Krupka Devin M 4

What Happened Devin M. Krupka, Controller of Bandwidth Inc. (BAND), was granted 8,472 Restricted Stock Units (RSUs) that vested immediately on February 20, 2026 and converted into 8,472 common shares (code M — exercise/conversion). To satisfy tax withholding obligations, 2,859 of those shares were surrendered (code F) at $15.12 per share, a withholding value of $43,228. Net shares received by Krupka were 5,613. The implied gross value of the vested shares at $15.12 was about $128,097.

Key Details

• Transaction date: February 20, 2026; Form 4 filed February 23, 2026 (appears timely).
• Acquired: 8,472 shares via RSU vesting (code M) at $0.00 acquisition cost in the filing (conversion of award).
• Disposed (withheld for taxes): 2,859 shares at $15.12 each, total $43,228 (code F).
• Net shares received: 5,613 (8,472 vested − 2,859 withheld).
• Footnote: The filing states the Reporting Person was granted 8,472 RSUs and all vested immediately (footnote F1).
• Shares owned after the transaction: not specified in the provided filing details.

Context This was a compensation event (RSU grant/vesting) rather than an open-market purchase or deliberate sale. The withholding of shares to cover taxes is a routine administrative step and should not be interpreted as an independent bearish or bullish signal. For retail investors, note that equity awards increase insider holdings but often reflect compensation terms rather than market-driven buying.