Monitor for additional selling in the next 30 days — if volume accelerates, it could signal weakening confidence. However, current activity is within normal ranges for post-earnings or vesting cycles.
Price Chart
Executive Summary
Multiple Bandwidth insiders executed share transactions over the past week, with four C-suite executives selling a combined $968K in open-market transactions. The sales represent modest insider selling activity, while derivative exercises (non-cash) were routine and not economically significant.
Key Financial Metrics
Key Facts
- Four C-suite executives sold shares in open-market transactions totaling $968,630.30.
- CEO David Morken and CFO Daryl Raiford exercised derivatives (non-cash, $0 value), consistent with routine equity plan activity.
- Total open-market selling represents approximately 0.2% of Bandwidth's $488M market cap — modest but not material.
- No insider purchases were reported; all selling occurred at prices between $14.94 and $15.53.
- Derivative exercises by insiders (11 transactions) had no cash value and are administrative in nature.
Financial Impact
$968,630 in open-market sales by insiders, ~0.2% of market cap
Risk Factors
- Perception of insider selling may weigh on investor sentiment near-term.
- Concentration of selling among multiple executives could be misinterpreted as coordinated, though timing aligns with typical vesting schedules.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (15 trades, 7d window) | cluster-BAND-1772658407934 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | 8-K | $50.08 $50.23 | ▲ +0.30% | ▼ −0.52% | $63.74 (+27.28%) |
Sep 15, 2026 17d ago | Press Release | $50.08 $50.23 | ▲ +0.30% | ▼ −0.52% | $63.74 (+27.28%) |
Sep 4, 2026 28d ago | 8-K | $43.77 $48.97 | ▲ +11.88% | ▲ +13.09% | $63.74 (+45.62%) |
Sep 3, 2026 29d ago | Insider Cluster | $47.09 $56.87 | ▲ +20.77% | ▲ +21.92% | $63.74 (+35.36%) |
Sep 2, 2026 4w ago | Insider Cluster | $47.09 $56.87 | ▲ +20.77% | ▲ +21.92% | $63.74 (+35.36%) |
Sep 1, 2026 4w ago | Insider Cluster | $50.79 $48.83 | ▼ −3.86% | ▼ −3.94% | $63.74 (+25.50%) |
Aug 28, 2026 5w ago | 144 | $49.00 $43.77 | ▼ −10.67% | ▼ −10.78% | $63.74 (+30.08%) |
Aug 18, 2026 6w ago | Insider Cluster | $52.30 $46.89 | ▼ −10.34% | ▼ −9.96% | $63.74 (+21.87%) |
Jul 29, 2026 9w ago | 8-K | $36.95 $45.67 | ▲ +23.60% | ▲ +18.07% | $63.74 (+72.50%) |
Jun 16, 2026 15w ago | 8-K | $51.78 $52.73 | ▲ +1.83% | ▲ +4.07% | $63.74 (+23.10%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access