Bandwidth director gets 3,333 shares from RSUs
Bandwidth Inc. (BAND) director Douglas A. Suriano reported the vesting and conversion of 3,333 Restricted Stock Units into 3,333 shares of Class A Common Stock on August 28, 2026.
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Form Type
4
Rhea-AI Filing Summary
Bandwidth Inc. (BAND) director Douglas A. Suriano reported the vesting and conversion of 3,333 Restricted Stock Units into 3,333 shares of Class A Common Stock on August 28, 2026. Following this derivative exercise/conversion, he directly owns 45,410 shares of Class A Common Stock.
Insider Trade Summary
3,333 shares exercised/converted
Exercise
2 txns
Insider
Suriano Douglas A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 3,333 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,333 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 3,333 contracts (Direct);
Class A Common Stock — 45,410 shares (Direct)
Footnotes (2)
- F1. Each Restricted Stock Unit represents a contingent right to receive one share of Bandwidth Inc. Class A Common Stock.
- F2. On November 28, 2025, the Reporting Person was granted 13,333 Restricted Stock Units, which vest in four equal quarterly installments beginning on February 28, 2026.
Key Figures
Restricted Stock Units converted: 3,333 units
Class A Common Stock acquired via conversion: 3,333 shares
Shares of Class A Common Stock owned after transaction: 45,410 shares
+3 more
6 metrics
Restricted Stock Units converted
3,333 units
RSUs converted to Class A Common Stock on August 28, 2026
Class A Common Stock acquired via conversion
3,333 shares
Shares received from RSU derivative exercise/conversion on August 28, 2026
Shares of Class A Common Stock owned after transaction
45,410 shares
Direct ownership following the August 28, 2026 transactions
RSUs granted
13,333 units
Restricted Stock Units granted on November 28, 2025
RSU vesting schedule
4 equal quarterly installments
Vesting begins on February 28, 2026
Transaction price per share
$0.00 per share
Listed for both RSU and common stock legs of the August 28, 2026 conversion
Key Terms
Restricted Stock Units, Class A Common Stock, derivative security
3 terms
Restricted Stock Units financial
"Each Restricted Stock Unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"to receive one share of Bandwidth Inc. 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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Bandwidth Inc. (BAND) director Douglas A. Suriano report in this Form 4?
He reported a derivative exercise/conversion where 3,333 Restricted Stock Units were converted into 3,333 shares of Class A Common Stock on August 28, 2026, increasing his directly held common shares to 45,410.
How many Bandwidth Inc. (BAND) RSUs did Douglas A. Suriano convert?
He converted 3,333 Restricted Stock Units, each representing a contingent right to receive one share of Class A Common Stock, into 3,333 shares on August 28, 2026.
At what price were the Bandwidth Inc. (BAND) RSUs converted in this Form 4?
The Form 4 lists the transaction price per share as $0.00 for both the 3,333 Restricted Stock Units and the corresponding 3,333 Class A Common Stock shares, reflecting a derivative exercise/conversion rather than a market purchase.
What grant details are disclosed about Douglas A. Suriano’s Bandwidth Inc. (BAND) RSUs?
He was granted 13,333 Restricted Stock Units on November 28, 2025, which vest in four equal quarterly installments beginning on February 28, 2026, as disclosed in the footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
