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.
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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Key Figures
Shares proposed to be sold: 32,050 shares
Aggregate market value: $208,864.31
Proposed sale date: September 17, 2026
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5 metrics
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
Key Terms
Rule 144, broker assisted cashless sale, employee stock options
3 terms
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 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.