Bandwidth (NASDAQ: BAND) director sells 1,500 shares in plan
Rhea-AI Filing Summary
Bandwidth Inc. (BAND) director Lukas M. Roush reported several equity transactions. On 2026-08-28, 3,333 Restricted Stock Units were converted into 3,333 shares of Class A Common Stock, reflecting vesting from a grant of 13,333 RSUs awarded on 2025-11-28 that vest in four equal quarterly installments beginning 2026-02-28. On 2026-08-27, he sold 1,500 shares of Class A Common Stock at $47.35 per share, executed pursuant to a Rule 10b5-1 plan adopted on 2026-05-28. Following the RSU conversion, 3,333 Class A shares from that award are held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Roush Lukas M.
Role
Director
Sold
1,500 shs ($71K)
Approx. gross sale proceeds
$71K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 3,333 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,333 | $0.00 | $0.00 |
| Sale | Class A Common Stock F1 | 1,500 | $47.35 | $71K |
Holdings After Transaction:
Restricted Stock Units — 3,333 shares (Direct);
Class A Common Stock — 61,769 shares (Direct)
Footnotes (3)
- F1. Reflects shares sold pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on May 28, 2026.
- F2. Each Restricted Stock Unit represents a contingent right to receive one share of the Bandwidth Inc. Class A Common Stock.
- F3. 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
RSUs converted: 3,333 Restricted Stock Units
Shares acquired from RSU conversion: 3,333 shares of Class A Common Stock
Shares sold: 1,500 shares of Class A Common Stock
+3 more
6 metrics
RSUs converted
3,333 Restricted Stock Units
Converted into Class A Common Stock on 2026-08-28
Shares acquired from RSU conversion
3,333 shares of Class A Common Stock
Acquired on 2026-08-28 upon RSU vesting/conversion
Shares sold
1,500 shares of Class A Common Stock
Sale on 2026-08-27
Sale price per share
$47.35 per share
Price for 1,500 shares sold on 2026-08-27
RSU grant size
13,333 Restricted Stock Units
Granted on 2025-11-28, vesting in four equal quarterly installments
Shares held after RSU transaction
3,333 shares
Total Class A Common Stock held directly from the reported RSU award after 2026-08-28
Key Terms
Restricted Stock Units, Rule 10b5-1 plan, Class A Common Stock, quarterly installments
4 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.
Rule 10b5-1 plan regulatory
"Reflects shares sold pursuant to a Rule 10b5-1 plan adopted"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
Class A Common Stock financial
"one share of the 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.
quarterly installments financial
"which vest in four equal quarterly installments beginning"
FAQ
What insider transactions did BAND director Lukas M. Roush report in this Form 4?
He reported converting 3,333 Restricted Stock Units into 3,333 Class A shares on 2026-08-28 and selling 1,500 Class A shares at $47.35 per share on 2026-08-27 under a Rule 10b5-1 plan.
Were Lukas M. Roush’s BAND stock sales made under a Rule 10b5-1 plan?
Yes. The sale of 1,500 shares on 2026-08-27 was made pursuant to a Rule 10b5-1 plan adopted by Lukas M. Roush on 2026-05-28, and the filing affirms use of a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
