Bandwidth Inc. (BAND) director Bottorff sells 9,425 shares in open market

Rhea-AI Filing Summary

Bandwidth Inc. director and Chief People Officer Rebecca Bottorff sold 9,425 shares of Class A Common Stock in an open-market transaction at a weighted average price of $45.3036 per share. Following the sale, she directly owns 50,535 shares.

Insider Trade Summary

Net Seller: 9,425 shares ($426,986)

Net Sell 1 txn

Insider Bottorff Rebecca

Role Chief People Officer

Sold 9,425 shs ($427K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	9,425	$45.3036	$427K

Holdings After Transaction: Class A Common Stock — 50,535 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 9,425 shares Weighted average sale price: $45.3036 per share Post-transaction holdings: 50,535 shares +2 more

5 metrics

Shares sold 9,425 shares Open-market sale of Class A Common Stock

Weighted average sale price $45.3036 per share Price for reported Bandwidth share sale

Post-transaction holdings 50,535 shares Direct Class A Common Stock held after sale

Price range of trades $45.01–$45.94 per share Range for individual sale transactions in Form 4 footnote

Transaction code S Sale in open market or private transaction

Key Terms

weighted average price, open-market sale, Class A Common Stock, Form 4

4 terms

weighted average price financial

"The price reported in Column 4 is a weighted average price."

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

"transaction_action": "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.

Class A Common Stock financial

""security_title": "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.

Form 4 regulatory

"INSIDER FILING DATA (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.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bottorff Rebecca

(Last) (First) (Middle)

C/O BANDWIDTH INC.

2230 BANDMATE WAY

(Street)

RALEIGH NORTH CAROLINA 27607

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Bandwidth Inc. [ BAND ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief People Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/04/2026		S		9,425	D	$45.3036(1)	50,535	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.01 to $45.94. 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.

Remarks:

	/s/ Leah Webb, Attorney-in-Fact for Rebecca Bottorff	05/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Bandwidth Inc. (BAND) report for Rebecca Bottorff?

Bandwidth Inc. reported that director and Chief People Officer Rebecca Bottorff sold 9,425 shares of Class A Common Stock. The sale was an open-market transaction at a weighted average price of $45.3036 per share, and she now directly owns 50,535 shares.

At what price did Rebecca Bottorff sell Bandwidth (BAND) shares?

Rebecca Bottorff’s reported sale used a weighted average price of $45.3036 per Bandwidth Class A share. A footnote states the trade occurred in multiple transactions, with individual prices ranging from $45.01 to $45.94 across the executed sales on that date.

How many Bandwidth (BAND) shares does Rebecca Bottorff hold after the Form 4 sale?

After selling 9,425 shares, Rebecca Bottorff directly holds 50,535 Bandwidth Class A Common shares. This remaining position figure comes from the Form 4’s post-transaction ownership column, which shows her direct holdings immediately following the reported open-market sale.

What type of transaction did Bandwidth (BAND) classify in Rebecca Bottorff’s Form 4?

The Form 4 classifies Rebecca Bottorff’s trade as an open-market sale of non-derivative Class A Common Stock, coded “S.” The filing specifies this as a sale in the market or a private transaction, not an option exercise, gift, or tax-withholding event.

Does the Bandwidth (BAND) Form 4 explain the price range for Bottorff’s sale?

Yes. A footnote explains that the reported $45.3036 price is a weighted average across multiple trades. Individual trades occurred at prices between $45.01 and $45.94, and detailed trade-by-trade information is available from the company, shareholders, or SEC staff upon request.