Form 4 for BAND Bandwidth Inc.
Accepted 2025-12-02 00:00:00 ET · period of report 2025-11-28 · accession 0001575505-25-000007 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2025-12-02 | 2025-11-28 | BAND | Bailey Brian D. | Dir | M - OptEx | $0.00 | +2,024 | 65.4K | +3% | $0 |
| D | 2025-12-02 | 2025-11-28 | BAND | Bailey Brian D. | Dir | A - Grant | $0.00 | +13.3K | 13.3K | New | $0 |
| D | 2025-12-02 | 2025-11-28 | BAND | Bailey Brian D. | Dir | M - OptEx | $0.00 | -2,024 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-11-28 | M | A | 2,024 | $0.00 | 65,422 | I See footnotes | — | — | (F2) Following the transactions reported herein, consists of 8,750 shares of Class A Common Stock held by Carmichael Partners, LLC and 56,672 shares of Class A Common Stock held of record by Brian D. Bailey. (F3) Pursuant to an agreement between Mr. Bailey and Carmichael Partners LLC, Carmichael Partners LLC is entitled to all economic benefit with respect to 7,234 shares held by Mr. Bailey. (F1) Carmichael Bandwidth LLC is the managing member of each of Carmichael Partners, LLC ("CP"); Carmichael Investment Partners II, LLC ("CP II"); and Carmichael Investment Partners III, LLC ("CP III"). Brian D. Bailey and Kevin J. Martin are the managing partners of Carmichael Bandwidth LLC and Carmichael Partners LLC and share voting and dispositive power with respect to the shares held by CP, CP II and CP III. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein. |
| 2 | Derivative | Restricted Stock Units | 2025-11-28 | A | A | 13,333 | $0.00 | 13,333 | D | — · — to — | 13,333 Class A Common Stock | (F4) Each Restricted Stock Unit represents a contingent right to receive one share of Bandwidth Inc. Class A Common Stock. (F6) On November 28, 2025, the Reporting Person was granted 13,333 Restricted Stock Units, which vest in four equal quarterly installments beginning on February 28, 2026. |
| 3 | Derivative | Restricted Stock Units | 2025-11-28 | M | D | 2,024 | $0.00 | 0 | D | — · — to — | 2,024 Class A Common Stock | (F4) Each Restricted Stock Unit represents a contingent right to receive one share of Bandwidth Inc. Class A Common Stock. (F5) On November 28, 2024, the Reporting Person was granted 8,098 Restricted Stock Units, which vested in four equal quarterly installments beginning on February 28, 2025. |