Bandwidth (BAND) CIO trades stock under 10b5-1 selling plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bandwidth Inc. Chief Information Officer Ross Kade reported a net sale of company stock. He sold 19,000 shares of Class A Common Stock in an open-market transaction at a weighted average price of $14.9441 per share under a Rule 10b5-1 trading plan adopted on November 24, 2025.
On February 28, 2026, Kade also exercised several batches of Restricted Stock Units, converting 446, 3,392 and 1,853 units into the same number of Class A shares at no cost, as each unit represents one share. A separate disposition of 1,619 shares at $14.82 per share covered tax obligations. Following these transactions, he directly held 73,894 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 19,000 shares ($283,938)
Net Sell
8 txns
Insider
Ross Kade
Role
Chief Information Officer
Sold
19,000 shs ($284K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 19,000 | $14.9441 | $284K |
| Exercise | Restricted Stock Units | 446 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,392 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,853 | $0.00 | -- |
| Exercise | Class A Common Stock | 446 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,392 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,853 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,619 | $14.82 | $24K |
Holdings After Transaction:
Class A Common Stock — 73,894 shares (Direct);
Restricted Stock Units — 892 shares (Direct)
Footnotes (1)
- Reflects shares sold pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on November 24, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.51 to $15.22. 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. Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock. On August 28, 2023, the Reporting Person was granted 5,353 Restricted Stock Units, one third of which vested on the first anniversary of the date of grant and the remaining shares vest in eight quarterly installments beginning on November 28, 2024. On November 28, 2023, the Reporting Person was granted 40,697 Restricted Stock Units, one third of which vested on the first anniversary of the date of grant and the remaining shares vest in eight equal quarterly installments beginning on February 28, 2025. On November 28, 2024, the Reporting Person was granted 22,238 Restricted Stock Units, one third of which vested on the first anniversary of the date of grant and the remaining shares vest in eight equal quarterly installments beginning on February 28, 2026.
