BAND - Bandwidth Inc.

Insider Sale by Raiford Daryl E (CFO)

1 Month
After Trade
Before Trade

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Trade Summary

6 days ago, Raiford Daryl E, serving as CFO at Bandwidth Inc. (BAND), sold 33,126 shares at $15.33 per share, for a total transaction value of $507,832.00. Following this transaction, Raiford Daryl E now holds 36,645 shares of BAND.

This sale represents a 47.00% 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 Thursday, March 12, 2026 and publicly disclosed via SEC Form 4 filing on Monday, March 16, 2026, 4 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.

Raiford Daryl E

CFO

Daryl E. Raiford is the Chief Financial Officer of Bandwidth Inc. (NASDAQ: BAND), a position he has held since August 2021 after joining as Executive Vice President in July 2021.[[1]](https://fintool.com/app/research/companies/BAND/people/daryl-raiford)[[2]](https://www.bandwidth.com/people/daryl-raiford/)[[8]](https://www.prnewswire.com/news-releases/bandwidth-announces-daryl-raiford-as-new-chief-financial-officer-301327854.html) In this role, he oversees global finance and accounting, investor relations, corporate development, treasury, tax, financial analysis, and reporting.[[1]](https://fintool.com/app/research/companies/BAND/people/daryl-raiford)[[2]](https://www.bandwidth.com/people/daryl-raiford/) Under his leadership in 2024, Bandwidth achieved 25% revenue growth to $748 million, Adjusted EBITDA of $82 million, free cash flow of $59 million, and a non-GAAP gross margin of 57%.[[1]](https://fintool.com/app/research/companies/BAND/people/daryl-raiford) He is a Certified Public Accountant (CPA) and holds a Bachelor of Business Administration in Accounting from The University of Texas at Austin; he is age 62.[[1]](https://fintool.com/app/research/companies/BAND/people/daryl-raiford)[[2]](https://www.bandwidth.com/people/daryl-raiford/) Raiford brings extensive experience in finance leadership across technology and telecommunications sectors.[[1]](https://fintool.com/app/research/companies/BAND/people/daryl-raiford)[[2]](https://www.bandwidth.com/people/daryl-raiford/) Prior roles include CFO at Ribbon Communications (where he led strategic transformation and M&A integrations, including the GENBAND-Sonus merger and ECI Telecom acquisition), GENBAND, Travelport Worldwide, and VP & Chief Accounting Officer at Freescale Semiconductor.[[1]](https://fintool.com/app/research/companies/BAND/people/daryl-raiford)[[2]](https://www.bandwidth.com/people/daryl-raiford/) He also served as VP Finance & Administration, Americas at Hewlett-Packard, Corporate Controller at Compaq Computer (until HP acquisition), and Auditor at Price Waterhouse in London and Houston.[[1]](https://fintool.com/app/research/companies/BAND/people/daryl-raiford) Additionally, he chairs the Audit Committee and serves on the Board of Directors of Leone Media Inc. (operating as MediaKind).[[2]](https://www.bandwidth.com/people/daryl-raiford/) As a corporate insider, he has recently sold shares, including 22,957 on March 5, 2026, and 8,473 on May 30 (prior year).[[3]](https://www.gurufocus.com/news/8686498/insider-sell-daryl-raiford-sells-22957-shares-of-bandwidth-inc-band?mobile=true)[[6]](https://fr.tradingview.com/news/tradingview:cc81702b291be:0-bandwidth-cfo-daryl-raiford-sells-8-473-shares/)

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Trade Price

$15.33

Quantity

33,126

Total Value

$507,832.00

Shares Owned

36,645

Trade Date

Thursday, March 12, 2026

6 days ago

SEC Filing Date

Monday, March 16, 2026

Filed 4 days after trade

TECHNOLOGYSOFTWARE - INFRASTRUCTURE

About Bandwidth Inc.

Company Overview

No company information available
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