BAND Bandwidth Inc.
Price Chart
Executive Summary
Daryl Raiford, an officer of Bandwidth Inc., filed a Form 144 notifying intent to sell 81,000 shares of common stock, valued at approximately $1.31 million, following vesting of restricted stock units between January and March 2026. The shares may be sold over the next three months under a Rule 10b5-1 plan established in December 2025.
Actionable Insight
Monitor for actual sales in the coming weeks; while this is a routine 10b5-1 plan execution, the volume represents a notable insider disposition. Given the pre-established nature of the plan, it should not be interpreted as a negative signal unless accompanied by other negative developments.
Key Facts
- Reporting person: Daryl Raiford, Officer of Bandwidth Inc.
- Number of shares: 81,000 common shares
- Approximate value: $1,310,256 (based on $16.18 average price from transaction history)
- Shares resulted from restricted stock unit vesting between January 3, 2026 and March 2, 2026
- Sale plan: Rule 10b5-1 adopted on December 3, 2025, allowing sales over the next three months
- Broker: Morgan Stanley Smith Barney LLC
- Filing date: April 16, 2026
Financial Impact
Approximately $1.31 million in potential insider selling over the next three months
Risk Factors
- Potential near-term downward pressure on stock if sales are executed rapidly
- Perception of insider selling could affect market sentiment, especially given Bandwidth's small market cap of $602M
Market Snapshot
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001405026-26-000028 |
| Document: 0001405026-26-000028-index.html | 0001405026-26-000028 |
| Document: 0001405026-26-000028.txt | 0001405026-26-000028 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 3, 2026
6d ago
|
Insider Cluster
| $73.19 $72.20 | ▼ −1.35% | ▲ +1.22% | $68.84 (−5.94%) |
|
Jun 1, 2026
8d ago
|
Insider Cluster
| $67.87 $65.60 | ▼ −3.34% | ▼ −2.62% | $68.84 (+1.43%) |
|
May 28, 2026
13d ago
|
144
| $57.66 $64.97 | ▲ +12.68% | ▲ +12.44% | $68.84 (+19.39%) |
|
May 12, 2026
28d ago
|
8-K
| $51.01 $51.01 | · 0.00% | ▲ +0.00% | $68.84 (+34.95%) |
|
May 11, 2026
4w ago
|
Insider Cluster
| $49.95 $49.44 | ▲ +1.02% | ▲ +0.88% | $68.84 (−37.82%) |
|
May 5, 2026
5w ago
|
Insider Cluster
| $52.10 $53.97 | ▲ +3.59% | ▲ +4.82% | $68.84 (+32.13%) |
|
Apr 30, 2026
5w ago
|
Insider Cluster
| $46.45 $48.58 | ▲ +4.59% | ▲ +4.92% | $68.84 (+48.20%) |
|
Apr 30, 2026
5w ago
|
Insider Cluster
| $36.81 $44.86 | ▲ +21.87% | ▲ +21.65% | $68.84 (+87.01%) |
|
Apr 17, 2026
7w ago
|
144
| $23.01 $24.13 | ▲ +4.87% | ▲ +5.06% | $68.84 (+199.17%) |
|
Mar 4, 2026
14w ago
|
Insider Cluster
| $16.45 $16.15 | ▲ +1.82% | ▲ +1.25% | $68.84 (−318.48%) |
US Market Status
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