{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-007064","form_type":"8-K","ticker":"BWB","cik":"0001341317","company_name":"Bridgewater Bancshares Inc","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.507586+00:00","generated_at":"2026-06-16T08:37:47.178453+00:00","sec_items":["5.02","5.03","5.07","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Bridgewater shareholders approve board declassification, increase to 15 directors, and new equity plan","bullets":["Declassification approved: 20.1M for, 60.5K against; max directors raised from 11 to 15 (22.5M for).","2023 Equity Incentive Plan approved (14.6M for, 5.6M against); authorizes up to 1.5M common shares.","Class II directors elected: Juran 18.6M, Trutna 18.1M, Urness 18.6M; no broker non-votes for directors.","RSM US LLP ratified as auditor for 2023 with 23.0M for, 30.4K against, 234.8K abstain.","Quorum of 23.3M shares (83.9% of outstanding) present at April 25 annual meeting."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-007064","json":"https://secwatch.observer/filing/0001558370-23-007064.json","markdown":"https://secwatch.observer/filing/0001558370-23-007064.md","text":"https://secwatch.observer/filing/0001558370-23-007064.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1341317/000155837023007064/0001558370-23-007064-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1341317/000155837023007064/bwb-20230427x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T08:37:47.178453+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3e597cec37d86be8e3643209ee46cdc8e7d74638","claim":"Bridgewater Bancshares Inc: Approved Third Amended and Restated Articles of Incorporation to declassify the board of directors and increase maximum directors from 11 to 15 (effective 2023-04-26).","evidence_excerpt":"The Third Amended and Restated Articles of Incorporation became effective on April 26, 2023 upon filing with the Minnesota Secretary of State.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1341317/000155837023007064/0001558370-23-007064-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-04-26"}],"fact_type":"governance_change"},{"claim_id":"a5ef8b63be21595a751d657040c8a5e56e0f5eeb","claim":"Bridgewater Bancshares Inc: Approved Second Amended and Restated Bylaws to declassify the board of directors and increase maximum directors from 11 to 15 (effective 2023-04-26).","evidence_excerpt":"The Third Amended and Restated Articles of Incorporation became effective on April 26, 2023 upon filing with the Minnesota Secretary of State.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1341317/000155837023007064/0001558370-23-007064-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2023-04-26"}],"fact_type":"governance_change"},{"claim_id":"532d79fb8d99cb8289bea89c360722952b053d86","claim":"Bridgewater Bancshares Inc shareholders approved Approval of the 2023 EIP at the 2023-04-25 meeting.","evidence_excerpt":"approval of the Third Amended and Restated Articles of Incorporation and Second Amended and Restated Bylaws to Declassify the Company’s Board of Directors: ​ ​ ​ ​ ​ ​ ​ Votes For ​ Votes Against ​ Abstentions ​ Broker Non-Votes 20,148,297 ​ 60,544 ​ 50,032 ​ 3,031,367 ​ Proposal 3 : The approval of the Third Amended and Restated Articles of Incorporation and Second Amended and Restated Bylaws to increase the maximum number of directors of the Company from eleven (11) to fifteen (15): ​ ​ ​ ​ ​ ​ ​ Votes For ​ Votes Against ​ Abstentions ​ Broker Non-Votes 22,471,721 ​ 575,244 ​ 243,275 ​ 0 ​ Proposal 4 : The approval of the 2023 EIP: ​ ​ ​ ​ ​ ​ ​ Votes For ​ Votes Against ​ Abstentions ​ Broker Non-Votes 14,576,925 ​ 5,596,525 ​ 85,423 ​ 3,031,367 ​ Proposal 5 : The ratification of the appointment of RSM US LLP as the Company’s independent registered public accounting firm for the year","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1341317/000155837023007064/0001558370-23-007064-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"equity plan"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-25"}],"fact_type":"shareholder_vote"},{"claim_id":"a4db49837f2d784a49c3e8afc960ca3b8e16720a","claim":"Bridgewater Bancshares Inc shareholders approved Approval of the Third Amended and Restated Articles of Incorporation and Second Amended and Restated Bylaws to Declassify the Company's Board of Directors at the 2023-04-25 meeting.","evidence_excerpt":"The approval of the Third Amended and Restated Articles of Incorporation and Second Amended and Restated Bylaws to Declassify the Company’s Board of Directors:","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1341317/000155837023007064/0001558370-23-007064-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"charter amendment"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-25"}],"fact_type":"shareholder_vote"},{"claim_id":"c394676ab3b2cf1585edeed46b95e7d5fbcad397","claim":"Bridgewater Bancshares Inc shareholders approved Approval of the Third Amended and Restated Articles of Incorporation and Second Amended and Restated Bylaws to increase the maximum number of directors of the Company from eleven (11) to fifteen (15) at the 2023-04-25 meeting.","evidence_excerpt":"The approval of the Third Amended and Restated Articles of Incorporation and Second Amended and Restated Bylaws to increase the maximum number of directors of the Company from eleven (11) to fifteen (15):","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1341317/000155837023007064/0001558370-23-007064-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"charter amendment"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-25"}],"fact_type":"shareholder_vote"},{"claim_id":"c4c4517e89957494e5c20e81f98fef70490d842a","claim":"Bridgewater Bancshares Inc shareholders approved Election of three Class II director nominees to serve a three-year term until the 2026 Annual Meeting of Shareholders at the 2023-04-25 meeting.","evidence_excerpt":"The election of three (3) Class II director nominees to serve a three-year term until the 2026 Annual Meeting of Shareholders or until their successors are duly elected and qualified:","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1341317/000155837023007064/0001558370-23-007064-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-25"}],"fact_type":"shareholder_vote"},{"claim_id":"f3e040849d22ca49a92bce3e911cd3b3665679ee","claim":"Bridgewater Bancshares Inc shareholders approved Ratification of the appointment of RSM US LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023 at the 2023-04-25 meeting.","evidence_excerpt":"The ratification of the appointment of RSM US LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023:","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1341317/000155837023007064/0001558370-23-007064-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-25"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}