Director at Vistance Networks (VISN) awarded 16,807 restricted stock units as pay
Rhea-AI Filing Summary
Vistance Networks, Inc. director Joanne M. Maguire reported an equity compensation grant in the form of restricted stock units. She acquired 16,807 shares of common stock at no cash cost under the company’s non-employee director compensation plan, bringing her direct holdings to 175,300 shares.
The restricted stock units vest on the earlier of May 7, 2027 or the date of Vistance Networks’ 2027 annual stockholders’ meeting, as long as she continues serving on the Board of Directors through that date. This filing reflects routine director compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,807 | $0.00 | -- |
Footnotes (1)
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Key Figures
Key Terms
restricted stock units financial
non-employee director compensation plan financial
Board of Directors financial
annual stockholders' meeting financial
FAQ
What insider transaction did Joanne M. Maguire report at Vistance Networks (VISN)?
Joanne M. Maguire reported receiving 16,807 restricted stock units of Vistance Networks common stock as director compensation. The grant was made at a price of $0.00 per share and increased her direct holdings to 175,300 shares following the transaction.
Is the May 7, 2026 Vistance Networks (VISN) Form 4 a stock purchase or a compensation grant?
The Form 4 reflects a compensation grant, not a market purchase. Maguire acquired 16,807 restricted stock units at no cash cost under Vistance Networks’ non-employee director compensation plan, representing a grant, award, or other acquisition rather than an open-market trade.
When do Joanne M. Maguire’s restricted stock units at Vistance Networks (VISN) vest?
The restricted stock units vest on the earlier of May 7, 2027 or the date of Vistance Networks’ 2027 annual stockholders’ meeting. Vesting is contingent on her continued membership on the Board of Directors through the applicable vesting date.
What plan governs the restricted stock unit grant reported by Vistance Networks (VISN)?
The grant is made under Vistance Networks’ non-employee director compensation plan. Under this plan, directors receive restricted stock units that vest based on continued Board service through the earlier of May 7, 2027 or the 2027 annual stockholders’ meeting.