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Vistance Networks director buys 200,000 shares

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Form Type
4

Rhea-AI Filing Summary

Vistance Networks, Inc. (VISN) director Claudius E. Watts IV purchased 200,000 common shares on November 9, 2026, at a weighted-average price of $4.1553 per share; individual prices ranged from $4.115 to $4.21. He reported 1,547,729 directly held shares after the purchase, including restricted stock units subject to continued employment. A separate 10,000-share holding was reported for the Watts Family Foundation.

Insider Watts Claudius E. IV
Role Director
Bought 200,000 shs ($831K)
Increase in Position 14.8%
Type Security Shares Price Value
Purchase Common Stock F1, F2 200,000 $4.1553 $831K
Holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 1,547,729 shares (Direct); Common Stock — 10,000 shares (Indirect, Watts Family Foundation)
Holdings Before and After: Common Stock, 1,347,729 to 1,547,729 shares (Direct)
Footnotes (2)
  1. F1. The price shown is the weighted average price of the shares purchased in this transaction. The price range for this transaction is $4.115 to $4.21. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price for this transaction.
  2. F2. As previously reported, includes (a) 28,600 restricted stock units that were granted on 03/01/2024 and will vest on 06/01/2027; (b) 58,067 restricted stock units that were granted on 06/01/2024 and will vest on 06/01/2027; (c) 68,267 restricted stock units that were granted on 03/01/2025 and will vest ratably on 06/01/2027 and 06/01/2028; and (d) 53,000 restricted stock units that were granted on 06/01/2026 and will vest ratably on 06/01/2027, 06/01/2028 and 06/01/2029; each subject to the reporting person's continued employment with the issuer.
Common shares purchased 200,000 shares November 9, 2026
Weighted-average purchase price $4.1553 per share Purchase on November 9, 2026; individual prices ranged from $4.115 to $4.21
Direct shares after purchase 1,547,729 shares Reported after the November 9, 2026 purchase; includes restricted stock units
Restricted stock units 28,600 units Granted March 1, 2024; scheduled to vest June 1, 2027, subject to continued employment
Restricted stock units 58,067 units Granted June 1, 2024; scheduled to vest June 1, 2027, subject to continued employment
Restricted stock units 68,267 units Granted March 1, 2025; scheduled to vest ratably June 1, 2027 and June 1, 2028, subject to continued employment
Restricted stock units 53,000 units Granted June 1, 2026; scheduled to vest ratably June 1, 2027, June 1, 2028, and June 1, 2029, subject to continued employment
weighted average price financial
"weighted average price of the shares purchased"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock units financial
"includes (a) 28,600 restricted stock units"
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.

FAQ

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

How many VISN shares did director Claudius E. Watts IV buy, and at what price?

Claudius E. Watts IV purchased 200,000 common shares on November 9, 2026, at a weighted-average price of $4.1553 per share; individual prices ranged from $4.115 to $4.21. No Rule 10b5-1 plan is reported.

What restricted stock units are included in Claudius E. Watts IV’s reported VISN holdings?

The reported direct position includes 28,600 restricted stock units granted March 1, 2024, 58,067 granted June 1, 2024, 68,267 granted March 1, 2025, and 53,000 granted June 1, 2026. They are scheduled to vest on June 1, 2027, or ratably on June 1, 2027 and later dates through June 1, 2029, as applicable, subject to continued employment.

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

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Watts Claudius E. IV

(Last)(First)(Middle)
C/O VISTANCE NETWORKS, INC.
2601 TELECOM PARKWAY

(Street)
RICHARDSON TEXAS 75082

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Vistance Networks, Inc. [ VISN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock11/09/2026P200,000A$4.1553(1)1,547,729(2)D
Common Stock10,000IWatts Family Foundation
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price shown is the weighted average price of the shares purchased in this transaction. The price range for this transaction is $4.115 to $4.21. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price for this transaction.
2. As previously reported, includes (a) 28,600 restricted stock units that were granted on 03/01/2024 and will vest on 06/01/2027; (b) 58,067 restricted stock units that were granted on 06/01/2024 and will vest on 06/01/2027; (c) 68,267 restricted stock units that were granted on 03/01/2025 and will vest ratably on 06/01/2027 and 06/01/2028; and (d) 53,000 restricted stock units that were granted on 06/01/2026 and will vest ratably on 06/01/2027, 06/01/2028 and 06/01/2029; each subject to the reporting person's continued employment with the issuer.
/s/ Michael D. Coppin, Under a Power of Attorney11/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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