Raiford Daryl E 4
4 · Bandwidth Inc. · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Bandwidth (BAND) CFO Daryl E. Raiford Sells 22,807 Shares
What Happened
Daryl E. Raiford, Chief Financial Officer of Bandwidth Inc. (BAND), sold a total of 22,807 shares in open-market transactions. On 2026-03-10 he sold 14,000 shares at a weighted average price of $16.31 for proceeds of $228,404, and on 2026-03-11 he sold 8,807 shares at a weighted average price of $15.62 for proceeds of $137,536. Combined proceeds were approximately $365,940. These were sales (not purchases), which are commonly routine insider dispositions.
Key Details
- Transaction dates: March 10, 2026 (14,000 shares) and March 11, 2026 (8,807 shares).
- Reported prices (weighted averages): $16.31 on Mar 10 (range $16.04–$16.54) and $15.62 on Mar 11 (range $15.33–$16.17). Reporting person offers to provide per-price breakdowns on request (see footnotes).
- Reported proceeds: ~$228,404 (Mar 10) and ~$137,536 (Mar 11); total ≈ $365,940.
- Transaction type: Open-market sales (code S).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Timeliness: Form 4 was filed 2026-03-12 for transactions on Mar 10–11, 2026 — filing appears timely (filed within the SEC’s two-business-day window).
Context
Sales by executives do not by themselves indicate company prospects; purchases typically carry more signal for bullish insider sentiment. Footnotes show prices are weighted averages across multiple trades; the filer can provide exact per-trade prices on request.
Insider Transaction Report
- Sale
Class A Common Stock
[F1]2026-03-10$16.31/sh−14,000$228,404→ 78,578 total - Sale
Class A Common Stock
[F2]2026-03-11$15.62/sh−8,807$137,536→ 69,771 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 $16.04 to $16.54. 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 $15.33 to $16.17. 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.