Vistance director granted 16,807 RSUs
Vistance Networks, Inc. director Timothy T. Yates received an equity grant in the form of restricted stock units.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Vistance Networks, Inc. director Timothy T. Yates received an equity grant in the form of restricted stock units. He was awarded 16,807 RSUs of common stock at no cash cost, classified as a grant or award acquisition. These units vest on the earlier of May 7, 2027 or the company’s 2027 annual stockholders’ meeting, provided he remains on the Board of Directors. Following this grant, Yates holds 58,807 common shares directly and 223,751 common shares indirectly through a Family Trust.
Insider Trade Summary
Grant/Award: 16,807 shares
Grant/Award
2 txns
Insider
Yates Timothy T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,807 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 58,807 shares (Direct);
Common Stock — 223,751 shares (Indirect, Family Trust)
Footnotes (1)
- F1. 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.
Key Figures
Restricted stock units granted: 16,807 units
Grant price per share: $0.00 per share
Direct common shares after grant: 58,807 shares
+2 more
5 metrics
Restricted stock units granted
16,807 units
Grant to non-employee director on May 7, 2026
Grant price per share
$0.00 per share
RSU grant to director Timothy T. Yates
Direct common shares after grant
58,807 shares
Direct holdings of Timothy T. Yates after transactions
Indirect common shares via Family Trust
223,751 shares
Indirect holdings reported as Family Trust position
RSU vesting date
May 7, 2027
Earlier of this date or 2027 annual stockholders’ meeting
Key Terms
restricted stock units, non-employee director compensation plan, Family Trust, 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, which vest on the earlier to occur"
Family Trust financial
"total_shares_following_transaction": "223751.0000" ... "nature_of_ownership": "Family Trust""
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Vistance Networks (VISN) director Timothy Yates report?
Director Timothy T. Yates reported an acquisition of 16,807 restricted stock units in Vistance Networks common stock. The grant was made as part of the non-employee director compensation plan and carries no cash purchase price for Yates.
How many restricted stock units did Timothy Yates receive from Vistance Networks (VISN)?
Timothy Yates received 16,807 restricted stock units of Vistance Networks common stock. These units were granted as non-employee director compensation and will convert into shares only after vesting, subject to his continued board service through the specified vesting date.
When do Timothy Yates’s Vistance Networks (VISN) RSUs vest?
The 16,807 restricted stock units vest on the earlier of May 7, 2027 or the 2027 annual stockholders’ meeting. Vesting is conditioned on Yates continuing to serve on Vistance Networks’ Board of Directors through that applicable vesting date.
What are Timothy Yates’s direct and indirect Vistance Networks (VISN) holdings after this grant?
After the RSU grant, Timothy Yates directly holds 58,807 Vistance Networks common shares and indirectly holds 223,751 shares through a Family Trust. These figures reflect the ownership positions reported in the Form 4 following the May 7, 2026 transactions.
Was cash paid for Timothy Yates’s Vistance Networks (VISN) restricted stock units?
No cash was paid for the restricted stock units, which were granted at a price of $0.00 per share. The RSUs represent equity compensation under Vistance Networks’ non-employee director compensation plan rather than an open-market purchase of stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
