritiesAcquired>
                  <paymentDate>12/06/2021</paymentDate>
                  <natureOfPayment>Equity Award Vesting</natureOfPayment>
      </securitiesToBeSold>
             <securitiesToBeSold>
         <securitiesClassTitle>Common Stock</securitiesClassTitle>
         <acquiredDate>12/07/2021</acquiredDate>
         <natureOfAcquisitionTransaction>RSU</natureOfAcquisitionTransaction>
                  <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
                  <isGiftTransaction>N</isGiftTransaction>
		          <amountOfSecuritiesAcquired>2955</amountOfSecuritiesAcquired>
                  <paymentDate>12/07/2021</paymentDate>
                  <natureOfPayment>Equity Award Vesting</natureOfPayment>
      </securitiesToBeSold>
             <securitiesToBeSold>
         <securitiesClassTitle>Common Stock</securitiesClassTitle>
         <acquiredDate>12/06/2022</acquiredDate>
         <natureOfAcquisitionTransaction>RSA</natureOfAcquisitionTransaction>
                  <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
                  <isGiftTransaction>N</isGiftTransaction>
		          <amountOfSecuritiesAcquired>1503</amountOfSecuritiesAcquired>
                  <paymentDate>12/06/2022</paymentDate>
                  <natureOfPayment>Equity Award Vesting</natureOfPayment>
      </securitiesToBeSold>
             <securitiesToBeSold>
         <securitiesClassTitle>Common Stock</securitiesClassTitle>
         <acquiredDate>12/06/2022</acquiredDate>
         <natureOfAcquisitionTransaction>RSU</natureOfAcquisitionTransaction>
                  <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
                  <isGiftTransaction>N</isGiftTransaction>
		          <amountOfSecuritiesAcquired>1658</amountOfSecuritiesAcquired>
                  <paymentDate>12/06/2022</paymentDate>
                  <natureOfPayment>Equity Award Vesting</natureOfPayment>
      </securitiesToBeSold>
             <securitiesToBeSold>
         <securitiesClassTitle>Common Stock</securitiesClassTitle>
         <acquiredDate>12/07/2022</acquiredDate>
         <natureOfAcquisitionTransaction>RSU</natureOfAcquisitionTransaction>
                  <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
                  <isGiftTransaction>N</isGiftTransaction>
		          <amountOfSecuritiesAcquired>2050</amountOfSecuritiesAcquired>
                  <paymentDate>12/07/2022</paymentDate>
                  <natureOfPayment>Equity Award Vesting</natureOfPayment>
      </securitiesToBeSold>
             <securitiesToBeSold>
         <securitiesClassTitle>Common Stock</securitiesClassTitle>
         <acquiredDate>12/06/2025</acquiredDate>
         <natureOfAcquisitionTransaction>RSU</natureOfAcquisitionTransaction>
                  <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
                  <isGiftTransaction>N</isGiftTransaction>
		          <amountOfSecuritiesAcquired>1658</amountOfSecuritiesAcquired>
                  <paymentDate>12/06/2025</paymentDate>
                  <natureOfPayment>Equity Award Vesting</natureOfPayment>
      </securitiesToBeSold>

    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>


    		<remarks>10,333 of the shares represented on this filing are being sold by Chelsea and Joseph Chybowski, acting jointly and 1,658 of the shares represented on this filing are being sold individually by Joseph Chybowski. </remarks>

        <noticeSignature>
            <noticeDate>12/08/2025</noticeDate>
                        <signature>  /s/ Ben Klocke, Attorney-in-Fact</signature>
        </noticeSignature>
	</formData>
    </edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
