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BRIDGEWATER BANCSHARES INC. 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings and BRIDGEWATER BANCSHARES INC.’s Form 8-K, filed 2024-04-26 (Item 5.07 on EDGAR). Page generated 04 October 2026.

8Reported items
144Asset managers
1,324Fund votes
2024-04-23Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore BRIDGEWATER BANCSHARES INC. in the interactive database Compare manager voting policies

Official 2023-2024 meeting results reported by BRIDGEWATER BANCSHARES INC.

These tallies are BRIDGEWATER BANCSHARES INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2024-04-26 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

BRIDGEWATER BANCSHARES INC. — official shareholder meeting results, meeting held 2024-04-23
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Jerry Baack	17,769,482	--	--	295,010	3,200,501	Majority: yes
Elect Director: Lisa Brezonik	17,240,378	--	--	824,114	3,200,501	Majority: yes
Elect Director: Mohammed Lawal	17,319,574	--	--	744,918	3,200,501	Majority: yes
Elect Director: Jeffrey Shellberg	17,771,735	--	--	292,757	3,200,501	Majority: yes
Proposal 2: The approval, on a non-binding advisory basis, of the 2023 executive compensation:	17,215,792	669,876	178,824	--	3,200,501	Majority: yes
Proposal 4: The ratification of the appointment of RSM US LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024:	21,253,733	10,511	749	--	--	Majority: yes

Source: BRIDGEWATER BANCSHARES INC., Form 8-K, filed with the SEC on 2024-04-26 — read the filing on EDGAR.

How asset managers voted at the BRIDGEWATER BANCSHARES INC. 2023-2024 meeting

Each item below shows how the 144 asset managers that disclosed a BRIDGEWATER BANCSHARES INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of BRIDGEWATER BANCSHARES INC.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Approve, on a non-binding advisory basis, the compensation paid to our named executive officers;

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Combines 6 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 17,215,792AGAINST: 669,876

BRIDGEWATER BANCSHARES INC.’s own tally for this item (“Proposal 2: The approval, on a non-binding advisory basis, of the 2023 executive compensation:”): 17,215,792 for, 669,876 against, per its Form 8-K filed 2024-04-26 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 27,589,827 outstanding shares: 62% for, 2% against (65% of the company cast a for/against vote).

The 142 asset managers below cast 95% of the shares they voted on this item FOR (14,013,482 for, 743,630 against).

FOR 95%

FOR: 14,013,482 (94.6%)AGAINST: 743,630 (5.0%)ABSTAIN: 59,812 (0.4%)

Largest asset managers voting on “Approve, on a non-binding advisory basis, the compensation paid to our named executive officers;” at BRIDGEWATER BANCSHARES INC., 2023-2024
Asset manager	For	Against	Vote
Thrivent	5,409,555	0	For
BlackRock	1,584,746	2,594	For
Vanguard	1,050,327	0	For
Dimensional	646,142	0	For
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.	586,300	0	For
American Century	0	527,863	Against
GEODE CAPITAL MANAGEMENT, LLC	456,753	0	For
Fidelity	433,080	0	For
AllianceBernstein	360,211	0	For
Renaissance	295,611	0	For
Stieven Capital Advisors, L.P.	294,537	0	For
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	230,229	0	For
Russell Investments	162,507	0	For
Invesco	149,607	0	For
KENNEDY CAPITAL MANAGEMENT LLC	147,949	0	For
State Street	134,332	3	For
MALTESE CAPITAL MANAGEMENT LLC	130,000	0	For
PARAMETRIC PORTFOLIO ASSOCIATES LLC	121,631	0	For
Gator Capital Management, LLC	119,926	0	For
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	117,298	0	For
ACADIAN ASSET MANAGEMENT LLC	110,794	0	For
Charles Schwab	110,580	0	For
Victory Capital	94,304	0	For
Ensign Peak Advisors, Inc	77,452	0	For
MELLON INVESTMENTS Corp	0	77,050	Against

Showing the 25 largest of 142 asset managers. See all 142 in the interactive database.

2. Vote, on a non-binding advisory basis, on how often we will hold advisory votes on the compensation paid to our named executive officers; and

SECTION 14A SAY-ON-PAY VOTES

Combines 4 wordings of this item as funds reported it.

99.9% fund support · no official result

ONE YEAR 85%10%

The 135 asset managers below cast 99.9% of the shares they voted on this item FOR (57,635 for, 10 against).

FOR: 57,635 (0.4%)AGAINST: 10 (0.0%)ABSTAIN: 59,812 (0.4%)ONE YEAR: 12,526,293 (84.7%)1 YEAR: 1,406,431 (9.5%)THREE YEARS: 650,490 (4.4%)3 YEARS: 89,056 (0.6%)

Largest asset managers voting on “Vote, on a non-binding advisory basis, on how often we will hold advisory votes on the compensation paid to ou” at BRIDGEWATER BANCSHARES INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
Thrivent	0	0	0	0	One Year
BlackRock	0	0	0	0	One Year
Vanguard	0	0	0	0	One Year
Dimensional	0	0	0	0	Three Years
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.	0	0	0	0	1 Year
American Century	0	0	0	0	One Year
GEODE CAPITAL MANAGEMENT, LLC	0	0	0	0	One Year
Fidelity	0	0	0	0	One Year
AllianceBernstein	0	0	0	0	One Year
Renaissance	0	0	0	0	One Year
Stieven Capital Advisors, L.P.	0	0	0	0	One Year
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	0	0	0	0	One Year
Russell Investments	0	0	0	0	1 Year
Invesco	0	0	0	0	One Year
KENNEDY CAPITAL MANAGEMENT LLC	0	0	0	0	One Year
State Street	0	0	0	0	One Year
MALTESE CAPITAL MANAGEMENT LLC	0	0	0	0	1 Year
PARAMETRIC PORTFOLIO ASSOCIATES LLC	0	0	0	0	One Year
Gator Capital Management, LLC	0	0	0	0	1 Year
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	0	0	0	0	One Year
ACADIAN ASSET MANAGEMENT LLC	0	0	0	0	One Year
Charles Schwab	0	0	0	0	1 Year
Victory Capital	0	0	0	0	One Year
Ensign Peak Advisors, Inc	0	0	0	0	3 Years
MELLON INVESTMENTS Corp	0	0	0	0	One Year

Showing the 25 largest of 135 asset managers. See all 135 in the interactive database.

3. Election of Directors: Jeffrey Shellberg

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 17,771,735WITHHELD: 292,757

BRIDGEWATER BANCSHARES INC.’s own tally for this item (“Elect Director: Jeffrey Shellberg”): 17,771,735 for, 292,757 withheld, per its Form 8-K filed 2024-04-26 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 27,589,827 outstanding shares: 64% for, 1% withheld (65% of the company cast a for/withheld vote).

The 56 asset managers below cast 100% of the shares they voted on this item FOR (6,883,507 for, 0 against).

FOR 99.5%

FOR: 6,883,507 (99.5%)ABSTAIN: 31,760 (0.5%)

Largest asset managers voting on “Election of Directors: Jeffrey Shellberg” at BRIDGEWATER BANCSHARES INC., 2023-2024
Asset manager	For	Abstain	Vote
Thrivent	2,697,484	0	For
Vanguard	1,033,568	0	For
BlackRock	903,212	0	For
Dimensional	523,418	0	For
Fidelity	431,712	0	For
American Century	263,549	0	For
Russell Investments	162,507	0	For
HOTCHKIS & WILEY FUNDS /DE/	74,590	0	For
Invesco	71,457	0	For
Charles Schwab	55,290	0	For
Principal	52,955	0	For
Equitable	52,838	0	For
TIAA	49,497	0	For
BRIDGEWAY FUNDS INC	47,500	0	For
State Street	44,801	2	For
Bridge Builder Trust	8,246	31,758	Abstain
Columbia Threadneedle	38,000	0	For
Victory Capital	37,152	0	For
QUANTITATIVE MASTER SERIES LLC	35,658	0	For
New York Life	29,786	0	For
CALDWELL & ORKIN FUNDS INC	24,000	0	For
Managed Portfolio Series	21,252	0	For
Prudential/PGIM	20,569	0	For
Lincoln Financial	20,148	0	For
RBC FUNDS TRUST	19,000	0	For

Showing the 25 largest of 56 asset managers. See all 56 in the interactive database.

4. Election of Directors: Jerry Baack

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 17,769,482WITHHELD: 295,010

BRIDGEWATER BANCSHARES INC.’s own tally for this item (“Elect Director: Jerry Baack”): 17,769,482 for, 295,010 withheld, per its Form 8-K filed 2024-04-26 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 27,589,827 outstanding shares: 64% for, 1% withheld (65% of the company cast a for/withheld vote).

The 56 asset managers below cast 100% of the shares they voted on this item FOR (6,874,103 for, 0 against).

FOR 99.4%

FOR: 6,874,103 (99.4%)ABSTAIN: 41,164 (0.6%)

Largest asset managers voting on “Election of Directors: Jerry Baack” at BRIDGEWATER BANCSHARES INC., 2023-2024
Asset manager	For	Abstain	Vote
Thrivent	2,697,484	0	For
Vanguard	1,033,568	0	For
BlackRock	903,212	0	For
Dimensional	523,418	0	For
Fidelity	431,712	0	For
American Century	263,549	0	For
Russell Investments	162,507	0	For
HOTCHKIS & WILEY FUNDS /DE/	74,590	0	For
Invesco	71,457	0	For
Charles Schwab	55,290	0	For
Principal	52,955	0	For
Equitable	52,838	0	For
TIAA	49,497	0	For
BRIDGEWAY FUNDS INC	47,500	0	For
State Street	44,801	2	For
Bridge Builder Trust	8,246	31,758	Abstain
Columbia Threadneedle	38,000	0	For
Victory Capital	37,152	0	For
QUANTITATIVE MASTER SERIES LLC	35,658	0	For
New York Life	29,786	0	For
CALDWELL & ORKIN FUNDS INC	24,000	0	For
Managed Portfolio Series	21,252	0	For
Prudential/PGIM	20,569	0	For
Lincoln Financial	20,148	0	For
RBC FUNDS TRUST	19,000	0	For

Showing the 25 largest of 56 asset managers. See all 56 in the interactive database.

5. Election of Directors: Lisa Brezonik

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 17,240,378WITHHELD: 824,114

BRIDGEWATER BANCSHARES INC.’s own tally for this item (“Elect Director: Lisa Brezonik”): 17,240,378 for, 824,114 withheld, per its Form 8-K filed 2024-04-26 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 27,589,827 outstanding shares: 62% for, 3% withheld (65% of the company cast a for/withheld vote).

The 56 asset managers below cast 100% of the shares they voted on this item FOR (6,607,400 for, 0 against).

FOR 96%

FOR: 6,607,400 (95.5%)ABSTAIN: 307,867 (4.5%)

Largest asset managers voting on “Election of Directors: Lisa Brezonik” at BRIDGEWATER BANCSHARES INC., 2023-2024
Asset manager	For	Abstain	Vote
Thrivent	2,697,484	0	For
Vanguard	1,033,568	0	For
BlackRock	903,212	0	For
Dimensional	523,418	0	For
Fidelity	431,712	0	For
American Century	263,549	0	For
Russell Investments	162,507	0	For
HOTCHKIS & WILEY FUNDS /DE/	74,590	0	For
Invesco	71,457	0	For
Charles Schwab	0	55,290	Abstain
Principal	52,955	0	For
Equitable	52,838	0	For
TIAA	0	49,497	Abstain
BRIDGEWAY FUNDS INC	0	47,500	Abstain
State Street	44,800	3	For
Bridge Builder Trust	8,246	31,758	Abstain
Columbia Threadneedle	0	38,000	Abstain
Victory Capital	37,152	0	For
QUANTITATIVE MASTER SERIES LLC	35,658	0	For
New York Life	29,786	0	For
CALDWELL & ORKIN FUNDS INC	24,000	0	For
Managed Portfolio Series	0	21,252	Abstain
Prudential/PGIM	20,569	0	For
Lincoln Financial	3,648	16,500	Abstain
RBC FUNDS TRUST	0	19,000	Abstain

Showing the 25 largest of 56 asset managers. See all 56 in the interactive database.

6. Election of Directors: Mohammed Lawal

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 17,319,574WITHHELD: 744,918

BRIDGEWATER BANCSHARES INC.’s own tally for this item (“Elect Director: Mohammed Lawal”): 17,319,574 for, 744,918 withheld, per its Form 8-K filed 2024-04-26 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 27,589,827 outstanding shares: 63% for, 3% withheld (65% of the company cast a for/withheld vote).

The 56 asset managers below cast 100% of the shares they voted on this item FOR (6,708,371 for, 0 against).

FOR 97%

FOR: 6,708,371 (97.0%)ABSTAIN: 206,896 (3.0%)

Largest asset managers voting on “Election of Directors: Mohammed Lawal” at BRIDGEWATER BANCSHARES INC., 2023-2024
Asset manager	For	Abstain	Vote
Thrivent	2,697,484	0	For
Vanguard	1,033,568	0	For
BlackRock	903,212	0	For
Dimensional	523,418	0	For
Fidelity	431,712	0	For
American Century	263,549	0	For
Russell Investments	162,507	0	For
HOTCHKIS & WILEY FUNDS /DE/	74,590	0	For
Invesco	71,457	0	For
Charles Schwab	55,290	0	For
Principal	52,955	0	For
Equitable	52,838	0	For
TIAA	0	49,497	Abstain
BRIDGEWAY FUNDS INC	0	47,500	Abstain
State Street	44,800	3	For
Bridge Builder Trust	8,246	31,758	Abstain
Columbia Threadneedle	0	38,000	Abstain
Victory Capital	37,152	0	For
QUANTITATIVE MASTER SERIES LLC	35,658	0	For
New York Life	29,786	0	For
CALDWELL & ORKIN FUNDS INC	24,000	0	For
Managed Portfolio Series	21,252	0	For
Prudential/PGIM	20,569	0	For
Lincoln Financial	20,148	0	For
RBC FUNDS TRUST	0	19,000	Abstain

Showing the 25 largest of 56 asset managers. See all 56 in the interactive database.

7. RATIFY THE APPOINTMENT OF RSM US LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2024.

AUDIT-RELATEDMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

99.9% Majority: yes · of votes cast

FOR 99.9%

FOR: 21,253,733AGAINST: 10,511

BRIDGEWATER BANCSHARES INC.’s own tally for this item (“Proposal 4: The ratification of the appointment of RSM US LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024:”): 21,253,733 for, 10,511 against, per its Form 8-K filed 2024-04-26 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 27,589,827 outstanding shares: 77% for, 0.1% against (77% of the company cast a for/against vote).

The 56 asset managers below cast 99.8% of the shares they voted on this item FOR (6,905,924 for, 9,343 against).

FOR 99.8%

FOR: 6,905,924 (99.9%)AGAINST: 9,343 (0.1%)

Largest asset managers voting on “RATIFY THE APPOINTMENT OF RSM US LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING ” at BRIDGEWATER BANCSHARES INC., 2023-2024
Asset manager	For	Vote
Thrivent	2,697,484	For
Vanguard	1,033,568	For
BlackRock	903,212	For
Dimensional	523,418	For
Fidelity	431,712	For
American Century	263,549	For
Russell Investments	162,507	For
HOTCHKIS & WILEY FUNDS /DE/	74,590	For
Invesco	71,457	For
Charles Schwab	55,290	For
Principal	52,955	For
Equitable	52,838	For
TIAA	49,497	For
BRIDGEWAY FUNDS INC	47,500	For
State Street	44,803	For
Bridge Builder Trust	40,004	For
Columbia Threadneedle	38,000	For
Victory Capital	37,152	For
QUANTITATIVE MASTER SERIES LLC	35,658	For
New York Life	29,786	For
CALDWELL & ORKIN FUNDS INC	24,000	For
Managed Portfolio Series	21,252	For
Prudential/PGIM	20,569	For
Lincoln Financial	20,148	For
RBC FUNDS TRUST	19,000	For

Showing the 25 largest of 56 asset managers. See all 56 in the interactive database.

8. Non-binding advisory vote on the frequency of future shareholder advisory votes on named executive officer compensation

SECTION 14A SAY-ON-PAY VOTES

— fund support · no official result

ONE YEAR 100%

No shares were cast for or against this item by the managers below — every disclosed position was an abstention or was not voted.

ONE YEAR: 512 (100.0%)

Largest asset managers voting on “Non-binding advisory vote on the frequency of future shareholder advisory votes on named executive officer com” at BRIDGEWATER BANCSHARES INC., 2023-2024
Asset manager	For	Against	Abstain	Withheld	Vote
Orion Porfolio Solutions, LLC	0	0	0	0	One Year
Orion Portfolio Solutions, LLC	0	0	0	0	One Year

Largest BRIDGEWATER BANCSHARES INC. shareholders voting in 2023-2024

Ranked by the number of BRIDGEWATER BANCSHARES INC. shares each manager voted on the most widely held ballot item of the 2023-2024 meeting, shown as a share of the 27,589,827 shares outstanding at the time of that meeting.

Top BRIDGEWATER BANCSHARES INC. shareholders by shares voted, 2023-2024
#	Asset manager	% of shares outstanding
1	Thrivent	19.61%
2	BlackRock	5.75%
3	Vanguard	3.81%
4	Dimensional	2.34%
5	PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.	2.13%
6	American Century	1.91%
7	GEODE CAPITAL MANAGEMENT, LLC	1.66%
8	Fidelity	1.57%
9	AllianceBernstein	1.31%
10	Renaissance	1.07%

Reported BRIDGEWATER BANCSHARES INC. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

BRIDGEWATER BANCSHARES INC. beneficial owners on record for the 2023-2024 proxy season
Holder	% outstanding	Disclosure
Thrivent Financial for Lutherans	9.72%	DEF14A
Castle Creek Capital Partners VIII, LP	8.00%	DEF14A
David B. Juran	5.80%	13G
David Juran	5.80%	DEF14A
BlackRock	5.72%	13F
Jerry J. Baack	5.41%	13G
Jerry Baack	5.30%	DEF14A
Todd Urness	4.22%	DEF14A
Vanguard Group	4.19%	13F
Jeffrey Shellberg	3.54%	DEF14A

Percentages above are of 27,589,827 shares outstanding, as reported by BRIDGEWATER BANCSHARES INC. on its Form 10-Q dated 2024-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from BRIDGEWATER BANCSHARES INC.’s 10-Q dated 2024-03-31. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.

At BRIDGEWATER BANCSHARES INC.'s shareholder meeting held 2024-04-23, in the 2023-2024 proxy season, 144 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,324 separate fund positions. Their filings are grouped here into 8 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Approve, on a non-binding advisory basis, the compensation paid to our named executive officers; — FOR was 96% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: BRIDGEWATER BANCSHARES INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on 2024-04-26.

BRIDGEWATER BANCSHARES INC. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.