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Subsequent Events
3 Months Ended
Mar. 31, 2026
Subsequent Events  
Subsequent Events

Note 13: Subsequent Events

On April 21, 2026, the Company’s Board of Directors announced a quarterly cash dividend of $36.72 per share ($0.3672 per depositary share) on its 5.875% Non-Cumulative Perpetual Preferred Stock, Series A (“Series A Preferred Stock”), payable on June 1, 2026, to shareholders of record on the Series A Preferred Stock at the close of business on May 15, 2026.

On April 28, 2026, the Company’s shareholders approved the Bridgewater Bancshares, Inc. 2026 Equity Incentive Plan (the “2026 Plan”). Under the 2026 Plan, the Company may issue various types of equity awards including, but not limited to, incentive stock options, nonqualified stock options, stock appreciation rights, restricted stock and stock-based awards, as well as cash-based awards to its directors, officers, and employees for up to 1,500,000 shares of common stock. There are currently no awards outstanding under the 2026 Plan.