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  4. [144] Vistance Networks, Inc. SEC Filing

Vistance Networks (VISN) director’s trust to sell 176,136 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Vistance Networks, Inc. (VISN) received a notice that The Krause Trust, for which L. William Krause is trustee and a director of the company, plans to sell shares of common stock under Rule 144. The filing lists 176,136 shares of common stock, with an aggregate market value of $1,188,020.98, to be sold through Morgan Stanley Smith Barney LLC, Executive Financial Services, on or after August 28, 2026 on NASDAQ.

The shares proposed for sale were acquired over many years, primarily through restricted stock vesting under a registered plan and employee stock unit awards, with acquisition dates ranging from 2015 to 2024, plus an open market purchase of 39,600 shares on March 12, 2024.

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Shares to be sold 176,136 shares of common stock Proposed Rule 144 sale through Morgan Stanley Smith Barney LLC
Aggregate market value $1,188,020.98 Value of 176,136 VISN shares referenced in the proposed sale
Planned sale date August 28, 2026 Date listed for sale of 176,136 VISN shares on NASDAQ
CUSIP or identifier 230626412 Security identifier associated with VISN common stock in the notice
Open market purchase 39,600 shares Common stock acquired on March 12, 2024 by open market purchase
Restricted stock vesting lot example 23,306 shares Restricted stock vesting under a registered plan on May 11, 2024
Issuer phone number 972-952-9700 Contact number for Vistance Networks, Inc.
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.
Restricted Stock Vesting Under a Registered Plan financial
"Common | 05/06/2023 | Restricted Stock Vesting Under a Registered Plan | Issuer"
Employee Stock Unit Awards financial
"Common | 05/06/2023 | Restricted Stock Vesting Under a Registered Plan | Issuer | | | 6494 | 05/06/2023 | Employee Stock Unit Awards"
Open Market Purchase financial
"Common | 03/12/2024 | Open Market Purchase | Issuer"
An open market purchase is when a company buys its own shares on public stock exchanges the same way any investor would, rather than through a private deal. Investors care because these purchases reduce the number of shares available, can boost earnings per share and share price, signal that management thinks the stock is undervalued, and use company cash that might otherwise go to reinvestment or dividends — like a business quietly buying back its own tickets at the box office.
Trust financial
"Name of Person for Whose Account the Securities are To Be Sold | THE KRAUSE TRUST"
A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.

FAQ

What does the Form 144 filing disclose for VISN?
It discloses that The Krause Trust, associated with a director of Vistance Networks, Inc. (VISN), intends to sell 176,136 shares of VISN common stock under Rule 144, with an aggregate market value of $1,188,020.98, through Morgan Stanley Smith Barney LLC.

How many VISN shares are covered by this Form 144 notice?
The notice covers 176,136 shares of Vistance Networks, Inc. common stock. These shares have a stated aggregate market value of $1,188,020.98 and are expected to be sold on NASDAQ through Morgan Stanley Smith Barney LLC.

Who is selling VISN shares under this Form 144?
The seller is The Krause Trust, for whose account the securities are to be sold. The Form 144 is signed by L. William Krause as trustee, who is identified as a director of Vistance Networks, Inc. (VISN).

When may the VISN shares be sold according to the Form 144?
The filing lists a sale date of August 28, 2026 for the proposed disposition of 176,136 shares of Vistance Networks, Inc. common stock, to be sold on NASDAQ through Morgan Stanley Smith Barney LLC.

How were the VISN shares to be sold under Form 144 originally acquired?
The shares were acquired mainly through restricted stock vesting under a registered plan and employee stock unit awards on various dates from 2015 to 2024, plus an open market purchase of 39,600 shares on March 12, 2024.

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

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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

Source: View Original Filing on SEC EDGAR