Bandwidth Inc. (BAND) officer plans $551K stock sale in 2026

Rhea-AI Filing Summary

Bandwidth Inc. (BAND) officer Daryl Raiford filed a notice of proposed sale of company securities under Rule 144. The filing covers 11,900 shares of common stock, with an aggregate market value of $551,565.00, and an approximate sale date of August 31, 2026.

The shares relate to restricted stock units scheduled to vest on August 28, 2026, and up to 8,000 shares may be sold within the next three months under a Rule 10b5-1 trading plan adopted on December 3, 2025 and modified on June 3, 2026. The notice also lists prior sales in the past three months, including 6,374 shares for $441,053.09 on June 2, 2026, 12,168 shares for $815,168.79 on June 1, 2026, and 3,961 shares for $233,086.61 on May 29, 2026.

Key Figures

Shares to be sold: 11,900 shares of common stock Aggregate market value of proposed sale: $551,565.00 Shares outstanding: 30,222,760 shares +5 more

8 metrics

Shares to be sold 11,900 shares of common stock Proposed sale under Rule 144

Aggregate market value of proposed sale $551,565.00 Value of 11,900 shares covered by the notice

Shares outstanding 30,222,760 shares Bandwidth Inc. common stock outstanding referenced in the Form 144

Approximate date of sale August 31, 2026 Proposed date for the Rule 144 transaction

Shares that may be sold under Rule 10b5-1 plan Up to 8,000 shares Within the next three months under the disclosed trading plan

Sale on June 2, 2026 6,374 shares for $441,053.09 Common stock sold in the past three months

Sale on June 1, 2026 12,168 shares for $815,168.79 Common stock sold in the past three months

Sale on May 29, 2026 3,961 shares for $233,086.61 Common stock sold in the past three months

Key Terms

Rule 144, restricted stock units, Rule10b5-1 plan, aggregate market value

4 terms

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 units financial

"The shares covered by this filing are restricted stock units that vest"

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.

Rule10b5-1 plan regulatory

"may be sold within the next three months pursuant to the Rule10b5-1 plan"

aggregate market value financial

"Common | Morgan Stanley Smith Barney LLC Executive Financial Services 1 New"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

What does the Form 144 filing disclose for Bandwidth Inc. (BAND)?

It discloses that officer Daryl Raiford intends to sell 11,900 shares of Bandwidth Inc. common stock under Rule 144, with an aggregate market value of $551,565.00 and an approximate sale date of August 31, 2026.

How many Bandwidth Inc. (BAND) shares are covered by the new Form 144?

The notice covers 11,900 shares of common stock of Bandwidth Inc. associated with restricted stock units vesting on August 28, 2026.

What trading plan applies to the potential Bandwidth Inc. (BAND) share sales?

Up to 8,000 of the covered shares may be sold within the next three months pursuant to a Rule 10b5-1 plan adopted on December 3, 2025 and modified on June 3, 2026.

What prior Bandwidth Inc. (BAND) stock sales by Daryl Raiford are reported?

Reported sales in the past three months include 6,374 shares for $441,053.09 on June 2, 2026, 12,168 shares for $815,168.79 on June 1, 2026, and 3,961 shares for $233,086.61 on May 29, 2026.

How many Bandwidth Inc. (BAND) shares are outstanding as referenced in the filing?

The filing references 30,222,760 shares of Bandwidth Inc. common stock outstanding in connection with the proposed Rule 144 sale disclosure.

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

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Available on EDGAR 08/28/2026 - 09:00 AM Accepted by SEC EDGAR 08/27/2026 - 08:57 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001405026
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Bandwidth Inc.
SEC File Number	001-38285
Address of Issuer	2230 BANDMATE WAY RALEIGH NORTH CAROLINA 27607
Phone	800-808-5150
Name of Person for Whose Account the Securities are To Be Sold	Raiford Daryl E
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	11900	551565.00	30222760	08/31/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/28/2026	Restricted stock vesting under a registered plan	Issuer			11900	08/28/2026	N/A

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Daryl Raiford c/o Bandwidth Inc. 2230 Bandmate Way Raleigh NC 27607	Common	06/02/2026	6374	441053.09
Daryl Raiford c/o Bandwidth Inc. 2230 Bandmate Way Raleigh NC 27607	Common	06/01/2026	12168	815168.79
Daryl Raiford c/o Bandwidth Inc. 2230 Bandmate Way Raleigh NC 27607	Common	05/29/2026	3961	233086.61

144: Remarks and Signature

Remarks	The shares covered by this filing are restricted stock units that vest 08/28/2026. Up to 8,000 of the shares covered by this filing may be sold within the next three months pursuant to the Rule10b5-1 plan adopted by the Reporting Person on December 3, 2025, as modified on June 3, 2026.
Date of Notice	08/27/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	12/03/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Lorna A. Knick, Attorney-in-Fact for Daryl Raiford
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)