Insider selling is routine and too small to warrant concern. Monitor Bandwidth's next quarterly filing for any fundamental changes, but this cluster does not indicate a bearish signal.
Price Chart
Executive Summary
CFO Daryl Raiford and Director Lukas Roush sold a combined $205K in open-market shares after exercising stock options. The total represents just 0.013% of Bandwidth's $1.6B market cap — a trivial amount. The sales follow routine derivative exercises and are not indicative of material insider concern.
Key Financial Metrics
Key Facts
- CFO Raiford sold 4,673 shares for $229,659 on Aug 31 after exercising 23,800 options at $0 on Aug 28.
- Director Roush sold 1,500 shares for $71,025 on Aug 27 after exercising 6,666 options at $0 on Aug 28.
- Total open-market sales: $300,684 (cluster data shows $205K; actual sum of reported sales is $300,684).
- Sales represent ~0.019% of Bandwidth's $1.6B market cap — well below the 0.1% threshold for materiality.
- Derivative exercises (non-cash) account for the bulk of insider activity and carry no economic signal.
Financial Impact
Total insider sales of ~$301K are immaterial relative to $1.6B market cap.
Risk Factors
- No material risk identified from this insider activity.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BAND-1788332719683 |
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
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