Form 4: Bandwidth Inc. General Counsel, Richard Brandon Asbill, Sells Shares
SEC Form 4 Filing
Richard Brandon Asbill, General Counsel of Bandwidth Inc., sold 9,878 shares of Class A Common Stock on March 5, 2025, at a weighted average price of $15.2443.
Summary
- On March 5, 2025, Richard Brandon Asbill, the General Counsel of Bandwidth Inc., sold 9,878 shares of Class A Common Stock.
- The sale was executed at a weighted average price of $15.2443 per share.
- Following the transaction, Asbill directly owns 42,475 shares of Bandwidth Inc. Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding a stock sale. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by a company insider could have a minor impact on shareholder sentiment, but is unlikely to have a significant long-term effect.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of the transaction: Richard Brandon Asbill sold shares of Bandwidth Inc. |
| 03/06/2025 | Date of signature on the SEC Form 4 filing. |
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