Bandwidth (BAND) General Counsel sells 30,000 shares in open-market trade

(Moderate)

(Negative)

Form Type

Rhea-AI Filing Summary

Bandwidth Inc. General Counsel Richard Brandon Asbill sold 30,000 shares of Class A Common Stock in an open-market transaction. The weighted average sale price was $15.3364 per share, with individual trades executed between $15.23 and $15.67. After this sale, he held 47,613 shares directly.

Insider Trade Summary

Net Seller: 30,000 shares

Net Sell 1 txn

Insider Asbill Richard Brandon

Role General Counsel

Sold 30,000 shs ($460K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	30,000	$15.3364	$460K

Holdings After Transaction: Class A Common Stock — 47,613 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 $15.23 to $15.67. 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.

FAQ

What insider transaction did Bandwidth (BAND) report for its General Counsel?

Bandwidth reported that General Counsel Richard Brandon Asbill sold 30,000 shares of Class A Common Stock. The transaction was an open-market sale, leaving him with 47,613 shares of direct ownership following completion of the trade.

At what price did Bandwidth’s General Counsel sell shares in this Form 4 filing?

The shares were sold at a weighted average price of $15.3364 per share. Individual trades occurred at prices ranging from $15.23 to $15.67, reflecting multiple executions aggregated into a single reported transaction.

How many Bandwidth shares does the General Counsel own after the reported sale?

After selling 30,000 shares, General Counsel Richard Brandon Asbill directly owns 47,613 shares of Bandwidth Class A Common Stock. This post-transaction balance is explicitly stated as the total shares following the reported insider sale.

What does the weighted average price mean in Bandwidth’s Form 4 insider sale?

The weighted average price of $15.3364 represents the average price across multiple trades between $15.23 and $15.67. The insider notes that detailed information on shares sold at each specific price is available upon request.

Was the Bandwidth insider transaction a purchase or a sale of shares?

The transaction was a sale of shares by General Counsel Richard Brandon Asbill. It is classified as an open-market sale of 30,000 shares of Class A Common Stock, with the transaction code indicating a sale.

How many total shares did the Bandwidth insider sell in this reported transaction?

The filing shows that 30,000 shares of Bandwidth Class A Common Stock were sold. This amount represents the aggregate of multiple trades executed within a price range of $15.23 to $15.67 during the reported transaction date.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/04/2026 - 04:06 PM

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^*

Asbill Richard Brandon

(Last)

(First)

(Middle)

C/O BANDWIDTH INC.

2230 BANDMATE WAY

(Street)

RALEIGH

27607

(City)

(State)

(Zip)

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

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	03/04/2026		S		30,000	D	$15.3364⁽¹⁾	47,613	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 $15.23 to $15.67. 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 R. Brandon Asbill	03/04/2026
	** 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.

Source: View Original Filing on SEC EDGAR