Form 4 for BAND Bandwidth Inc.
Accepted 2025-12-02 00:00:00 ET · period of report 2025-11-28 · accession 0001721962-25-000007 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-12-02 | 2025-11-28 | BAND | Morken David A. | COB, CEO, Dir | M - OptEx | $0.00 | +28.4K | 25.7K | New | $0 |
| D | 2025-12-02 | 2025-12-01 | BAND | Morken David A. | COB, CEO, Dir | S - Sale+OE | $14.06 | -12.6K | 29.5K | -30% | -$176.9K |
| D | 2025-12-02 | 2025-11-28 | BAND | Morken David A. | COB, CEO, Dir | A - Grant | $0.00 | +493.9K | 493.9K | New | $0 |
| DM | 2025-12-02 | 2025-11-28 | BAND | Morken David A. | COB, CEO, Dir | M - OptEx | $0.00 | -28.4K | 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 | 16,411 | $0.00 | 42,078 | D | — | — | |
| 2 | Common | Class A Common Stock | 2025-12-01 | S | D | 12,584 | $14.06 | 29,494 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.93 to $14.29. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 3 | Common | Class A Common Stock | 2025-11-28 | M | A | 4,236 | $0.00 | 17,940 | D | — | — | |
| 4 | Common | Class A Common Stock | 2025-11-28 | M | A | 7,727 | $0.00 | 25,667 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2025-11-28 | A | A | 493,867 | $0.00 | 493,867 | D | — · — to — | 493,867 Class A Common Stock | (F3) Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock. (F7) On November 28, 2025, the Reporting Person was granted 493,867 Restricted Stock Units, one third of which vest on the first anniversary of the date of grant and the remaining shares will vest in eight equal quarterly installments beginning on February 28, 2027. |
| 6 | Derivative | Restricted Stock Units | 2025-11-28 | M | D | 16,411 | $0.00 | 32,823 | D | — · — to — | 16,411 Class A Common Stock | (F3) Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock. (F6) On November 28, 2024, the Reporting Person was granted 49,234 Restricted Stock Units, one third of which vested on the first anniversary of the date of grant and the remaining shares will vest in eight equal quarterly installments beginning on February 28, 2026. |
| 7 | Derivative | Restricted Stock Units | 2025-11-28 | M | D | 7,727 | $0.00 | 30,908 | D | — · — to — | 7,727 Class A Common Stock | (F3) Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock. (F5) On November 28, 2023, the Reporting Person was granted 92,725 Restricted Stock Units, one third of which vested on the first anniversary of the date of grant and the remaining shares vest in eight equal quarterly installments beginning on February 28, 2025. |
| 8 | Derivative | Restricted Stock Units | 2025-11-28 | M | D | 4,236 | $0.00 | 0 | D | — · — to — | 4,236 Class A Common Stock | (F3) Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock. (F4) On November 28, 2022, the Reporting Person was granted 50,834 Restricted Stock Units, one third of which vested on the first anniversary of the date of grant and the remaining shares vested in eight equal quarterly installments beginning on February 28, 2024. |