Trade Summary
5 days ago, Raiford Daryl E, serving as CFO at Bandwidth Inc. (BAND), sold 22,807 shares at $16.05 per share, for a total transaction value of $365,941.00. Following this transaction, Raiford Daryl E now holds 69,771 shares of BAND.
This sale represents a 25.00% decrease in Raiford Daryl E's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Tuesday, March 10, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, March 12, 2026, 2 days after the trade was made.
Bandwidth Inc. operates in the TECHNOLOGY sector, specifically within the SOFTWARE - INFRASTRUCTURE industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.