Bandwidth Inc. (BAND) Form 144: insider sales total 35,000 shares in May

Rhea-AI Filing Summary

Bandwidth Inc. insider sale notice: a Form 144 filing reports proposed and recent sales of Common Stock by an affiliate. The filing lists a proposed sale of 20,000 shares and four completed sales totaling 35,000 shares across 05/04/2026–05/14/2026.

The transactions are described as restricted stock vesting under a registered plan and sales by Devesh Agarwal; cash amounts for the completed sales are shown for each trade.

Insights

Securities Attorney

Form 144 documents affiliate sales and proposed sale mechanics

Form 144 is a notice required when an affiliate intends to sell restricted or control securities; the filing lists a proposed disposition of 20,000 shares and prior sales totaling 35,000 shares executed between 05/04/2026 and 05/14/2026.

Careful review should confirm compliance with Rule 144 holding periods and the registered plan language; proceeds recipients and method of sale are the affiliate's disclosure items in the excerpt.

Equity Capital Markets Analyst

Recent insider dispositions are modest in scale versus public float

The excerpt shows individual trade sizes and gross proceeds for each sale (e.g., $429,959.61 for 05/14/2026 on 8,251 shares), which are relevant for tracking insider liquidity activity.

Whether this affects supply overhang depends on total float, which is not provided in the excerpt; subsequent filings may disclose additional holder sales.

Key Figures

Proposed sale: 20,000 shares Completed sales (aggregate shown): 35,000 shares 05/14/2026 proceeds: $429,959.61 +3 more

6 metrics

Proposed sale 20,000 shares registered plan; listed under Securities To Be Sold

Completed sales (aggregate shown) 35,000 shares four sales on 05/04/2026–05/14/2026 (4,742; 10,258; 11,749; 8,251 shares)

05/14/2026 proceeds $429,959.61 gross proceeds for 8,251 shares sold on 05/14/2026

05/13/2026 proceeds $612,594.03 gross proceeds for 11,749 shares sold on 05/13/2026

05/05/2026 proceeds $215,222.31 gross proceeds for 4,742 shares sold on 05/05/2026

05/04/2026 proceeds $461,857.22 gross proceeds for 10,258 shares sold on 05/04/2026

Key Terms

Form 144, restricted stock vesting, registered plan

3 terms

Form 144 regulatory

"Form 144 filing reports proposed and recent sales of Common Stock by an affiliate"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

restricted stock vesting financial

"Restricted stock vesting under a registered plan"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

registered plan regulatory

"Restricted stock vesting under a registered plan listed in Securities To Be Sold"

A registered plan is a savings or investment account that a government recognizes for special tax treatment and rules, such as limits on how much you can put in and conditions for withdrawals. For investors it matters because those rules change how much of your gains are taxed, how quickly your money can be accessed and what strategies make sense — like a labeled jar that gives tax breaks but comes with rules about when and how you can take the money out.

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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	20000	1044850.00	30059279	05/05/2026	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	08/08/2023	Restricted stock vesting under a registered plan	Issuer			20000	02/28/2025	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
Devesh Agarwal c/o Bandwidth Inc. 2230 Bandmate Way Raleigh NC 27607	Common	05/14/2026	8251	429959.61
Devesh Agarwal c/o Bandwidth Inc. 2230 Bandmate Way Raleigh NC 27607	Common	05/13/2026	11749	612594.03
Devesh Agarwal c/o Bandwidth Inc. 2230 Bandmate Way Raleigh NC 27607	Common	05/05/2026	4742	215222.31
Devesh Agarwal c/o Bandwidth Inc. 2230 Bandmate Way Raleigh NC 27607	Common	05/04/2026	10258	461857.22

144: Remarks and Signature

Remarks

Date of Notice

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Bandwidth Inc. (BAND) Form 144 report?

Form 144 reports proposed and recent affiliate sales of Bandwidth Inc. stock. The filing lists a proposed sale of 20,000 shares and four completed sales totaling 35,000 shares executed between 05/04/2026 and 05/14/2026.

Who conducted the recent sales shown in the BAND Form 144?

The transactions are reported by Devesh Agarwal c/o Bandwidth Inc. The table shows four sales on 05/04/2026, 05/05/2026, 05/13/2026, and 05/14/2026 with share counts and gross proceeds listed for each trade.

How many shares and proceeds are shown for the 05/14/2026 sale in the filing?

The filing lists a sale of 8,251 shares on 05/14/2026 with gross proceeds of $429,959.61. Individual trade proceeds are provided for each reported sale in the excerpt.

Does the Form 144 indicate the method of sale or recipient of proceeds?

The excerpt identifies the nature as restricted stock vesting under a registered plan and shows gross proceeds per trade. It does not specify detailed sale methods or final recipients beyond the affiliate's reporting name in the provided excerpt.

Is the proposed sale size shown in Form 144 large relative to company stock?

The filing shows a proposed sale of 20,000 shares, but the excerpt does not provide total shares outstanding or float. Without those baseline figures, materiality relative to company stock cannot be determined from the excerpt.