Bandwidth COO sells 15,000 shares in open market
Bandwidth Inc. Chief Operating Officer Devesh Agarwal reported open-market sales of the company’s Class A Common Stock.
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Form Type
4
Rhea-AI Filing Summary
Bandwidth Inc. Chief Operating Officer Devesh Agarwal reported open-market sales of the company’s Class A Common Stock. He sold 10,258 shares on May 4, 2026 at a weighted average price of $45.0241 per share and 4,742 shares on May 5, 2026 at a weighted average price of $45.3864 per share. Following these transactions, he continues to hold 96,414 shares directly, indicating that a substantial stake remains after the sales. The prices reflect multiple trades within narrow ranges, as detailed in the footnotes.
Insider Trade Summary
Net Seller: 15,000 shares
Net Sell
2 txns
Insider
Agarwal Devesh
Role
Chief Operating Officer
Sold
15,000 shs ($677K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 4,742 | $45.3864 | $215K |
| Sale | Class A Common Stock | 10,258 | $45.0241 | $462K |
Holdings After Transaction:
Class A Common Stock — 96,414 shares (Direct)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.00 to $45.03. The Reporting Person undertakes to provide Bandwidth Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.065 to $45.95. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold May 4, 2026: 10,258 shares
Price May 4, 2026: $45.0241 per share
Shares sold May 5, 2026: 4,742 shares
+3 more
6 metrics
Shares sold May 4, 2026
10,258 shares
Open-market sale of Class A Common Stock
Price May 4, 2026
$45.0241 per share
Weighted average sale price
Shares sold May 5, 2026
4,742 shares
Open-market sale of Class A Common Stock
Price May 5, 2026
$45.3864 per share
Weighted average sale price
Total shares sold
15,000 shares
Net shares sold across both transactions
Shares held after transactions
96,414 shares
Direct ownership of Class A Common Stock
Key Terms
Class A Common Stock, open-market sale, weighted average price, Form 4
4 terms
Class A Common Stock financial
"The transactions involved Bandwidth Inc. Class A Common Stock, a non-derivative security."
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.
open-market sale financial
"Both reported trades are coded as open-market or private sale transactions, indicating direct share sales."
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 price reported in Column 4 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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Bandwidth Inc. (BAND) report for Devesh Agarwal?
Bandwidth Inc.’s Chief Operating Officer, Devesh Agarwal, reported two open-market sales of Class A Common Stock. He sold 10,258 shares on May 4, 2026 and 4,742 shares on May 5, 2026, totaling 15,000 shares across both days.
Were Devesh Agarwal’s Bandwidth Inc. (BAND) sales single trades or multiple executions?
According to the footnotes, each day’s reported price is a weighted average. The May 4, 2026 sales occurred between $45.00 and $45.03 per share, while May 5, 2026 sales ranged from $45.065 to $45.95, reflecting multiple executions within those price bands.
What type of security did Devesh Agarwal sell in Bandwidth Inc. (BAND)?
The transactions involved Bandwidth Inc. Class A Common Stock, a non-derivative security. Both reported trades are coded as open-market or private sale transactions, indicating direct share sales rather than option exercises, gifts, or other derivative-related activities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
