Bandwidth (NASDAQ: BAND) plans 4,000-share sale in 2026
Rhea-AI Filing Summary
Bandwidth Inc. (symbol BAND) reports a planned sale of 4,000 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services on the NASDAQ market. The proposed aggregate sale price is approximately $215,880.00, with an indicated date of August 17, 2026.
The 4,000 shares were acquired as restricted stock vesting under a registered plan, originally granted on June 30, 2018 and vesting on September 30, 2020. The filing identifies Bandwidth Inc. as the issuer of these shares.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 4,000 shares
Proposed aggregate sale price: $215,880.00
Proposed sale date: 08/17/2026
+2 more
5 metrics
Shares to be sold
4,000 shares
Common stock planned for sale under the Form 144 notice
Proposed aggregate sale price
$215,880.00
Estimated value of the 4,000 common shares to be sold
Proposed sale date
08/17/2026
Date associated with the planned NASDAQ sale
Grant date of restricted stock
06/30/2018
Date the restricted stock was originally granted under a registered plan
Vesting date of restricted stock
09/30/2020
Date the 4,000 restricted shares vested
Key Terms
Form 144, restricted stock vesting, registered plan, Executive Financial Services
4 terms
Form 144 regulatory
"144: Securities To Be Sold"
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.
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.
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.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"
FAQ
What does Bandwidth Inc. (BAND) disclose in this Form 144 filing?
Bandwidth Inc. discloses a planned sale of 4,000 shares of its common stock, with an approximate aggregate sale price of $215,880.00, to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services.
AI-generated analysis. How Rhea-AI works. Not financial advice.