Bandwidth director sells 9,425 shares in open market
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.
Sentiment and the balance of points
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Form Type
4
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
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)
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 $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.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
