Bandwidth insider plans $232K sale of 5,000 shares
Bandwidth Inc. (BAND) is the issuer for a planned resale of common stock reported under Rule 144 for the account of Devesh Agarwal.
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Form Type
144
Rhea-AI Filing Summary
Bandwidth Inc. (BAND) is the issuer for a planned resale of common stock reported under Rule 144 for the account of Devesh Agarwal. The notice covers 5,000 shares of common stock, represented by RSUs scheduled to vest on 08/28/2026, with an estimated aggregate sale price of $231,750.00. The proposed sale is through Morgan Stanley Smith Barney LLC Executive Financial Services on NASDAQ. Agarwal has also sold 4,066 shares for $239,265.24 on 05/29/2026 and 3,173 shares for $160,086.73 during the past three months.
Key Figures
Shares proposed to be sold: 5,000 shares of common stock
Estimated aggregate sale price: $231,750.00
Proposed sale date: 08/28/2026
+5 more
8 metrics
Shares proposed to be sold
5,000 shares of common stock
Proposed sale for the account of Devesh Agarwal under Rule 144
Estimated aggregate sale price
$231,750.00
Estimated proceeds for 5,000 shares of Bandwidth Inc. common stock
Proposed sale date
08/28/2026
Date of proposed sale of 5,000 shares
RSU vesting date
08/28/2026
Shares covered are RSUs that vest on this date
Shares sold on 05/29/2026
4,066 shares
Past 3 months sale amount for Bandwidth Inc. common stock
Proceeds from 05/29/2026 sale
$239,265.24
Aggregate sale price for 4,066 shares
Shares sold on 08/10/2026
3,173 shares
Past 3 months sale amount for Bandwidth Inc. common stock
Proceeds from 08/10/2026 sale
$160,086.73
Aggregate sale price for 3,173 shares
Key Terms
Rule 144, restricted stock, registered plan, RSUs, +1 more
5 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 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.
registered plan financial
"Restricted stock vesting under a registered plan"
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.
RSUs financial
"The shares covered by this filing are RSUs that vest 08/28/2026."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Attorney-in-Fact regulatory
"Signature | /s/ Lorna A. Knick, Attorney-in-Fact for Devesh Agarwal"
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 does the Form 144 filing disclose for Bandwidth Inc. (BAND)?
The filing discloses a planned resale under Rule 144 of 5,000 shares of Bandwidth Inc. common stock for the account of Devesh Agarwal. The shares are RSUs vesting on 08/28/2026 and have an estimated aggregate sale price of $231,750.00 through Morgan Stanley.
What prior sales by Devesh Agarwal in Bandwidth Inc. (BAND) stock are reported?
During the past three months, Devesh Agarwal is reported to have sold 4,066 shares of Bandwidth Inc. common stock for $239,265.24 on 05/29/2026 and 3,173 shares for $160,086.73 on 08/10/2026.
When was the Form 144 notice for Bandwidth Inc. (BAND) filed?
The date of notice is given as 08/27/2026. The proposed sale date for the 5,000 shares of Bandwidth Inc. common stock is 08/28/2026, following the vesting of the RSUs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
