Morken David A. 4

What Happened David A. Morken, Chairman and CEO of Bandwidth Inc. (BAND), reported a gift of 69,355 shares of Class A common stock on 2026-03-06. The transaction is reported as a disposition with $0 consideration (code G). The filing notes the shares were transferred to an irrevocable trust for which he does not exercise or share voting or investment control, and he disclaims beneficial ownership of the securities held by the trust.

Key Details

• Transaction date: 2026-03-06
• Filing date: 2026-03-10 (Form 4 accession 0001721962-26-000009)
• Transaction type: Gift (Code G) — 69,355 shares at $0.00; total reported value $0
• Shares owned after transaction: not disclosed in this filing
• Footnote: Transferred to an irrevocable trust; Reporting Person disclaims beneficial ownership (Footnote F1)
• Timeliness: Filed within the typical reporting window (filed 3/10 for a 3/6 transaction)

Context Gifts are often estate-planning or family/trust-related transfers and do not necessarily indicate the insider’s view on the company’s stock price. Because the filing states Morken disclaims beneficial ownership of the trust’s shares, the trust — not he personally — is treated as the owner for purposes of those shares.