Chief People Officer Rebecca Bottorff sells entire 50,535-share stake at BAND for $2.5M
Rebecca Bottorff, the Chief People Officer and director at Bandwidth, sold her complete position of 50,535 shares on a single day, exiting her entire holdings in the company. This is her first open-market sale at Bandwidth and comes after the stock has rallied sharply over the prior month, meaning she sold into strength rather than during a pullback. The company's fundamentals remain mixed—while the latest quarter showed a return to profitability, the company is unprofitable on an annual basis and revenue growth remains modest. Bottorff's exit is notable because it represents a complete divestment by an executive with direct operational knowledge, and the timing into recent gains suggests she did not wait for a weaker moment to execute the sale.