Asbill Richard Brandon 4

What Happened

• Asbill Richard Brandon, General Counsel of Bandwidth Inc. (BAND), reported the sale of 20,000 shares on May 4, 2026. The filing shows a weighted-average sale price of $44.15 per share, for total proceeds of approximately $882,908. The shares were disposed (sale code "S") in multiple transactions.

Key Details

• Transaction date: May 4, 2026 (reported on Form 4 filed May 5, 2026) — timely filing.
• Reported weighted-average price: $44.15 per share; total proceeds ≈ $882,908.
• Price range (footnote F1): individual trades ranged from $44.00 to $44.785; the filer can provide the breakdown on request.
• Shares owned after the transaction: not specified in the provided summary of the filing.
• No 10b5-1 plan, tax withholding, or award/option exercise noted in the provided items.

Context

• This was an outright sale (open-market-style dispositions as reported). Sales by executives are common and can be for many reasons; the filing itself does not explain motivation. For retail investors, purchases typically carry more direct bullish signal than routine sales.