Chief People Officer Liquidates All Direct Holdings for $2.5M

summarizeSummary

Bandwidth Inc.'s Chief People Officer, Rebecca Bottorff, sold all 50,535 of her directly owned shares for approximately $2.5 million in an open market transaction.

check_boxKey Events

• Chief People Officer Sells All Direct Shares

  Rebecca Bottorff, Chief People Officer and Director, sold all 50,535 shares of Class A Common Stock she directly held, leaving her with zero direct ownership.

• Significant Insider Sale Value

  The open market sale totaled $2,497,647 at a weighted average price of $49.42 per share on May 12, 2026.

• Adds to Recent Insider Distribution Trend

  This transaction contributes to the net $-6.1 million in insider sales observed over the past 90 days, indicating a continued trend of insider distribution.

auto_awesomeAnalysis

Rebecca Bottorff, the Chief People Officer and a Director, sold all of her directly held shares in an open market transaction. This complete liquidation of direct holdings by a C-suite executive is a significant negative signal, especially as it adds to a broader trend of insider distribution totaling over $6 million in the past 90 days.