Bandwidth CPO sells 50,535 company shares
Bandwidth Inc. director and Chief People Officer Rebecca Bottorff reported an open-market sale of 50,535 shares of Class A Common Stock on May 12, 2026.
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Form Type
4
Rhea-AI Filing Summary
Bandwidth Inc. director and Chief People Officer Rebecca Bottorff reported an open-market sale of 50,535 shares of Class A Common Stock on May 12, 2026. The weighted average sale price was $49.4241 per share, with individual trades ranging from $49.40 to $49.75. Following this transaction, she reported holding 0 shares directly.
Insider Trade Summary
Net Seller: 50,535 shares
Net Sell
1 txn
Insider
Bottorff Rebecca
Role
Chief People Officer
Sold
50,535 shs ($2.50M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 50,535 | $49.4241 | $2.50M |
Holdings After Transaction:
Class A Common Stock — 0 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 $49.40 to $49.75. 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: 50,535 shares
Weighted average price: $49.4241 per share
Price range: $49.40–$49.75 per share
+2 more
5 metrics
Shares sold
50,535 shares
Class A Common Stock sold on May 12, 2026
Weighted average price
$49.4241 per share
Reported sale price for the transaction
Price range
$49.40–$49.75 per share
Range of individual trade prices in the sale
Shares after transaction
0 shares
Directly held Bandwidth Class A Common Stock
Net shares sold
50,535 shares
Net sell direction in transaction summary
Key Terms
Class A Common Stock, weighted average price, open-market sale, Form 4
4 terms
Class A Common Stock financial
"The filing reports a sale of 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.
weighted average price financial
"The price reported is a weighted average price for multiple trades."
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.
open-market sale financial
"The 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.
Form 4 regulatory
"The insider transaction is disclosed on 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 type of transaction did Rebecca Bottorff report in Bandwidth (BAND) stock?
The filing shows an open-market sale of Bandwidth Inc. Class A Common Stock. The transaction code was “S”, described as a sale in open market or private transaction, with all 50,535 shares sold on May 12, 2026.
What role does Rebecca Bottorff hold at Bandwidth Inc. (BAND)?
Rebecca Bottorff is identified as both a director and an officer of Bandwidth Inc., serving as the company’s Chief People Officer. These positions are disclosed alongside her reported open-market share sale in the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
