Krupka Devin M 4
4 · Bandwidth Inc. · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Bandwidth (BAND) Controller Devin Krupka Receives Award (1,842 shares)
What Happened
Devin M. Krupka, Controller (PAO) of Bandwidth Inc. (BAND), had 1,842 Restricted Stock Units (RSUs convertable to Class A common shares) vest on March 21, 2026. The RSUs were settled at $0 exercise price; 524 shares were withheld to cover tax withholding at $15.46 per share (total withheld value $8,101), leaving Krupka with a net 1,318 shares. The Form 4 was filed March 23, 2026.
Key Details
- Transaction date(s): March 21, 2026; Form 4 filed March 23, 2026 (appears timely within the normal 2-business-day window).
- Entries on the Form 4: M = conversion/settlement of derivative (1,842 shares); F = tax withholding/payment (524 shares at $15.46, $8,101).
- Net shares received: 1,318 (1,842 vested − 524 withheld).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 clarifies each RSU equals one contingent share; F2 notes the RSUs were a March 21, 2022 grant of 7,368 RSUs vesting in four equal annual installments (7,368 / 4 = 1,842), so this represents one installment.
Context
This was a routine RSU vesting and tax-withholding event (not an open-market purchase or discretionary sale). The $0 exercise price is typical for RSUs; withholding of a portion of shares to cover taxes is common and is reported as a disposition (code F). Such withholding/sales are administrative and do not necessarily indicate the insider’s view on the company’s stock.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
2026-03-21+1,842→ 31,577 total - Tax Payment
Class A Common Stock
2026-03-21$15.46/sh−524$8,101→ 31,053 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-03-21−1,842→ 0 total→ Class A Common Stock (1,842 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of Bandwidth Inc. Class A Common Stock.
- [F2]On March 21, 2022, the Reporting Person was granted 7,368 Restricted Stock Units, which vested in four equal annual installments beginning on March 21, 2023.