Bandwidth (NASDAQ: BAND) insider to sell RSUs after 4,066 and 3,173 shares sold

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

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.

Who is selling Bandwidth Inc. (BAND) shares in this Form 144?

The planned sale is for the account of Devesh Agarwal. The notice states that the 5,000 shares covered are RSUs that vest on 08/28/2026, with Morgan Stanley Smith Barney LLC Executive Financial Services listed as the broker for the transaction.

How many Bandwidth Inc. (BAND) shares are proposed to be sold and at what value?

The notice covers a proposed sale of 5,000 common shares of Bandwidth Inc. with an estimated aggregate sale price of $231,750.00. The proposed sale date is 08/28/2026, and the shares are expected to be sold on NASDAQ.

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.

What is the nature of the Bandwidth Inc. (BAND) shares to be sold?

The filing states that the 5,000 shares are restricted stock vesting under a registered plan. The remarks clarify that these shares are RSUs that vest on 08/28/2026, and the issuer is Bandwidth Inc.

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.

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Available on EDGAR 08/28/2026 - 08:45 AM Accepted by SEC EDGAR 08/27/2026 - 08:41 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	0002029692
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	Agarwal Devesh
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	5000	231750.00	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			5000	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
Devesh Agarwal c/o Bandwidth Inc. 2230 Bandmate Way Raleigh NC 27607	Common	05/29/2026	4066	239265.24
Devesh Agarwal c/o Bandwidth Inc. 2230 Bandmate Way Raleigh NC 27607	Common	08/10/2026	3173	160086.73

144: Remarks and Signature

Remarks	The shares covered by this filing are RSUs that vest 08/28/2026.
Date of Notice	08/27/2026
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 Devesh Agarwal
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)