Bandwidth GC reports 17,552-share stake
Bandwidth Inc.’s General Counsel Emily C. Harlan reported her initial holdings of common stock and multiple time‑vested RSU awards.
Rhea-AI Filing Summary
Bandwidth Inc. (BAND) reported an initial insider ownership filing for its General Counsel, Emily C. Harlan. She reports direct ownership of 17,552 shares of Class A Common Stock and several grants of Restricted Stock Units that each represent the right to receive one share of Class A Common Stock upon vesting. The RSU awards were granted between November 2023 and November 2025 and vest over time, generally with one-third vesting on the first anniversary of grant and the remainder in eight equal quarterly installments thereafter.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Harlan Emily C.
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units F2, F1 | -- | -- | -- |
| holding | Restricted Stock Units F2, F3 | -- | -- | -- |
| holding | Restricted Stock Units F2, F4 | -- | -- | -- |
| holding | Restricted Stock Units F2, F5 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 31,261 contracts (Direct);
Class A Common Stock — 17,552 shares (Direct)
Footnotes (5)
- F1. On November 28, 2023, the Reporting Person was granted 11,166 Restricted Stock Units, one third of which vested on the first anniversary of the date of grant and the remaining shares vest in eight equal quarterly installments beginning on February 28, 2025.
- F2. Each Restricted Stock Unit represents a contingent right to receive one share of Bandwidth Inc. Class A Common Stock.
- F3. On August 28, 2024, the Reporting Person was granted 5,857 Restricted Stock Units, one third of which vested on the first anniversary of the date of grant and the remaining shares vest in eight equal quarterly installments beginning on November 28, 2025.
- F4. On November 28, 2024, the Reporting Person was granted 11,661 Restricted Stock Units, one third of which vested on the first anniversary of the date of grant and the remaining shares vest in eight equal quarterly installments beginning on February 28, 2026.
- F5. On November 28, 2025, the Reporting Person was granted 23,520 Restricted Stock Units, one third of which vest on the first anniversary of the date of grant and the remaining shares will vest in eight equal quarterly installments beginning on February 28, 2027.
Key Figures
Direct Class A Common Stock holdings: 17,552 shares
RSU underlying shares (Grant tied to November 28, 2023 award): 930 shares
RSU underlying shares (Grant tied to August 28, 2024 award): 1,952 shares
+4 more
7 metrics
Direct Class A Common Stock holdings
17,552 shares
Reported as directly owned as of September 1, 2026
RSU underlying shares (Grant tied to November 28, 2023 award)
930 shares
Restricted Stock Units, each for one share of Class A Common Stock
RSU underlying shares (Grant tied to August 28, 2024 award)
1,952 shares
Restricted Stock Units, each for one share of Class A Common Stock
RSU underlying shares (Grant tied to November 28, 2024 award)
4,859 shares
Restricted Stock Units, each for one share of Class A Common Stock
RSU underlying shares (Grant tied to November 28, 2025 award)
23,520 shares
Restricted Stock Units, each for one share of Class A Common Stock
RSU grant size on November 28, 2023
11,166 units
One third vests on first anniversary; remainder in eight quarterly installments from February 28, 2025
RSU grant size on November 28, 2025
23,520 units
One third vests on first anniversary; remainder in eight quarterly installments from February 28, 2027
Key Terms
Restricted Stock Units, Class A Common Stock, contingent right, Power of Attorney
4 terms
Restricted Stock Units financial
"On November 28, 2023, the Reporting Person was granted 11,166 Restricted Stock Units"
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.
Class A Common Stock financial
"Each Restricted Stock Unit represents a contingent right to receive one share of Bandwidth Inc. Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive one share"
Power of Attorney regulatory
"Exhibit 24 Power of Attorney."
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
FAQ
What does Bandwidth Inc. (BAND) disclose in Emily C. Harlan’s Form 3?
The filing reports that General Counsel Emily C. Harlan beneficially owns 17,552 shares of Bandwidth Inc. Class A Common Stock and holds multiple Restricted Stock Unit awards that each convert into one share of Class A Common Stock upon vesting.
What RSU positions tied to BAND stock are reported for Emily C. Harlan?
The Form 3 lists Restricted Stock Units representing 930, 1,952, 4,859, and 23,520 underlying shares of Bandwidth Inc. Class A Common Stock, each RSU converting into one share of Class A Common Stock upon settlement.
How do Emily C. Harlan’s RSUs in BAND stock vest?
For grants of 11,166, 5,857, 11,661, and 23,520 RSUs, the filing states that one third vests on the first anniversary of each grant date and the remaining shares vest in eight equal quarterly installments beginning on the specified future dates.
What does each Restricted Stock Unit for BAND represent in this Form 3?
Each Restricted Stock Unit reported for Emily C. Harlan represents a contingent right to receive one share of Bandwidth Inc. Class A Common Stock, as disclosed in the footnote describing the RSU awards.
Does the Form 3 for BAND indicate any recent buy or sell transactions?
No. The entries are reported as holdings, with no buy or sell transaction codes, and the transaction summary shows zero buys, zero sells, and net buy/sell direction marked as neutral.
AI-generated analysis. How Rhea-AI works. Not financial advice.
