CFO at Vistance Networks (VISN) receives 5,181-share performance award

Rhea-AI Filing Summary

Vistance Networks, Inc. EVP & CFO Kyle David Lorentzen reported an equity award rather than an open-market trade. On 02/24/2026, he acquired 5,181 shares of common stock at $0.00 per share as a grant tied to performance share units. Following this award, he directly owns 2,055,307.465 shares, including multiple blocks of restricted and performance share units that vest between 06/01/2026 and 06/01/2028, subject to continued employment.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lorentzen Kyle David

Role EVP & CFO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,181	$0.00	--

Holdings After Transaction: Common Stock — 2,055,307.465 shares (Direct)

Footnotes (1)

1. On 03/01/2023, the reporting person was granted 120,500 performance share units, which number could be increased or decreased based upon the Company's satisfaction of certain performance criteria during the applicable performance period. On 12/16/2025, the Compensation Committee of the issuer approved the vesting of a portion of the performance share units representing 120,500 shares, effective on 12/18/2025, based upon estimated performance. On 01/08/2026, the Compensation Committee determined that 29,041 additional performance share units were earned based upon actual performance, which performance period ended on 12/31/2025. On 02/24/2026, the Compensation Committee determined that 5,181 additional performance share units were earned based upon actual performance, and such additional performance share units will vest on 06/01/2026, subject to the reporting person's continued employment with the issuer. As previously reported, includes (a) 125,400 restricted stock units that were granted on 03/01/2024 and will vest ratably on 06/01/2026 and 06/01/2027; (b) 394,600 restricted stock units that were granted on 06/01/2024 and will vest ratably on 06/01/2026 and 06/01/2027; (c) 307,100 restricted stock units that were granted on 03/01/2025 and will vest ratably on 06/01/2026, 06/01/2027 and 06/01/2028; and (d) 253,848 performance share units that were earned on 01/08/2026 and will vest on 06/01/2026; each subject to the reporting person's continued employment with the issuer.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Lorentzen Kyle David

(Last) (First) (Middle)

C/O VISTANCE NETWORKS, INC.

2601 TELECOM PARKWAY

(Street)

RICHARDSON TX 75082

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Vistance Networks, Inc. [ VISN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & CFO

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/24/2026		A		5,181	A(1)	$0	2,055,307.465(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On 03/01/2023, the reporting person was granted 120,500 performance share units, which number could be increased or decreased based upon the Company's satisfaction of certain performance criteria during the applicable performance period. On 12/16/2025, the Compensation Committee of the issuer approved the vesting of a portion of the performance share units representing 120,500 shares, effective on 12/18/2025, based upon estimated performance. On 01/08/2026, the Compensation Committee determined that 29,041 additional performance share units were earned based upon actual performance, which performance period ended on 12/31/2025. On 02/24/2026, the Compensation Committee determined that 5,181 additional performance share units were earned based upon actual performance, and such additional performance share units will vest on 06/01/2026, subject to the reporting person's continued employment with the issuer.

2. As previously reported, includes (a) 125,400 restricted stock units that were granted on 03/01/2024 and will vest ratably on 06/01/2026 and 06/01/2027; (b) 394,600 restricted stock units that were granted on 06/01/2024 and will vest ratably on 06/01/2026 and 06/01/2027; (c) 307,100 restricted stock units that were granted on 03/01/2025 and will vest ratably on 06/01/2026, 06/01/2027 and 06/01/2028; and (d) 253,848 performance share units that were earned on 01/08/2026 and will vest on 06/01/2026; each subject to the reporting person's continued employment with the issuer.

	/s/ Michael D. Coppin, Under a Power of Attorney	02/26/2026
	** Signature of Reporting Person	Date
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.
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FAQ

What insider transaction did Vistance Networks (VISN) report for its CFO?

The EVP & CFO of Vistance Networks reported receiving 5,181 shares of common stock as an equity grant. The award is tied to performance share units earned based on company performance, rather than a market purchase, and carries a price of $0.00 per share.

Was the Vistance Networks (VISN) CFO’s Form 4 transaction a stock purchase or an award?

The Form 4 shows an award, not an open-market purchase. The 5,181 shares were granted as additional performance share units earned for meeting performance criteria, recorded with a transaction price of $0.00 per share.

How many Vistance Networks (VISN) shares does the CFO hold after this grant?

After the 5,181-share grant, the EVP & CFO directly holds 2,055,307.465 shares of common stock. This total includes previously granted restricted stock units and performance share units scheduled to vest over several dates through 06/01/2028.

What conditions apply to the new 5,181-share award at Vistance Networks (VISN)?

The 5,181 additional performance share units were earned based on actual performance and will vest on 06/01/2026. Vesting is conditioned on the reporting person’s continued employment with Vistance Networks through that vesting date.

What other equity awards are outstanding for the Vistance Networks (VISN) CFO?

Outstanding awards include restricted stock units granted on 03/01/2024, 06/01/2024 and 03/01/2025, plus 253,848 performance share units earned on 01/08/2026. These tranches vest on various dates from 06/01/2026 through 06/01/2028, subject to continued employment.