Bandwidth (BAND) chief people officer reports RSU share vesting on Jan 3
Rhea-AI Filing Summary
Bandwidth Inc. insider Rebecca Bottorff, a director and Chief People Officer, reported equity award activity on January 3, 2026. She exercised 1,556 Restricted Stock Units, receiving the same number of shares of Class A common stock at an exercise price of $0. To cover taxes, 525 shares of Class A common stock were withheld and disposed of at a price of $14.22 per share. After these transactions, Bottorff directly held 54,383 shares of Bandwidth Inc. Class A common stock.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,556 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,556 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 525 | $14.22 | $7K |
Footnotes (1)
- Each Restricted Stock Unit represents a contingent right to receive one share of Bandwidth Inc. Class A Common Stock. On January 3, 2022, the Reporting Person was granted 9,334 Restricted Stock Units, half of which vested in four equal quarterly installments beginning on March 31, 2022, and the remainder vested in three equal annual installments beginning on January 3, 2024.
FAQ
What insider transaction did BAND Director Rebecca Bottorff report?
Rebecca Bottorff reported the vesting and settlement of 1,556 Restricted Stock Units into Bandwidth Inc. Class A common stock, along with a related share withholding for taxes.
What role does Rebecca Bottorff hold at Bandwidth Inc.?
Rebecca Bottorff is both a Director and the Chief People Officer of Bandwidth Inc.
What were the original terms of the Restricted Stock Units reported in this BAND Form 4?
The filing states that on January 3, 2022, she was granted 9,334 Restricted Stock Units, with half vesting in four equal quarterly installments beginning March 31, 2022, and the remainder vesting in three equal annual installments beginning January 3, 2024.