Vistance Networks (NASDAQ: VISN) director granted 16,807 restricted stock units

Rhea-AI Filing Summary

GRAY STEPHEN C reported acquisition or exercise transactions in this Form 4 filing.

Vistance Networks director Stephen C. Gray received an award of 16,807 shares of common stock, reported at a price of $0.00 per share, increasing his direct holdings to 177,555 shares. A footnote explains these are restricted stock units that vest on the earlier of May 7, 2027 or the company’s 2027 annual stockholders’ meeting, subject to his continued Board service.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider GRAY STEPHEN C

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	16,807	$0.00	--

Holdings After Transaction: Common Stock — 177,555 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant: 16,807 shares Grant price: $0.00 per share Holdings after grant: 177,555 shares +1 more

4 metrics

RSU grant 16,807 shares Restricted stock units granted on May 7, 2026

Grant price $0.00 per share Reported transaction price for the RSU award

Holdings after grant 177,555 shares Total direct common stock holdings after the transaction

Vesting date May 7, 2027 RSUs vest on earlier of this date or 2027 annual meeting

Key Terms

restricted stock units, non-employee director compensation plan, vest, Board of Directors

4 terms

restricted stock units financial

"Reflects restricted stock units granted pursuant to the issuer's non-employee director compensation plan"

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.

non-employee director compensation plan financial

"granted pursuant to the issuer's non-employee director compensation plan"

vest financial

"which vest on the earlier to occur of (i) May 7, 2027; and (ii) the date of the issuer's 2027 annual stockholders' meeting"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Board of Directors financial

"subject to the director's continued membership on the Board of Directors on such date"

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

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^*

GRAY STEPHEN C

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/07/2026		A(1)		16,807	A	$0	177,555	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. Reflects restricted stock units granted pursuant to the issuer's non-employee director compensation plan, which vest on the earlier to occur of (i) May 7, 2027; and (ii) the date of the issuer's 2027 annual stockholders' meeting, subject to the director's continued membership on the Board of Directors on such date.

	/s/ Michael D. Coppin, Under a Power of Attorney	05/11/2026
	** 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.
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)

FAQ

What did Vistance Networks (VISN) director Stephen C. Gray report on this Form 4?

Stephen C. Gray reported receiving 16,807 shares of Vistance Networks common stock as a grant. A footnote clarifies these are restricted stock units that vest in 2027, representing routine non-employee director compensation rather than an open-market purchase.

How many Vistance Networks (VISN) shares does Stephen C. Gray hold after this transaction?

After the grant, Stephen C. Gray directly holds 177,555 shares of Vistance Networks common stock. This figure includes the newly awarded restricted stock units, which are subject to vesting conditions tied to his continued service on the Board of Directors.

What are the vesting terms of Stephen C. Gray’s new Vistance Networks (VISN) RSUs?

The restricted stock units vest on the earlier of May 7, 2027, or the date of Vistance Networks’ 2027 annual stockholders’ meeting. Vesting is conditioned on Gray’s continued membership on the Board of Directors through the applicable vesting date.

Was cash paid for the Vistance Networks (VISN) shares reported in this Form 4?

No cash was paid for these shares, as the transaction price is reported as $0.00 per share. The filing describes the award as a grant of restricted stock units under the company’s non-employee director compensation plan, indicating compensation rather than a market purchase.

Is Stephen C. Gray’s Vistance Networks (VISN) transaction an open-market buy or sell?

The transaction is not an open-market buy or sell. It is coded as an “A” transaction, described as a grant, award, or other acquisition of restricted stock units under the non-employee director compensation plan, with no purchase or sale executed in the market.