Vistance CEO awarded 18,171 performance shares
Vistance Networks, Inc. reported that President and CEO Charles L. Treadway received an award of 18,171 shares of common stock on February 24, 2026, at a stated price of $0.00 per share, classified as a grant or award acquisition.
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Rhea-AI Filing Summary
Vistance Networks, Inc. reported that President and CEO Charles L. Treadway received an award of 18,171 shares of common stock on February 24, 2026, at a stated price of $0.00 per share, classified as a grant or award acquisition. These additional performance share units were earned based on actual performance and are scheduled to vest on June 1, 2026, subject to his continued employment. Following this award, he directly holds a total of 6,146,080 shares, which includes previously granted restricted stock units and performance share units with various vesting dates through 2028.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,171 | $0.00 | $0.00 |
Footnotes (2)
- F1. On 03/01/2023, the reporting person was granted 422,600 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 422,600 shares, effective on 12/18/2025, based upon estimated performance. On 01/08/2026, the Compensation Committee determined that 101,847 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 18,171 additional performance share unts 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.
- F2. As previously reported, includes (a) 440,000 restricted stock units that were granted on 03/01/2024 and will vest ratably on 06/01/2026 and 06/01/2027; (b) 893,334 restricted stock units that were granted on 06/01/2024 and will vest ratably on 06/01/2026 and 06/01/2027; (c) 787,500 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) 697,272 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.
FAQ
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What did Vistance Networks CEO receive in this Form 4 (COMM)?
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