Raiford Daryl E

Raiford Daryl E, Chief Financial Officer of BAND, has filed 70 Form 4 transactions, all in a single company. The pattern is one-directional: he has sold $5,058,271.73 worth of stock and has not recorded a single open-market purchase. His recent activity, 20 sales in the last reporting period, continues that trend. The sales cluster around option exercises and compensation events. On September 2, 2026, he sold shares in three transactions worth $164,443.04, $68,581.80, and $121,056.97. Two days earlier, on August 31, he sold $96,178.47 and $133,480.99. Those sales followed option exercises on August 28, which were recorded at zero value, a mechanical conversion. A similar pattern appeared in June. He sold $7,230, $35,581, $84,421.32, $118,191.34, and $195,629.43 on June 2, following a larger cluster on June 1 that included eight separate sales ranging from $26,060 to $225,933.83. Those sales came after an option exercise on May 30. The dollar values are consistent with a CFO monetizing vested equity rather than making a market call. The sales are frequent, spread across multiple days, and always tied to prior zero-value exercises. There is no buying bias in the record, and no recent purchase activity to offset the sell volume. The last sale in the data is from September 2, 2026, and the last exercise from August 28.