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Vistance Networks (VISN) awards SVP Charles Gilstrap 16,300 RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Gilstrap Charles A reported acquisition or exercise transactions in this Form 4 filing.

Vistance Networks SVP Charles A. Gilstrap received a grant of 16,300 shares of common stock on 06/01/2026 as a stock award, not an open-market purchase. The award consists of restricted stock units that will vest in equal parts on 06/01/2027, 06/01/2028 and 06/01/2029, subject to his continued employment with the company. After this grant, he directly holds 292,417 shares, including earlier restricted stock unit awards granted in 2024 and 2025 with vesting through 2028.

Positive

  • None.

Negative

  • None.
Insider Gilstrap Charles A
Role SVP, Treasury, Tax & CAO
Type Security Shares Price Value
Grant/Award Common Stock 16,300 $0.00 --
Holdings After Transaction: Common Stock — 292,417 shares (Direct, null)
Footnotes (1)
  1. Reflects restricted stock units that will vest ratably on 06/01/2027, 06/01/2028 and 06/01/2029, subject to the reporting person's continued employment with the issuer. As previously reported, includes (a) 36,750 restricted stock units that were granted on 06/01/2024 and will vest on 06/01/2027; and (b) 22,134 restricted stock units that were granted on 06/01/2025 and will vest ratably on 06/01/2027 and 06/01/2028; each subject to the reporting person's continued employment with the issuer.
RSU grant 16,300 shares Restricted stock unit award on 06/01/2026
Holdings after transaction 292,417 shares Direct common stock holdings following the grant
Grant price $0.0000 per share Reported transaction price for the RSU award
2024 RSU grant 36,750 RSUs Granted 06/01/2024, vesting on 06/01/2027
2025 RSU grant 22,134 RSUs Granted 06/01/2025, vesting ratably 06/01/2027-06/01/2028
restricted stock units financial
"Reflects restricted stock units that will vest ratably on 06/01/2027, 06/01/2028 and 06/01/2029"
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.
vest ratably financial
"restricted stock units that were granted on 06/01/2025 and will vest ratably on 06/01/2027 and 06/01/2028"
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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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Form 4 Insider Transactions: What Each Field Means →
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*
Gilstrap Charles A
(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, Treasury, Tax & CAO
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$0292,417(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 ratably on 06/01/2027, 06/01/2028 and 06/01/2029, subject to the reporting person's continued employment with the issuer.
2. As previously reported, includes (a) 36,750 restricted stock units that were granted on 06/01/2024 and will vest on 06/01/2027; and (b) 22,134 restricted stock units that were granted on 06/01/2025 and will vest ratably on 06/01/2027 and 06/01/2028; each subject to the reporting person's continued employment with the issuer.
/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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Charles A. Gilstrap report at Vistance Networks (VISN)?

Charles A. Gilstrap reported receiving 16,300 shares of Vistance Networks common stock as a stock award. These are restricted stock units granted at no cash cost, reflecting equity-based compensation rather than an open-market purchase or sale of existing shares.

How large is Charles Gilstrap’s new RSU grant at Vistance Networks (VISN)?

The new grant to Charles Gilstrap covers 16,300 restricted stock units of Vistance Networks common stock. This award increases his direct holdings to 292,417 shares after the transaction, combining the new grant with previously awarded restricted stock units and any existing common stock.

When will Charles Gilstrap’s 16,300 Vistance Networks (VISN) RSUs vest?

The 16,300 restricted stock units will vest in three equal installments on 06/01/2027, 06/01/2028 and 06/01/2029. Vesting is contingent on his continued employment with Vistance Networks through each vesting date as specified in the award terms.

What other restricted stock units does Charles Gilstrap already hold in Vistance Networks (VISN)?

In addition to the new grant, his holdings include 36,750 restricted stock units granted on 06/01/2024 that vest on 06/01/2027, and 22,134 restricted stock units granted on 06/01/2025 that vest ratably on 06/01/2027 and 06/01/2028, all employment-based.

Did Charles Gilstrap pay cash for the new Vistance Networks (VISN) shares?

No, Charles Gilstrap did not pay cash for the 16,300 shares. The Form 4 reports a price per share of $0.0000, indicating the award is equity compensation granted by the company rather than a cash-funded open-market stock purchase.

How many Vistance Networks (VISN) shares does Charles Gilstrap own after this Form 4 transaction?

Following the reported grant, Charles Gilstrap directly owns 292,417 shares of Vistance Networks common stock. This figure includes the new 16,300-share restricted stock unit award and previously reported restricted stock unit grants scheduled to vest from 2027 through 2029.