{"schema_version":"secwatch.filing_event.v1","accession":"0001514416-21-000246","form_type":"8-K","ticker":"BAND","cik":"0001514416","company_name":"Bandwidth Inc.","filed_at":"2021-08-25T23:59:59+00:00","discovered_at":"2026-05-14T18:04:18.348076+00:00","generated_at":"2026-06-29T07:51:15.329479+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Bandwidth finalizes severance agreement with outgoing CFO Jeffrey Hoffman","bullets":["Hoffman to receive $392,652 cash over 12 months plus $170,149 (2/3 of 2021 bonus) by Sep 15, 2021.","Monthly healthcare stipend of $2,067.45 for 12 months.","RSUs vesting in Sep 2021 (527), Nov 2021 (119), Feb 2022 (4,997) fully vest on Aug 31, 2021.","Hoffman stays through Aug 31 to transition to new CFO Daryl Raiford (appointed Aug 13, 2021)."],"urls":{"canonical":"https://secwatch.observer/filing/0001514416-21-000246","json":"https://secwatch.observer/filing/0001514416-21-000246.json","markdown":"https://secwatch.observer/filing/0001514416-21-000246.md","text":"https://secwatch.observer/filing/0001514416-21-000246.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1514416/000151441621000246/0001514416-21-000246-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1514416/000151441621000246/band-20210819.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T07:51:15.329479+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9d3ecf89b9","claim":"Daryl Raiford was appointed as Chief Financial Officer at Bandwidth Inc..","evidence_excerpt":"Daryl Raiford, who was appointed the Company’s Chief Financial Officer effective August 13, 2021.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1514416/000151441621000246/0001514416-21-000246-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"fae0455534","claim":"Jeffrey A. Hoffman resigned as Chief Financial Officer at Bandwidth Inc..","evidence_excerpt":"On August 19, 2021, Bandwidth Inc., a Delaware corporation (the “Company”), entered into a letter agreement (the “Hoffman Letter Agreement”) with Jeffrey A. Hoffman, the Company’s outgoing Chief Financial Officer, in connection with his resignation.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1514416/000151441621000246/0001514416-21-000246-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}