Large Vivani (VANI) shareholder Gregg Williams adds 1.59M shares in $2.0M purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vivani Medical, Inc. director and significant shareholder Gregg Williams bought 1,587,301 shares of common stock at $1.26 per share in a private sale transaction. The footnotes state the gross amount for this transaction was $1,999,999.26.
After these transactions, Williams is reported as owning a total of 39,330,985 Vivani shares directly and indirectly. This includes 4,799,200 shares held personally and additional holdings through several trusts and LLCs over which he has voting and dispositive power.
Positive
- None.
Negative
- None.
Insights
Large Vivani holder adds $2.0M of stock in a private purchase.
The filing shows Gregg Williams, a director and more than 10% owner of Vivani Medical, completed an open-market-style private purchase of 1,587,301 common shares at $1.26 per share, tied to a Share Purchase Agreement dated August 11, 2025.
Footnotes indicate aggregate gross consideration of $1,999,999.26 for this transaction. Following it, Williams’ beneficial ownership is 39,330,985 shares across direct holdings and multiple trusts and LLCs where he has voting and dispositive power, suggesting this buy modestly increases an already substantial position.
Insider Trade Summary
Net Buyer: 1,587,301 shares ($1,999,999)
Net Buy
2 txns
Insider
Williams Gregg
Role
null
Bought
1,587,301 shs ($2.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,587,301 | $1.26 | $2.00M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 34,531,785 shares (Indirect, See footnote);
Common Stock — 4,799,200 shares (Direct, null)
Footnotes (1)
- The reporting person purchased 1,587,301 shares of the Issuer's common stock in a private sale transaction as disclosed in the Share Purchase Agreement dated as of August 11, 2025 at a price of $1.26 per share, which was the last reported sale price of the Issuer's common stock on the Nasdaq on August 10, 2025 (the day immediately prior to August 11, 2025). The gross proceeds from this private sale transaction were $1,999,999.26. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased in the transaction set forth in this footnote. The reporting person owns 39,330,985 shares directly and/or indirectly as follows: (i) 4,799,200 shares of common stock owned by the reporting person, (ii) 32,406,033 shares of common stock owned by Gregg G. Williams 2006 Trust, (iii) 1,212,856 shares of common stock owned by Williams International Co. LLC, (iv) 181,587 shares of common stock owned by Sam Williams Family Investments LLC, and (v) 731,309 shares of common stock owned by Sam B. Williams 1995 Generation-Skipping Trust. Gregg Williams has voting and dispositive power over all of these shares.
Key Figures
Shares purchased: 1,587,301 shares
Purchase price: $1.26 per share
Gross transaction amount: $1,999,999.26
+3 more
6 metrics
Shares purchased
1,587,301 shares
Common stock bought in private sale at $1.26 per share
Purchase price
$1.26 per share
Price equals last reported Nasdaq sale on August 10, 2025
Gross transaction amount
$1,999,999.26
Gross proceeds for the private sale transaction
Total beneficial ownership
39,330,985 shares
Shares owned directly and indirectly after transaction
Directly owned shares
4,799,200 shares
Common stock held personally by Gregg Williams
Trust-held shares
32,406,033 shares
Common stock owned by Gregg G. Williams 2006 Trust
Key Terms
open-market purchase, Share Purchase Agreement, gross proceeds, generation-skipping trust, +1 more
5 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
gross proceeds financial
"The gross proceeds from this private sale transaction were $1,999,999.26."
The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.
generation-skipping trust financial
"Sam B. Williams 1995 Generation-Skipping Trust."
voting and dispositive power financial
"Gregg Williams has voting and dispositive power over all of these shares."
FAQ
What insider transaction did Gregg Williams report for Vivani Medical (VANI)?
Gregg Williams reported buying 1,587,301 Vivani shares. The shares were purchased in a private sale at $1.26 per share under a Share Purchase Agreement, reflecting a total transaction amount of $1,999,999.26 as disclosed in the footnotes.
How are Gregg Williams’ Vivani (VANI) holdings structured after the Form 4 transaction?
Williams holds Vivani shares both directly and through entities. The filing cites 4,799,200 shares owned personally and additional shares held by a 2006 trust, two LLCs, and a 1995 generation-skipping trust, totaling 39,330,985 shares under his voting and dispositive control.