Bandwidth Inc. Executives Sell Shares Amid Market Volatility

Tuesday, Sep 2, 2025 5:39 pm ET1min read

Bandwidth Inc. (BAND) has disclosed recent insider transactions. On August 29, 2025, Agarwal Devesh, the company's Chief Operating Officer, sold 1,745 shares at $15.09 per share. General Counsel Asbill Richard Brandon sold 1,852 shares at the same price point, while Director and Chief People Officer Bottorff Rebecca sold 2,257 shares. Controller, PAO Krupka Devin M sold 1,189 shares, Director, Chairman & CEO Morken David A. sold 5,224 shares, and Director Murdock John C. sold 2,025 shares at $15.05 per share. Additionally, Chief Financial Officer Raiford Daryl sold 3,488 shares and Chief Information Officer Ross Kade sold 1,634 shares, both at $15.09 per share. These transactions were made on August 29, 2025.

Bandwidth Inc. (BAND) has disclosed recent insider transactions, providing transparency into the company's equity compensation practices. On August 29, 2025, several key executives sold a significant number of shares, with the transactions executed at a consistent price point. The sales were made to satisfy tax obligations tied to equity awards under a Rule 10b5-1 plan.

The Chief Operating Officer, Agarwal Devesh, sold 1,745 shares at $15.09 per share. General Counsel Asbill Richard Brandon sold 1,852 shares at the same price point. Director and Chief People Officer Bottorff Rebecca sold 2,257 shares, while Controller, PAO Krupka Devin M sold 1,189 shares. Director, Chairman & CEO Morken David A. sold 5,224 shares, and Director Murdock John C. sold 2,025 shares at $15.05 per share. Chief Financial Officer Raiford Daryl sold 3,488 shares, and Chief Information Officer Ross Kade sold 1,634 shares, both at $15.09 per share.

These transactions, totaling 17,120 shares, were executed on August 29, 2025, and are part of the routine equity compensation mechanics of the company. The sales were made to satisfy tax obligations and did not indicate a broader divestiture or change in the company's strategy or financial condition.

The consistent sale price of $15.09 per share suggests that the transactions were executed under an affirmative defense framework, as outlined in Rule 10b5-1. The detailed disclosure of vesting schedules, grant dates, and the weighted average sale price provides transparency for investors and financial professionals.

The filing shows that the Reporting Persons retained substantial holdings after the sales, with no significant reduction in beneficial ownership. This routine insider activity does not indicate any immediate changes in the company's equity structure or financial health.

For investors and financial professionals, this filing provides a snapshot of Bandwidth Inc.'s equity compensation practices and the routine insider transactions that are part of these practices. The company's commitment to transparency and compliance with regulatory requirements is evident in the detailed and timely disclosure of these transactions.

References:
[1] https://www.stocktitan.net/sec-filings/BAND/form-4-bandwidth-inc-insider-trading-activity-527fc90b2895.html

Bandwidth Inc. Executives Sell Shares Amid Market Volatility

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