Bottorff Rebecca 4
Research Summary
AI-generated summary
Bandwidth (BAND) Chief People Officer Rebecca Bottorff Sells Shares
What Happened Rebecca Bottorff, Chief People Officer and a director at Bandwidth Inc. (BAND), sold 50,535 shares on May 12, 2026 in an open-market disposition. The weighted-average sale price reported was $49.42 per share, resulting in proceeds of approximately $2,497,647. This was a sale (transaction code S), which is typically a disposition of previously held stock rather than a purchase or grant.
Key Details
- Transaction date: May 12, 2026; Form 4 filed May 13, 2026 (filed promptly the next day).
- Price: Weighted average $49.42 per share; sales executed at prices ranging from $49.40 to $49.75 (see footnote).
- Shares sold: 50,535; gross proceeds ≈ $2,497,647.
- Shares owned after the transaction: Not specified in the information provided.
- Footnote: The reported price is a weighted average; the filer notes multiple trades between $49.40 and $49.75 and offers to provide a per-trade breakdown on request.
- No 10b5-1 trading plan, tax withholding, gift, or option-exercise notation was indicated in the provided details.
Context
- Sales are often routine portfolio transactions by insiders and do not by themselves indicate company performance or insider sentiment. Purchases generally draw more attention as potential bullish signals; this filing documents a sale.
- The filing appears timely (filed the business day after the transaction). If you want the precise post-sale ownership or a per-trade price breakdown, the filer has stated they will provide that information upon request to the company, shareholders, or the SEC.