Bandwidth Inc.·4

Mar 12, 4:10 PM ET

Raiford Daryl E 4

Research Summary

AI-generated summary

Updated

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.