Form 4: Bandwidth CFO Sells Shares
Insider Transaction (Form 4)
Daryl E Raiford, Chief Financial Officer of Bandwidth Inc., sold 4,673 shares of common stock on August 28, 2026.
Summary
- Option exercise/conversion: acquired 5,730 Class A Common Stock on August 28, 2026; holds 34,335 after (Direct).
- Option exercise/conversion: acquired 6,170 Class A Common Stock on August 28, 2026; holds 40,505 after (Direct).
- Open-market sale: disposed of 2,734 Class A Common Stock at $48.82 ($133,481) on August 31, 2026; holds 37,771 after (Direct).
- Open-market sale: disposed of 1,939 Class A Common Stock at $49.60 ($96,178) on August 31, 2026; holds 35,832 after (Direct).
- Option exercise/conversion: disposed of 5,730 Restricted Stock Units on August 28, 2026; holds 5,731 after (Direct).
- Option exercise/conversion: disposed of 6,170 Restricted Stock Units on August 28, 2026; holds 30,850 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $229,659 of stock on the open market.
Insider Transactions
Daryl E Raiford — Officer (Chief Financial Officer)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-28 | Option exercise/conversion | Class A Common Stock | 5,730 | — | — | 34,335 |
| 2026-08-28 | Option exercise/conversion | Class A Common Stock | 6,170 | — | — | 40,505 |
| 2026-08-31 | Open-market sale | Class A Common Stock | 2,734 | $49 | $133.5K | 37,771 |
| 2026-08-31 | Open-market sale | Class A Common Stock | 1,939 | $50 | $96.2K | 35,832 |
| 2026-08-28 | Option exercise/conversion | Restricted Stock Units | 5,730 | — | — | 5,731 |
| 2026-08-28 | Option exercise/conversion | Restricted Stock Units | 6,170 | — | — | 30,850 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-28 | Option exercise/conversion (5,730 shares) |
| 2026-08-28 | Option exercise/conversion (6,170 shares) |
| 2026-08-31 | Open-market sale (2,734 shares) |
| 2026-08-31 | Open-market sale (1,939 shares) |
| 2026-08-28 | Option exercise/conversion (5,730 shares) |
| 2026-08-28 | Option exercise/conversion (6,170 shares) |
Keywords
insider transaction, Form 4, BAND, Bandwidth Inc., bearish, Daryl E Raiford
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