4//SEC Filing
Raiford Daryl E 4
Accession 0001405026-25-000020
CIK 0001514416other
Filed
Dec 1, 7:00 PM ET
Accepted
Dec 2, 4:54 PM ET
Size
24.3 KB
Accession
0001405026-25-000020
Insider Transaction Report
Form 4
Bandwidth Inc.BAND
Raiford Daryl E
Chief Financial Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2025-11-28+3,142→ 79,037 total - Exercise/Conversion
Class A Common Stock
2025-11-28+5,731→ 84,768 total - Exercise/Conversion
Class A Common Stock
2025-11-28+24,680→ 109,448 total - Exercise/Conversion
Class A Common Stock
2025-11-30+10,602→ 120,050 total - Sale
Class A Common Stock
2025-12-01$14.06/sh−13,400$188,439→ 106,650 total - Sale
Class A Common Stock
2025-12-01$14.05/sh−8,115$114,038→ 98,535 total - Exercise/Conversion
Restricted Stock Units
2025-11-28−3,142→ 0 total→ Class A Common Stock (3,142 underlying) - Exercise/Conversion
Restricted Stock Units
2025-11-28−5,731→ 22,922 total→ Class A Common Stock (5,731 underlying) - Exercise/Conversion
Restricted Stock Units
2025-11-28−24,680→ 49,360 total→ Class A Common Stock (24,680 underlying) - Award
Restricted Stock Units
2025-11-28+226,667→ 226,667 total→ Class A Common Stock (226,667 underlying) - Exercise/Conversion
Restricted Stock Units
2025-11-30−10,602→ 21,204 total→ Class A Common Stock (10,602 underlying)
Footnotes (9)
- [F1]Reflects shares sold to cover taxes upon the vesting of Restricted Stock Units on November 28, 2025, pursuant to a Rule 10b5-1 instruction letter adopted by the Reporting Person on March 3, 2023 related solely to tax obligations associated with awards received in connection with Bandwidth Inc. (the "Company") equity compensation programs.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.93 to $14.29. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]Reflects shares sold pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 12, 2024.
- [F4]Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- [F5]On November 28, 2022, the Reporting Person was granted 37,700 Restricted Stock Units, one third of which vested on the first anniversary of the date of grant and the remaining shares vested in eight equal quarterly installments beginning on February 28, 2024.
- [F6]On November 28, 2023, the Reporting Person was granted 68,767 Restricted Stock Units, one third of which vested on the first anniversary of the date of grant and the remaining shares vest in eight equal quarterly installments beginning on February 28, 2025.
- [F7]On November 28, 2024, the Reporting Person was granted 74,040 Restricted Stock Units, one third of which vested on the first anniversary of the date of grant and the remaining shares will vest in eight equal quarterly installments beginning on February 28, 2026.
- [F8]On November 28, 2025, the Reporting Person was granted 226,667 Restricted Stock Units, one third of which vest on the first anniversary of the date of grant and the remaining shares will vest in eight equal quarterly installments beginning on February 28, 2027.
- [F9]On May 30, 2023, the Reporting Person was granted 127,226 Restricted Stock Units, one third of which vested on the first anniversary of the date of grant and the remaining shares vest in eight equal quarterly installments beginning on August 30, 2024.
Documents
Issuer
Bandwidth Inc.
CIK 0001514416
Entity typeother
Related Parties
1- filerCIK 0001405026
Filing Metadata
- Form type
- 4
- Filed
- Dec 1, 7:00 PM ET
- Accepted
- Dec 2, 4:54 PM ET
- Size
- 24.3 KB