Bandwidth Inc. (BAND) CIO reports RSU vesting and tax-share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bandwidth Inc. Chief Information Officer Ross Kade reported equity compensation activity involving Class A Common Stock. On February 20, 2026, he acquired 10,976 shares through the exercise or conversion of a derivative security, corresponding to 10,976 Restricted Stock Units that fully vested immediately.
On the same date, 3,546 shares were disposed of at a price of $15.12 per share to cover the exercise price or tax withholding obligations, rather than an open-market sale. After these transactions, Kade directly owned 88,822 shares of Bandwidth Inc. Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ross Kade
Role
Chief Information Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Class A Common Stock | 10,976 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 3,546 | $15.12 | $54K |
Holdings After Transaction:
Class A Common Stock — 92,368 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did Bandwidth Inc. (BAND) report for Ross Kade?
Bandwidth Inc. reported that Chief Information Officer Ross Kade acquired 10,976 shares of Class A Common Stock via a derivative exercise and disposed of 3,546 shares to cover exercise or tax obligations, leaving him with direct ownership of 88,822 shares after the transactions.
What does the footnote about Restricted Stock Units mean in the Bandwidth Inc. (BAND) Form 4?
The footnote explains that on February 20, 2026, Ross Kade was granted 10,976 Restricted Stock Units and all units vested immediately. That grant and immediate vesting correspond to the 10,976-share acquisition recorded as an exercise or conversion of a derivative security.