Bandwidth HR chief exercises 7,797 RSUs, sells 2,713 shares
Bandwidth Inc. (BAND) director and Chief People Officer Rebecca Bottorff reported multiple equity transactions.
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Form Type
4
Rhea-AI Filing Summary
Bandwidth Inc. (BAND) director and Chief People Officer Rebecca Bottorff reported multiple equity transactions. On August 28, 2026, she exercised 7,797 Restricted Stock Units into Class A Common Stock at $0 per share. On August 31, 2026, she sold a total of 2,713 Class A shares in open-market or private transactions at weighted average prices of $48.82 and $49.60 per share, with actual trade prices ranging between $48.29–$49.28 and $49.33–$49.6351.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
8 txns
Insider
Bottorff Rebecca
Role
Chief People Officer
Sold
2,713 shs ($133K)
Approx. gross sale proceeds
$133K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 1,587 | $48.8226 | $77K |
| Sale | Class A Common Stock F2 | 1,126 | $49.6021 | $56K |
| Exercise | Restricted Stock Units F3, F4 | 1,487 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F5 | 4,121 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F6 | 2,189 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,487 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 4,121 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 2,189 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 15,061 contracts (Direct);
Class A Common Stock — 10,704 shares (Direct)
Footnotes (6)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.29 to $49.28. 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.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.33 to $49.6351. The Reporting Person undertakes to provide 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.
- F3. Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- F4. On August 28, 2023, the Reporting Person was granted 17,844 Restricted Stock Units, one third of which vest on the first anniversary of the date of grant and the remaining shares vest in eight equal quarterly installments beginning on November 28, 2024.
- F5. On November 28, 2023, the Reporting Person was granted 49,451 Restricted Stock Units, one third of which vest on the first anniversary of the date of grant and the remaining shares vest in eight equal quarterly installments beginning on February 28, 2025.
- F6. On November 28, 2024, the Reporting Person was granted 26,257 Restricted Stock Units, one third of which vested on the first anniversary of the date of grant and the remaining shares vest in eight equal quarterly installments beginning on February 28, 2026.
Key Figures
Shares sold August 31, 2026: 2,713 shares of Class A Common Stock
Weighted average sale price (lot 1): $48.8226 per share
Weighted average sale price (lot 2): $49.6021 per share
+4 more
7 metrics
Shares sold August 31, 2026
2,713 shares of Class A Common Stock
Total sell transactions reported on that date
Weighted average sale price (lot 1)
$48.8226 per share
Sale of 1,587 shares; individual prices $48.29–$49.28
Weighted average sale price (lot 2)
$49.6021 per share
Sale of 1,126 shares; individual prices $49.33–$49.6351
RSUs exercised
7,797 Restricted Stock Units
Converted into Class A Common Stock on August 28, 2026
RSU grant August 28, 2023
17,844 Restricted Stock Units
Time-based vesting: one third on first anniversary, then eight quarterly installments
RSU grant November 28, 2023
49,451 Restricted Stock Units
Time-based vesting with one third after one year, then eight quarterly installments
RSU grant November 28, 2024
26,257 Restricted Stock Units
One third vested after one year, remainder in eight quarterly installments
Key Terms
Restricted Stock Unit, weighted average price, Class A Common Stock
3 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
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.
Class A Common Stock financial
"one share of the Company's 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did BAND’s Rebecca Bottorff report on this Form 4?
Rebecca Bottorff, a director and Chief People Officer of Bandwidth Inc. (BAND), reported exercising 7,797 Restricted Stock Units into Class A Common Stock on August 28, 2026, and selling 2,713 Class A shares on August 31, 2026, in open-market or private transactions.
What Restricted Stock Units did BAND’s Rebecca Bottorff exercise in this filing?
She exercised a total of 7,797 Restricted Stock Units on August 28, 2026, each representing the right to receive one share of Bandwidth’s Class A Common Stock. These RSUs relate to grants of 17,844, 49,451, and 26,257 units awarded in 2023 and 2024 with time-based vesting schedules.
What does each Restricted Stock Unit represent for BAND in this Form 4?
Each Restricted Stock Unit in this Form 4 represents a contingent right to receive one share of Bandwidth Inc.’s Class A Common Stock, as disclosed in the footnotes describing the RSU awards and their vesting terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
