Raiford Daryl E 4

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.