Asbill Richard Brandon 4
4 · Bandwidth Inc. · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
Bandwidth (BAND) General Counsel Richard Asbill Sells 29,214 Shares
What Happened
Richard Asbill, General Counsel of Bandwidth Inc. (BAND), sold a total of 29,214 shares in open-market transactions on June 5, 2026. The sales consisted of 12,330 shares at a weighted-average price of $71.27 (≈ $878,807) and 16,884 shares at a weighted-average price of $72.59 (≈ $1,225,569), for combined proceeds of roughly $2,104,376. These were sales (not purchases or option exercises).
Key Details
- Transaction date: 2026-06-05; Form 4 filed: 2026-06-08 (appears timely).
- Lots and prices reported:
- 12,330 shares sold at weighted avg $71.27 (prices in the lot ranged $71.00–$71.99). (Footnote F1)
- 16,884 shares sold at weighted avg $72.59 (prices in the lot ranged $72.04–$72.99). (Footnote F2)
- Total shares sold: 29,214; total reported proceeds: ~$2,104,376.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- No 10b5-1 plan, tax-withholding, or other special conditions are disclosed in the provided details.
Context
- These were open-market sales (Form 4 code S). Sales by insiders are common and can reflect many reasons (liquidity, diversification, tax planning); they are not, by themselves, a definitive signal about company outlook.
- Footnotes note that the reported prices are weighted averages and the filer will provide a breakdown of the prices on request to the company, SEC staff, or shareholders.
Insider Transaction Report
Form 4
Bandwidth Inc.BAND
Asbill Richard Brandon
General Counsel
Transactions
- Sale
Class A Common Stock
[F1]2026-06-05$71.27/sh−12,330$878,807→ 19,884 total - Sale
Class A Common Stock
[F2]2026-06-05$72.59/sh−16,884$1,225,569→ 3,000 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 $71.00 to $71.99. 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 $72.04 to $72.99. 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.
Signature
/s/ Leah Webb, Attorney-in-Fact for R. Brandon Asbill|2026-06-08