Bandwidth (BAND) officer sells 4,444 shares and gifts 3,333 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bandwidth Inc. officer Devin M. Krupka reported two transactions in Class A Common Stock. He made a bona fide gift of 3,333 shares at no consideration and separately completed an open-market sale of 4,444 shares at a weighted average price of $46.0377 per share. Following the sale transaction, he directly holds 26,609 shares of Bandwidth Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,444 shares ($204,592)
Net Sell
2 txns
Insider
Krupka Devin M
Role
Controller, PAO
Sold
4,444 shs ($205K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 4,444 | $46.0377 | $205K |
| Gift | Class A Common Stock | 3,333 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 26,609 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares gifted: 3,333 shares
Shares sold: 4,444 shares
Weighted average sale price: $46.0377 per share
+3 more
6 metrics
Shares gifted
3,333 shares
Bona fide gift of Class A Common Stock
Shares sold
4,444 shares
Open-market sale of Class A Common Stock
Weighted average sale price
$46.0377 per share
Price for 4,444 shares sold
Shares held after sale
26,609 shares
Direct holdings following open-market sale
Shares after gift entry
23,276 shares
Direct holdings following reported gift transaction
Net shares sold
4,444 shares
Net buy/sell shares from transaction summary
Key Terms
Bona fide gift, open-market sale, weighted average price, Class A Common Stock, +1 more
5 terms
Bona fide gift financial
"The transaction_code_description for the 3,333-share transfer is "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
open-market sale financial
"The 4,444-share transaction is described as an "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The footnote states the price reported is a "weighted average price""
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class A Common Stock financial
"Each transaction involves "Class A Common Stock" as the security title"
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.
Form 4 regulatory
"These insider transactions are reported in a Form 4 filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.