Form 4: Bandwidth COO Sells Shares
Insider Transaction (Form 4)
Devesh Agarwal, Chief Operating Officer of Bandwidth Inc., sold 4,869 shares of common stock on August 28, 2026.
Summary
- Option exercise/conversion: acquired 3,927 Class A Common Stock on August 28, 2026; holds 76,703 after (Direct).
- Option exercise/conversion: acquired 2,086 Class A Common Stock on August 28, 2026; holds 78,789 after (Direct).
- Option exercise/conversion: acquired 5,218 Class A Common Stock on August 28, 2026; holds 84,007 after (Direct).
- Open-market sale: disposed of 2,849 Class A Common Stock at $48.82 ($139,096) on August 31, 2026; holds 81,158 after (Direct).
- Open-market sale: disposed of 2,020 Class A Common Stock at $49.60 ($100,196) on August 31, 2026; holds 79,138 after (Direct).
- Option exercise/conversion: disposed of 3,927 Restricted Stock Units on August 28, 2026; holds 3,927 after (Direct).
- Option exercise/conversion: disposed of 2,086 Restricted Stock Units on August 28, 2026; holds 10,426 after (Direct).
- Option exercise/conversion: disposed of 5,218 Restricted Stock Units on August 28, 2026; holds 31,309 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $239,292 of stock on the open market.
Insider Transactions
Devesh Agarwal — Officer (Chief Operating Officer)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-28 | Option exercise/conversion | Class A Common Stock | 3,927 | — | — | 76,703 |
| 2026-08-28 | Option exercise/conversion | Class A Common Stock | 2,086 | — | — | 78,789 |
| 2026-08-28 | Option exercise/conversion | Class A Common Stock | 5,218 | — | — | 84,007 |
| 2026-08-31 | Open-market sale | Class A Common Stock | 2,849 | $49 | $139.1K | 81,158 |
| 2026-08-31 | Open-market sale | Class A Common Stock | 2,020 | $50 | $100.2K | 79,138 |
| 2026-08-28 | Option exercise/conversion | Restricted Stock Units | 3,927 | — | — | 3,927 |
| 2026-08-28 | Option exercise/conversion | Restricted Stock Units | 2,086 | — | — | 10,426 |
| 2026-08-28 | Option exercise/conversion | Restricted Stock Units | 5,218 | — | — | 31,309 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-28 | Option exercise/conversion (3,927 shares) |
| 2026-08-28 | Option exercise/conversion (2,086 shares) |
| 2026-08-28 | Option exercise/conversion (5,218 shares) |
| 2026-08-31 | Open-market sale (2,849 shares) |
| 2026-08-31 | Open-market sale (2,020 shares) |
| 2026-08-28 | Option exercise/conversion (3,927 shares) |
| 2026-08-28 | Option exercise/conversion (2,086 shares) |
| 2026-08-28 | Option exercise/conversion (5,218 shares) |
Keywords
insider transaction, Form 4, BAND, Bandwidth Inc., bearish, Devesh Agarwal
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