Raiford Daryl E 4
4 · Bandwidth Inc. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Bandwidth (BAND) CFO Daryl E. Raiford Sells Shares
What Happened
CFO Daryl E. Raiford sold a total of 13,868 Bandwidth (BAND) shares in open-market transactions. On 2026-03-06 he disposed of 4,900 shares at a weighted average price of $16.34 (proceeds ~$80,069). On 2026-03-09 he disposed of 8,968 shares at a weighted average price of $16.48 (proceeds ~$147,765). Combined proceeds were approximately $227,834. These were sales (dispositions), which are often routine transactions by insiders.
Key Details
- Transaction dates and prices:
- 2026-03-06: 4,900 shares sold, weighted avg $16.34 (individual trade prices ranged $16.02–$16.52) — see footnote F1.
- 2026-03-09: 8,968 shares sold, weighted avg $16.48 (individual trade prices ranged $16.15–$16.64) — see footnote F2.
- Total shares sold: 13,868; total proceeds ≈ $227,834.
- Shares owned after the transactions: Not specified in the information provided in this summary (not included in the details supplied).
- Filing timeliness: Form 4 filed 2026-03-10 for transactions dated 2026-03-06 and 2026-03-09 — filed within the required two business days (timely).
- No 10b5-1 plan, tax-withholding, or option-exercise notation was provided in the supplied details.
Context
These were outright sales (dispositions) reported as open-market trades; such sales do not by themselves indicate company outlook or insider sentiment. Footnotes clarify the reported prices are weighted averages and that the shares were sold across multiple individual trades within the price ranges noted. Purchases are generally more indicative of affirmative insider confidence; sales can reflect many reasons (liquidity needs, diversification, planned sales) and should be considered alongside other filings and company context.
Insider Transaction Report
- Sale
Class A Common Stock
[F1]2026-03-06$16.34/sh−4,900$80,069→ 101,546 total - Sale
Class A Common Stock
[F2]2026-03-09$16.48/sh−8,968$147,765→ 92,578 total
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.02 to $16.52. The Reporting Person undertakes to provide Bandwidth Inc. (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.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.15 to $16.64. 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.