---
schema_version: "secwatch.filing_event.v1"
accession: "0001514416-24-000127"
form_type: "8-K"
ticker: "BAND"
cik: "0001514416"
company_name: "Bandwidth Inc."
filed_at: "2024-07-05T23:59:59+00:00"
generated_at: "2026-05-31T23:20:27.555712+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Bandwidth COO resigns effective July 1; Devesh Agarwal named Interim COO

## Summary
- COO Anthony Bartolo resigned July 1; received accelerated vesting of 62,630 RSUs, forfeited 73,626 RSUs.
- Bartolo also received a conditional award valued at $1,107,760 in RSUs (released March 14, 2025) and a 12-month healthcare stipend of $2,540/month (grossed up).
- Devesh Agarwal, Chief Software Strategy Officer, appointed Interim COO effective July 1, 2024.
- Agarwal's employment agreement: $350,000 base salary, 50% target bonus, severance of 12 months base plus target bonus if terminated without cause.
- Agarwal is subject to 12-month non-compete and non-solicitation restrictions post-termination.

## SEC filing metadata
- accession: 0001514416-24-000127
- form_type: 8-K
- ticker: BAND
- cik: 0001514416
- company_name: Bandwidth Inc.
- filed_at: 2024-07-05T23:59:59+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/1514416/000151441624000127/0001514416-24-000127-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1514416/000151441624000127/band-20240701.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001514416-24-000127
- JSON: https://secwatch.observer/filing/0001514416-24-000127.json
- Plain text: https://secwatch.observer/filing/0001514416-24-000127.txt

## Key facts
- Executive change
  Anthony F. Bartolo resigned as Chief Operating Officer at Bandwidth Inc..
  - Action: resigned
  - Role: Chief Operating Officer
  source text: On July 1, 2024, Bandwidth Inc., a Delaware corporation (the “Company”), entered into a letter agreement (the “Bartolo Letter Agreement”) with Anthony F. Bartolo, the Company’s outgoing Chief Operating Officer, in connection with his resignation.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1514416/000151441624000127/0001514416-24-000127-index.htm
- Executive change
  Devesh Agarwal was appointed as Interim Chief Operating Officer at Bandwidth Inc..
  - Action: appointed
  - Role: Interim Chief Operating Officer
  source text: On July 1, 2024, the Company appointed Devesh Agarwal, its Chief Software Strategy Officer, to serve in an additional capacity as its Interim Chief Operating Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1514416/000151441624000127/0001514416-24-000127-index.htm

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