Bandwidth (NASDAQ: BAND) officer preps 3,500-share plan
Rhea-AI Filing Summary
Bandwidth Inc. (BAND) has a notice from officer Devin M. Krupka covering planned sales of company common stock under SEC Rule 144. The filing relates to 4,293 restricted stock units scheduled to vest on August 28, 2026, held in an account at Morgan Stanley Smith Barney LLC Executive Financial Services.
The remarks state that up to 3,500 of these shares may be sold within the next three months pursuant to a Rule 10b5-1 trading plan adopted by Devin M. Krupka on March 13, 2026. The notice also lists two prior sales of Bandwidth common stock by Devin Krupka during the last three months.
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Key Figures
Restricted stock units covered: 4,293 shares
Shares potentially sold under Rule 10b5-1 plan: 3,500 shares
Value of securities held: $198,980.55
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7 metrics
Restricted stock units covered
4,293 shares
Restricted stock units vesting on August 28, 2026
Shares potentially sold under Rule 10b5-1 plan
3,500 shares
Maximum shares that may be sold within the next three months
Value of securities held
$198,980.55
Associated with 4,293 Bandwidth common shares in the listed account
Shares sold May 29, 2026
1,198 shares
Bandwidth common stock sold for $70,496.88
Proceeds from May 29, 2026 sale
$70,496.88
Sale of 1,198 Bandwidth common shares
Shares sold June 12, 2026
14,413 shares
Bandwidth common stock sold for $943,260.70
Proceeds from June 12, 2026 sale
$943,260.70
Sale of 14,413 Bandwidth common shares
Key Terms
Rule 144, Rule 10b5-1 plan, restricted stock units, Attorney-in-Fact
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.
Rule 10b5-1 plan regulatory
"may be sold within the next three months 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.
restricted stock units financial
"The shares covered by this filing are restricted stock units that vest 08/28/2026."
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.
Attorney-in-Fact regulatory
"Signature | /s/ Lorna A. Knick, Attorney-in-Fact for Devin M. Krupka"
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
What does Bandwidth Inc. (BAND) disclose about Devin Krupka’s planned stock sales?
The notice states that up to 3,500 shares of Bandwidth common stock may be sold within the next three months under a Rule 10b5-1 plan adopted by officer Devin M. Krupka on March 13, 2026.
How many Bandwidth (BAND) restricted stock units are covered in this filing?
The filing covers 4,293 restricted stock units of Bandwidth common stock that are scheduled to vest on August 28, 2026. These RSUs are held in an account at Morgan Stanley Smith Barney LLC Executive Financial Services.
What Bandwidth (BAND) stock sales has Devin Krupka made in the past three months?
The notice lists two sales: 1,198 shares on May 29, 2026 for $70,496.88, and 14,413 shares on June 12, 2026 for $943,260.70.
What trading plan is referenced for Bandwidth (BAND) insider Devin Krupka?
The filing states that sales of up to 3,500 shares may occur under a Rule 10b5-1 plan adopted by Devin M. Krupka on March 13, 2026. This plan governs potential sales over the next three months.
On what date do the Bandwidth (BAND) restricted stock units vest for Devin Krupka?
The restricted stock units covered by this notice are scheduled to vest on August 28, 2026. The filing describes them as "restricted stock units that vest 08/28/2026."
AI-generated analysis. How Rhea-AI works. Not financial advice.