Bandwidth Inc.·4

May 5, 4:11 PM ET

Agarwal Devesh 4

4 · Bandwidth Inc. · Filed May 5, 2026

Research Summary

AI-generated summary of this filing

Updated

Bandwidth (BAND) COO Devesh Agarwal Sells 15,000 Shares

What Happened

  • Devesh Agarwal, Chief Operating Officer of Bandwidth Inc. (BAND), sold a total of 15,000 shares in two open-market transactions: 10,258 shares on 2026-05-04 at a weighted average price of $45.02 for proceeds of $461,857, and 4,742 shares on 2026-05-05 at a weighted average price of $45.39 for proceeds of $215,222. Combined proceeds were approximately $677,079. These were sales (not purchases), which are often routine insider liquidity events.

Key Details

  • Transaction dates and prices:
    • 2026-05-04: 10,258 shares sold, weighted avg price $45.02 (range reported $45.00–$45.03). (Footnote F1)
    • 2026-05-05: 4,742 shares sold, weighted avg price $45.39 (range reported $45.065–$45.95). (Footnote F2)
  • Total sold: 15,000 shares for ~$677,079.
  • Shares owned after transaction: Not disclosed in the provided filing excerpt.
  • Filing: Form 4 filed 2026-05-05 (no late filing indicated in the excerpt).
  • Footnotes: Prices shown are weighted averages; the reporting person offers to provide the breakdown of individual trade prices within the ranges if requested.

Context

  • These were outright sales (transaction code S). Sales provide liquidity to insiders and do not by themselves indicate a change in company fundamentals. No option exercises, grants, gifts, or 10b5‑1 plan references were reported in the provided excerpt.

Insider Transaction Report

Form 4
Period: 2026-05-04
Agarwal Devesh
Chief Operating Officer
Transactions
  • Sale

    Class A Common Stock

    [F1]
    2026-05-04$45.02/sh10,258$461,857101,156 total
  • Sale

    Class A Common Stock

    [F2]
    2026-05-05$45.39/sh4,742$215,22296,414 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 $45.00 to $45.03. 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 $45.065 to $45.95. 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 Devesh Agarwal|2026-05-05

Documents

1 file
  • 4
    wk-form4_1778011882.xmlPrimary

    FORM 4