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Vistance officer plans sale of 32K shares

An officer of Vistance Networks, Inc. has filed a Rule 144 notice to sell up to 32,050 shares of VISN common stock in a broker assisted cashless transaction.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Vistance Networks, Inc. (VISN) is the issuer for a proposed sale of its common stock under Rule 144 by officer Bartolomeo Giordano. The notice covers up to 32,050 shares of common stock, to be sold through Merrill Lynch on NASDAQ on September 17, 2026, in connection with the exercise of employee stock options via a broker assisted cashless sale.

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Shares proposed to be sold 32,050 shares Common stock covered by Rule 144 notice for September 17, 2026
Aggregate market value $208,864.31 Market value listed for the 32,050 VISN shares in the Form 144
Proposed sale date September 17, 2026 Date for proposed Rule 144 sale and option exercise
Security type Common stock Vistance Networks, Inc. shares subject to the Rule 144 notice
Execution venue NASDAQ Exchange where the VISN shares are proposed to be sold
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
broker assisted cashless sale financial
"Broker assisted cashless sale"
employee stock options financial
"Exercise of employee stock options"
Employee stock options are contracts that give workers the right to buy a company's shares at a set price sometime in the future, like a coupon that lets you purchase stock at today’s price later on. Investors care because they align employees’ incentives with company performance and create a potential future claim on shares that can reduce existing owners’ percentage and add to a company’s reported compensation costs.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing for VISN disclose?

The filing discloses that an officer of Vistance Networks, Inc. (VISN), Bartolomeo Giordano, has filed a Rule 144 notice to sell up to 32,050 shares of VISN common stock on NASDAQ in connection with the exercise of employee stock options.

How many VISN shares are covered by this Form 144 notice?

The Form 144 notice covers up to 32,050 shares of Vistance Networks, Inc. common stock. These shares are tied to the exercise of employee stock options and are expected to be sold through a broker assisted cashless sale.

What is the approximate market value of the VISN shares in the Form 144?

The Form 144 lists an aggregate market value of about $208,864.31 for the 32,050 shares of Vistance Networks, Inc. common stock that are proposed to be sold under Rule 144.

When are the VISN shares expected to be sold under this Form 144?

The proposed sale date stated is September 17, 2026. On that date, up to 32,050 shares of Vistance Networks, Inc. common stock may be sold on NASDAQ in a broker assisted cashless transaction following an option exercise.

How will the VISN Rule 144 sale be executed?

The sale is described as a broker assisted cashless sale through Merrill Lynch. The shares are Vistance Networks, Inc. common stock and are proposed to be sold on NASDAQ in connection with the exercise of employee stock options.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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