STOCK TITAN

Vistance Networks, Inc. (COMM) grants 16,300 shares, withholds 100,442 for taxes

(Very High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Vistance Networks, Inc.'s SVP & President, RUCKUS Networks, Giordano Bartolomeo reported equity compensation activity dated 06/01/2026. He received a grant of 16,300 shares of common stock. On the same date, 100,442 shares were withheld at $12.27 per share to satisfy tax obligations upon vesting of restricted and performance share units. After these transactions he directly holds 464,479 shares of common stock. Footnotes describe additional restricted stock units scheduled to vest in 2027 and 2028, contingent on his continued employment.

Positive

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Insider Giordano Bartolomeo
Role SVP & Pres., RUCKUS Networks
Type Security Shares Price Value
Grant/Award Common Stock 16,300 $0.00 $0.00
Exercise Price or Tax Liability Common Stock 100,442 $12.27 $1.23M
Holdings After Transaction: Common Stock — 464,479 shares (Direct)
Footnotes (3)
  1. F1. Reflects restricted stock units that will vest on 06/01/2027, subject to the reporting person's continued employment with the issuer.
  2. F2. As previously reported, includes (a) 26,400 restricted stock units that were granted on 03/01/2024 and will vest on 06/01/2027; (b) 53,600 restricted stock units that were granted on 06/01/2024 and will vest on 06/01/2027; and (c) 63,000 restricted stock units that were granted on 03/01/2025 and will vest ratably on 06/01/2027 and 06/01/2028; each subject to the reporting person's continued employment with the issuer.
  3. F3. Reflects shares withheld to cover taxes incurred upon the vesting of restricted stock units and performance share units.
Common stock grant 16,300 shares Grant of common stock on 06/01/2026
Tax-withheld shares 100,442 shares Shares withheld to cover taxes on 06/01/2026
Tax-withholding price $12.27 per share Per-share value used for tax-withheld shares
Post-transaction holdings 464,479 shares Direct common stock holdings after 06/01/2026 transactions
RSUs vesting 06/01/2027 (grant 03/01/2024) 26,400 units Restricted stock units scheduled to vest on 06/01/2027
RSUs vesting 06/01/2027 (grant 06/01/2024) 53,600 units Restricted stock units scheduled to vest on 06/01/2027
RSUs vesting 2027–2028 (grant 03/01/2025) 63,000 units Restricted stock units vesting on 06/01/2027 and 06/01/2028
restricted stock units financial
"Reflects restricted stock units that will vest on 06/01/2027, subject to the reporting person's continued employment"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance share units financial
"Reflects shares withheld to cover taxes incurred upon the vesting of restricted stock units and performance share units"
Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.
tax-withholding disposition financial
"transaction_action" : "tax-withholding disposition" for the 100,442-share transaction on 06/01/2026"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
vesting financial
"restricted stock units that were granted on 03/01/2025 and will vest ratably on 06/01/2027 and 06/01/2028"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
continued employment financial
"each subject to the reporting person's continued employment with the issuer"
Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What did Vistance Networks (COMM) insider Giordano Bartolomeo report in this Form 4?

Giordano Bartolomeo reported a 16,300-share common stock grant and 100,442 shares withheld to cover taxes. After these equity compensation and tax-withholding events, he directly holds 464,479 shares of Vistance Networks common stock.

How many shares were granted to Giordano Bartolomeo of Vistance Networks (COMM)?

Bartolomeo received a grant of 16,300 shares of Vistance Networks common stock on 06/01/2026. This grant is part of his equity compensation, with related footnotes describing restricted stock units that vest in future years subject to continued employment.

How many shares were withheld for taxes in the Vistance Networks (COMM) filing?

On 06/01/2026, 100,442 shares of common stock were withheld at $12.27 per share to cover tax liabilities. The footnotes state these shares relate to taxes incurred upon the vesting of restricted stock units and performance share units.

What is Giordano Bartolomeo’s post-transaction shareholding in Vistance Networks (COMM)?

Following the reported grant and tax-withholding transactions, Bartolomeo directly holds 464,479 shares of Vistance Networks common stock. This figure represents his direct post-transaction position as reported in the authoritative holdings data.

What future vesting restricted stock units does the Vistance Networks (COMM) Form 4 describe?

Footnotes describe 26,400, 53,600, and 63,000 restricted stock units scheduled to vest in 2027 and 2028. These RSUs remain subject to Bartolomeo’s continued employment with Vistance Networks, adding to his potential future share ownership.

Was the Vistance Networks (COMM) Form 4 filed under a Rule 10b5-1 trading plan?

The filing indicates the Rule 10b5-1 checkbox is not affirmed, so these transactions are not flagged as occurring under a 10b5-1 trading plan. They reflect compensation-related grants and tax-withholding rather than open-market trading activity.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Giordano Bartolomeo

(Last)(First)(Middle)
C/O VISTANCE NETWORKS, INC.
2601 TELECOM PARKWAY

(Street)
RICHARDSON TEXAS 75082

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Vistance Networks, Inc. [ VISN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP & Pres., RUCKUS Networks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/01/2026A16,300(1)A$0564,921(2)D
Common Stock06/01/2026F100,442(3)D$12.27464,479(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects restricted stock units that will vest on 06/01/2027, subject to the reporting person's continued employment with the issuer.
2. As previously reported, includes (a) 26,400 restricted stock units that were granted on 03/01/2024 and will vest on 06/01/2027; (b) 53,600 restricted stock units that were granted on 06/01/2024 and will vest on 06/01/2027; and (c) 63,000 restricted stock units that were granted on 03/01/2025 and will vest ratably on 06/01/2027 and 06/01/2028; each subject to the reporting person's continued employment with the issuer.
3. Reflects shares withheld to cover taxes incurred upon the vesting of restricted stock units and performance share units.
/s/ Michael D. Coppin, Under a Power of Attorney06/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)