---
schema_version: "secwatch.filing_event.v1"
accession: "0001514416-22-000213"
form_type: "8-K"
ticker: "BAND"
cik: "0001514416"
company_name: "Bandwidth Inc."
filed_at: "2022-11-21T23:59:59+00:00"
generated_at: "2026-06-21T14:59:59.783604+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Bandwidth enters severance agreement with outgoing President Marina Carreker

## Summary
- Marina Carreker resigns as President, stays through Dec 31; receives $276,700 cash severance over 12 months.
- Additional $138,350 representing annual target bonus, payable over 12 months.
- Monthly healthcare stipend of $2,177.55 and $1,017.86 for life insurance premiums, both for 12 months.
- 1,245 RSUs vesting Jan 2, 2023 accelerate to Dec 31, 2022; other RSUs continue vesting through Dec 31.
- Eligible for additional 2022 performance bonus in Feb 2023 if Compensation Committee approves.

## SEC filing metadata
- accession: 0001514416-22-000213
- form_type: 8-K
- ticker: BAND
- cik: 0001514416
- company_name: Bandwidth Inc.
- filed_at: 2022-11-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1514416/000151441622000213/0001514416-22-000213-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1514416/000151441622000213/band-20221117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001514416-22-000213
- JSON: https://secwatch.observer/filing/0001514416-22-000213.json
- Plain text: https://secwatch.observer/filing/0001514416-22-000213.txt

## Key facts
- Executive change
  Marina C. Carreker resigned as President at Bandwidth Inc..
  - Action: resigned
  - Role: President
  source text: On November 17, 2022, Bandwidth Inc., a Delaware corporation (the “Company”), entered into a letter agreement (the “Carreker Letter Agreement”) with Marina C. Carreker, the Company’s outgoing President, in connection with her resignation.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1514416/000151441622000213/0001514416-22-000213-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.