Vistance Networks (COMM) CEO granted 18,171 performance-based shares

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.

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

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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^*

Treadway Charles L.

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

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		18,171	A(1)	$0	6,146,080(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 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.

2. 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.

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

What did Vistance Networks CEO receive in this Form 4 (COMM)?

The CEO received an award of 18,171 common shares on February 24, 2026 at a stated price of $0.00 per share. These shares stem from performance share units earned based on the company’s actual performance over a defined performance period.

How many Vistance Networks shares does the CEO hold after this award (COMM)?

After the award, the CEO directly holds 6,146,080 shares of Vistance Networks common stock. This total includes previously granted restricted stock units and performance share units that will vest on several dates between June 1, 2026 and June 1, 2028.

When will the 18,171 awarded shares to Vistance’s CEO vest (COMM)?

The 18,171 performance share units earned by the CEO are scheduled to vest on June 1, 2026. Vesting is contingent on his continued employment with the company through that date, as determined by the issuer’s Compensation Committee.

What performance-based awards are referenced for the Vistance CEO (COMM)?

The filing notes performance share units originally granted on March 1, 2023, with adjustments based on performance. The Compensation Committee approved vesting of 422,600 shares effective December 18, 2025 and later determined additional earned units, including 18,171 now reported.

What other restricted stock units does the Vistance CEO hold (COMM)?

The CEO’s holdings include restricted stock units of 440,000, 893,334, and 787,500 granted in 2024 and 2025. These are scheduled to vest ratably on June 1 of 2026, 2027, and 2028, subject to his continued employment with the company.

How many performance share units will vest for the Vistance CEO on June 1, 2026 (COMM)?

The CEO has 697,272 performance share units that were earned on January 8, 2026 and are set to vest on June 1, 2026. These units are in addition to the 18,171 performance share units scheduled to vest on the same date.