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Bandwidth director Suriano proposes $174K share sale

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Form Type
144

Rhea-AI Filing Summary

Bandwidth Inc. director Douglas A. Suriano reported a proposed sale of 4,000 common shares, with an approximate sale date of November 12, 2026, and an aggregate market value of $174,280.00. The shares are restricted stock units that vested between September 30, 2020 and February 28, 2023; the remarks state that the sales are pursuant to a Rule 10b5-1 plan adopted on May 18, 2026. Suriano also reported selling 4,000 common shares on August 17, 2026, for gross proceeds of $212,362.20 during the past three months.

Proposed shares for sale 4,000 shares Approximate sale date: November 12, 2026
Aggregate market value $174,280.00 Proposed sale of 4,000 common shares
Common shares outstanding 30,425,383 shares Number of shares outstanding stated in the notice
Prior sale gross proceeds $212,362.20 4,000 common shares sold August 17, 2026
restricted stock units financial
"the shares covered by this filing are restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 10b5-1 plan regulatory
"the sales are pursuant to the Rule 10b5-1 plan"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many BAND shares is Douglas A. Suriano proposing to sell?

Bandwidth Inc. director Douglas A. Suriano reported a proposed sale of 4,000 common shares, with an approximate sale date of November 12, 2026 and an aggregate market value of $174,280.00. The remarks state that the sales are pursuant to a Rule 10b5-1 plan adopted on May 18, 2026.

What prior BAND share sale did Douglas A. Suriano report?

He reported selling 4,000 common shares on August 17, 2026, for gross proceeds of $212,362.20 during the past three months.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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