Bandwidth director sells 5,696 Class A shares
Bandwidth Inc. director Lukas M. Roush reported an open-market sale of 5,696 shares of Class A Common Stock on May 5, 2026.
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Form Type
4
Rhea-AI Filing Summary
Bandwidth Inc. director Lukas M. Roush reported an open-market sale of 5,696 shares of Class A Common Stock on May 5, 2026. The shares were sold at a weighted average price of $47.6162 per share, in multiple trades between $47.20 and $47.90, leaving him with 56,602 shares directly owned.
Insider Trade Summary
Net Seller: 5,696 shares
Net Sell
1 txn
Insider
Roush Lukas M.
Role
Director
Sold
5,696 shs ($271K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 5,696 | $47.6162 | $271K |
Holdings After Transaction:
Class A Common Stock — 56,602 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.20 to $47.90. 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.
Key Figures
Shares sold: 5,696 shares
Weighted average sale price: $47.6162 per share
Price range of sales: $47.20 to $47.90 per share
+1 more
4 metrics
Shares sold
5,696 shares
Open-market sale on May 5, 2026
Weighted average sale price
$47.6162 per share
Class A Common Stock sale on May 5, 2026
Price range of sales
$47.20 to $47.90 per share
Multiple transactions in reported sale
Shares owned after transaction
56,602 shares
Direct holdings following May 5, 2026 sale
Key Terms
open-market sale, weighted average price, Class A Common Stock
3 terms
open-market sale financial
"The transaction_action field describes 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 price reported is a weighted average price for the shares sold."
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
"The security title is listed as 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Bandwidth Inc. (BAND) disclose for Lukas M. Roush?
Bandwidth Inc. disclosed that director Lukas M. Roush sold 5,696 shares of Class A Common Stock in an open-market transaction on May 5, 2026. After this sale, he directly owned 56,602 shares, according to the Form 4 filing details.
Was the Bandwidth Inc. (BAND) insider sale by Lukas M. Roush a market transaction?
Yes. The Form 4 describes the transaction as an open-market sale of Class A Common Stock. The shares were sold in multiple trades, with a weighted average price of $47.6162 and individual transaction prices ranging from $47.20 to $47.90 per share.
Does the Bandwidth Inc. (BAND) Form 4 mention a trading plan for Lukas M. Roush?
The provided Form 4 excerpt does not reference a Rule 10b5-1 trading plan for Lukas M. Roush. The only footnote explains that the reported sale price is a weighted average, with individual trades between $47.20 and $47.90 per share for the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
