STOCK TITAN

Bandwidth ex-officer plans sale of 7,550 shares

Former Bandwidth Inc. officer R. Brandon Asbill filed a Form 144 to potentially sell 7,550 BAND shares, including vested restricted stock and previously purchased shares.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Bandwidth Inc. (BAND) has a Form 144 notice filed for planned sales of its common stock by former officer R. Brandon Asbill. The notice covers 7,550 shares of common stock, with an aggregate market value of $368,666.50, when 30,222,760 shares of the class were outstanding.

The shares to be sold consist of 4,550 shares from restricted stock vesting on August 28, 2026 under a registered plan and 3,000 shares acquired in an open market purchase on February 28, 2022. In the prior three months, Asbill reported selling 1,832 shares for $90,035.42.

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Shares planned for sale 7,550 shares Common stock covered by the Form 144 notice
Aggregate market value of planned sale $368,666.50 Value of 7,550 shares of common stock
Shares outstanding 30,222,760 shares Common stock outstanding for this class
Restricted stock component 4,550 shares Vesting on August 28, 2026 under a registered plan
Open market purchase component 3,000 shares Acquired via open market purchase on February 28, 2022
Recent shares sold 1,832 shares Sold on August 31, 2026 during the past three months
Proceeds from recent sale $90,035.42 Total for 1,832 shares sold on August 31, 2026
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock financial
"Restricted stock vesting under a registered plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
open market purchase financial
"Open Market Purchase | Open Market Purchase"
An open market purchase is when a company buys its own shares on public stock exchanges the same way any investor would, rather than through a private deal. Investors care because these purchases reduce the number of shares available, can boost earnings per share and share price, signal that management thinks the stock is undervalued, and use company cash that might otherwise go to reinvestment or dividends — like a business quietly buying back its own tickets at the box office.
Attorney-in-Fact regulatory
"Attorney-in-Fact for R. Brandon Asbill"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

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

What insider sale is disclosed for Bandwidth Inc. (BAND) in this Form 144?

The notice reports that former officer R. Brandon Asbill may sell up to 7,550 shares of Bandwidth Inc. common stock, with an aggregate market value of $368,666.50, through Morgan Stanley Smith Barney LLC.

How many Bandwidth Inc. (BAND) shares were outstanding for this Form 144 filing?

The Form 144 states that 30,222,760 shares of Bandwidth Inc. common stock were outstanding, providing context for the planned sale of 7,550 shares by former officer R. Brandon Asbill.

What is the source of the Bandwidth Inc. (BAND) shares planned for sale?

Of the 7,550 shares, 4,550 shares come from restricted stock vesting on August 28, 2026 under a registered plan, and 3,000 shares were acquired via an open market purchase on February 28, 2022.

What recent Bandwidth Inc. (BAND) share sales has R. Brandon Asbill reported?

Over the past three months, R. Brandon Asbill reported selling 1,832 shares of Bandwidth Inc. common stock on August 31, 2026, for total proceeds of $90,035.42, according to the Form 144 disclosure.

Which broker is named for the planned Bandwidth Inc. (BAND) share sale?

The Form 144 lists Morgan Stanley Smith Barney LLC Executive Financial Services as the broker for the planned sale of 7,550 shares of Bandwidth Inc. common stock on the NASDAQ market.

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

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Learn about SEC filing dates

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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