STOCK TITAN

Bandwidth (NASDAQ: BAND) exec to sell 2,000 RSU shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Bandwidth Inc. (BAND) received a notice under Rule 144 for a proposed sale of its common stock by officer R. Brandon Asbill. The notice covers 2,000 shares, related to RSUs that vest on 08/28/2026, with an aggregate market value of $92,700.00. Shares outstanding were 30,222,760. The proposed sales are to be executed through Morgan Stanley Smith Barney LLC, with trading on NASDAQ. The seller previously sold 1,781 shares for $104,803.65 on 05/29/2026 and 29,214 shares for $2,104,376.23 on 06/05/2026.

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Shares to be sold 2,000 shares Common stock covered by current Rule 144 notice
Aggregate market value $92,700.00 Estimated value of 2,000 shares to be sold
Shares outstanding 30,222,760 shares Common shares outstanding referenced in the notice
Prior sale 1 1,781 shares for $104,803.65 Sale on 05/29/2026 by R. Brandon Asbill
Prior sale 2 29,214 shares for $2,104,376.23 Sale on 06/05/2026 by R. Brandon Asbill
RSU vesting date 08/28/2026 Date RSUs underlying the 2,000 shares vest
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 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.
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 R. Brandon Asbill"
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 mean for Bandwidth Inc. (BAND)?

The Form 144 filing states that officer R. Brandon Asbill intends to sell 2,000 shares of Bandwidth Inc. common stock under Rule 144, related to RSUs vesting on 08/28/2026, through Morgan Stanley Smith Barney LLC on NASDAQ.

How many Bandwidth Inc. (BAND) shares are covered by this Form 144?

The notice covers 2,000 shares of Bandwidth Inc. common stock, with an aggregate market value of $92,700.00, tied to RSUs that vest on 08/28/2026.

What prior sales has R. Brandon Asbill reported for BAND in the last 3 months?

R. Brandon Asbill reported selling 1,781 shares for $104,803.65 on 05/29/2026 and 29,214 shares for $2,104,376.23 on 06/05/2026.

How many Bandwidth Inc. (BAND) shares were outstanding as referenced in this filing?

The filing references 30,222,760 Bandwidth Inc. common shares outstanding, used as a baseline ownership figure for the Rule 144 notice.

Which broker is named for the planned sale of BAND shares?

The planned sale of 2,000 Bandwidth Inc. shares is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, with trading on NASDAQ.

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

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature