BAND Bandwidth Inc.
Price Chart
Executive Summary
A cluster of insider selling at Bandwidth Inc. (BAND) occurred on May 29, 2026, with the CEO, CFO, Chief People Officer, and Controller collectively selling $399K in open-market transactions at ~$58.37/share. The sales follow a wave of derivative exercises on May 28 and 30, indicating a typical cashless exercise-and-sell pattern for tax obligations, not a coordinated bearish signal. At 0.02% of market cap ($2.1B), the dollar value is trivial and routine.
Key Financial Metrics
Actionable Insight
This cluster is routine and non-informative. The sales are mechanically tied to option exercises and tax withholding, not a bearish signal. Monitor for any upcoming earnings or material agreements that could trigger a re-rating, but this filing alone does not warrant action.
Key Facts
- Four insiders sold a total of $399K in open-market sales on May 29, 2026, at ~$58.37/share.
- CEO David Morken sold $154K, CFO Daryl Raiford sold $132K, CPO Rebecca Bottorff sold $73K, and Controller Devin Krupka sold $40K.
- All four insiders exercised stock options (non-cash) on May 28 or May 30, 2026, immediately preceding or coinciding with the sales.
- Total selling value of $399K represents only 0.02% of BAND's $2.1B market cap.
- The sales follow a pattern of cashless exercise-and-sell to cover tax withholding obligations, not discretionary portfolio liquidation.
- Prior 30-day insider activity showed 8 sells totaling $873K, consistent with routine option exercise patterns.
Financial Impact
Total insider sales of $399K, or 0.02% of market cap — immaterial relative to company size.
Risk Factors
- Insider selling could accelerate if the stock appreciates further, but this is typical post-vesting behavior.
- No evidence of a material negative catalyst; the cluster is consistent with normal compensation-related transactions.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BAND-1780346676726 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 3, 2026
3d ago
|
Insider Cluster
| $73.19 $72.20 | ▼ −1.35% | ▲ +1.22% | $72.20 (−1.35%) |
|
Jun 1, 2026
5d ago
|
Insider Cluster
| — | awaiting T+1 | — | — |
|
May 28, 2026
9d ago
|
144
| — | awaiting T+1 | — | — |
|
May 12, 2026
25d ago
|
8-K
| $51.01 $51.01 | · 0.00% | ▲ +0.00% | $72.20 (+41.54%) |
|
May 11, 2026
26d ago
|
Insider Cluster
| $49.95 $49.44 | ▲ +1.02% | ▲ +0.88% | $72.20 (−44.54%) |
|
May 5, 2026
4w ago
|
Insider Cluster
| — | awaiting T+1 | — | — |
|
Apr 30, 2026
5w ago
|
Insider Cluster
| $46.45 $48.58 | ▲ +4.59% | ▲ +4.92% | $72.20 (+55.44%) |
|
Apr 30, 2026
5w ago
|
Insider Cluster
| $36.81 $44.86 | ▲ +21.87% | ▲ +21.65% | $72.20 (+96.14%) |
|
Apr 17, 2026
7w ago
|
144
| $23.01 $24.13 | ▲ +4.87% | ▲ +5.06% | $72.20 (+213.78%) |
|
Mar 4, 2026
13w ago
|
Insider Cluster
| $16.45 $16.15 | ▲ +1.82% | ▲ +1.25% | $72.20 (−338.91%) |
US Market Status
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