Bandwidth's General Counsel Dumped Over 90% of His Stock Holdings. Here's a Deeper Look at the Sale.
Operating a cloud-native CPaaS platform for U.S. enterprises, this communications provider just reported significant insider selling.
Bandwidth's General Counsel Dumped Over 90% of His Stock Holdings. Here's a Deeper Look at the Sale.
Overview
Richard Brandon Asbill, General Counsel of Bandwidth Inc. (NASDAQ:BAND), reported the direct sale of 29,214 shares of Common Stock in a series of open-market transactions valued at approximately $2.1 million, according to the SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average reported price ($72.03); post-transaction value based on June 5, 2026 market close ($72.20).
Details
Bandwidth Inc. operates at scale within the U.S. cloud communications market, leveraging a robust CPaaS platform to enable seamless integration of voice and messaging into modern applications and services.
Source
Originally published at www.fool.com.
