Band (NASDAQ: BAND) files Form 144 to resell 10,258 common shares

Rhea-AI Filing Summary

Band (filing type: Form 144) reports proposed sale of Common shares under Rule 144. The filing lists 10,258 shares alongside dates including 08/08/2023 (restricted stock vesting) and an entry dated 05/04/2026. The transaction is for resale by a broker-dealer.

Insights

Securities Compliance Analyst

Rule 144 notice of intended resale; routine compliance filing.

The filing lists a broker-dealer and a quantity of 10,258 common shares tied to restricted stock vesting dated 08/08/2023. This appears to be an administrative resale notice under Rule 144 rather than an operational corporate event.

Timing and cash-flow treatment are not detailed in the excerpt; subsequent Form 144 amendments or broker reports would specify sale timing and methods.

Key Figures

Shares listed: 10,258 shares Numeric entry: 460,173.88 Numeric entry: 30,059,279 +3 more

6 metrics

Shares listed 10,258 shares listed in the Form 144 excerpt

Numeric entry 460,173.88 numeric field shown alongside broker/dealer listing

Numeric entry 30,059,279 numeric field shown in the filing excerpt

Filing/record date 05/04/2026 date listed in the Form 144 excerpt

Vesting date 08/08/2023 restricted stock vesting under a registered plan

Additional date 11/28/2023 date listed in the filing excerpt

Key Terms

Form 144, Rule 144, Restricted stock vesting

3 terms

Form 144 regulatory

"144: Filer Information 144: Issuer Information"

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.

Rule 144 regulatory

"Securities To Be Sold 08/08/2023 Restricted stock vesting under a registered plan"

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 vesting financial

"08/08/2023 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.

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

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Accepted by SEC EDGAR 05/04/2026 - 07:48 PM Learn about SEC filing dates

FAQ

What does Band's Form 144 filing mean for shareholders?

It notifies the SEC of an intended resale of 10,258 common shares under Rule 144. The filing is a compliance step by a broker-dealer and does not itself complete any sale; actual sale details and proceeds are not provided in the excerpt.

Who is listed as the broker/dealer on the Form 144 for BAND?

The filing names Morgan Stanley Smith Barney LLC at 1 New York Plaza as the broker-dealer associated with the resale notice. This identifies the intermediary but does not indicate whether or when trades will execute.

Are the shares in Band's Form 144 newly vested or long-held?

The excerpt states restricted stock vesting under a registered plan with a vesting date 08/08/2023. That indicates the shares arose from a vesting event rather than open-market purchase, per the filing language provided.

Does the Form 144 indicate how proceeds flow or who receives them?

The excerpt does not specify proceeds recipients or use of proceeds. It lists the resale notice and broker-dealer; details on who receives sale proceeds are not included in the provided content.

What dates are shown on the Form 144 excerpt and what do they represent?

The excerpt includes 08/08/2023 (restricted stock vesting), 11/28/2023 (another listed entry) and a filing or record date of 05/04/2026. The precise role of each date is as labeled in the excerpt.

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	10258	460173.88	30059279	05/04/2026	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			10258	11/28/2023	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

Nothing to Report

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)