Krupka Devin M 4
4 · Bandwidth Inc. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Bandwidth (BAND) Controller Devin Krupka Receives 4,292 Shares
What Happened
Devin M. Krupka, Controller of Bandwidth Inc. (BAND), converted vested restricted stock units (RSUs) into 4,292 shares on 2026-02-28 (2,775 and 1,517 shares from two grants). The RSUs converted at $0.00 (no exercise price). To cover tax withholding, 1,218 of those shares were withheld at $14.82 per share, equal to $18,051. The RSUs were cancelled upon conversion (recorded as derivative dispositions). Net new shares issued to Krupka = 4,292 − 1,218 = 3,074 shares.
Key Details
- Transaction date: 2026-02-28; Form 4 filed 2026-03-02 (filed within the standard reporting window).
- Conversion (code M): 2,775 and 1,517 RSUs converted into common shares; acquisition price $0.00.
- Tax withholding (code F): 1,218 shares withheld at $14.82/share = $18,051.
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: F1 notes each RSU = one share; F2/F3 describe the original RSU grants (Nov 28, 2023 and Nov 28, 2024) and vesting schedules that produced this vesting event.
- Interpretation of codes: M = conversion/exercise of derivative (RSU → common stock); F = shares withheld to satisfy tax liability.
Context
This was a routine RSU vesting and tax-withholding event, not an open-market sale or purchase. RSU conversions and withholding to cover taxes are common and do not by themselves indicate insider buying or selling sentiment.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
2026-02-28+2,775→ 35,049 total - Exercise/Conversion
Class A Common Stock
2026-02-28+1,517→ 36,566 total - Tax Payment
Class A Common Stock
2026-02-28$14.82/sh−1,218$18,051→ 35,348 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-02-28−2,775→ 8,326 total→ Class A Common Stock (2,775 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-02-28−1,517→ 10,620 total→ Class A Common Stock (1,517 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of Bandwidth Inc. Class A Common Stock.
- [F2]On November 28, 2023, the Reporting Person was granted 33,303 Restricted Stock Units, one third of which vested on the first anniversary of the date of grant and the remaining shares vest in eight equal quarterly installments beginning on February 28, 2025.
- [F3]On November 28, 2024, the Reporting Person was granted 18,205 Restricted Stock Units, one third of which vested on the first anniversary of the date of grant and the remaining shares vest in eight equal quarterly installments beginning on February 28, 2026.