Form 4: Bandwidth Director Sells Shares
Insider Transaction (Form 4)
Lukas M. Roush, a Director of Bandwidth Inc., sold 1,500 shares of common stock on August 27, 2026 for $47.35 per share.
Summary
- Open-market sale: disposed of 1,500 Class A Common Stock at $47.35 ($71,025) on August 27, 2026; holds 58,436 after (Direct).
- Option exercise/conversion: acquired 3,333 Class A Common Stock on August 28, 2026; holds 61,769 after (Direct).
- Option exercise/conversion: disposed of 3,333 Restricted Stock Units on August 28, 2026; holds 3,333 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $71,025 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Lukas M. Roush — Director
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-27 | Open-market sale | Class A Common Stock | 1,500 | $47 | $71.0K | 58,436 |
| 2026-08-28 | Option exercise/conversion | Class A Common Stock | 3,333 | — | — | 61,769 |
| 2026-08-28 | Option exercise/conversion | Restricted Stock Units | 3,333 | — | — | 3,333 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-27 | Open-market sale (1,500 shares) |
| 2026-08-28 | Option exercise/conversion (3,333 shares) |
| 2026-08-28 | Option exercise/conversion (3,333 shares) |
Keywords
insider transaction, Form 4, BAND, Bandwidth Inc., bearish, Lukas M. Roush
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