Vistance Networks (VISN) SVP Charles Gilstrap purchases 10,000 shares in open-market trade
Rhea-AI Filing Summary
Vistance Networks, Inc. senior vice president Charles A. Gilstrap purchased 10,000 shares of common stock on 2026-08-10 at $10.75 per share in an open-market transaction. Following this purchase, he directly holds 302,417 shares, including multiple tranches of unvested restricted stock units subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,000 shares
Net Buy
1 txn
Insider
Gilstrap Charles A
Role
SVP, Treasury, Tax & CAO
Bought
10,000 shs ($108K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 10,000 | $10.75 | $108K |
Holdings After Transaction:
Common Stock — 302,417 shares (Direct)
Footnotes (1)
- F1. As previously reported, includes (a) 36,750 restricted stock units that were granted on 06/01/2024 and will vest on 06/01/2027; (b) 22,134 restricted stock units that were granted on 06/01/2025 and will vest ratably on 06/01/2027 and 06/01/2028; and (c) 16,300 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.
Key Figures
Shares purchased: 10,000 shares
Purchase price: $10.75 per share
Holdings after transaction: 302,417 shares
+3 more
6 metrics
Shares purchased
10,000 shares
Common stock purchased on 2026-08-10 in open-market transaction
Purchase price
$10.75 per share
Price paid for 10,000 common shares on 2026-08-10
Holdings after transaction
302,417 shares
Total direct common stock holdings following the reported purchase
RSUs vesting 06/01/2027
36,750 units
Restricted stock units granted 06/01/2024, vesting 06/01/2027
RSUs vesting 2027-2028
22,134 units
RSUs granted 06/01/2025, vesting ratably 06/01/2027 and 06/01/2028
RSUs vesting 2027-2029
16,300 units
RSUs granted 06/01/2026, vesting ratably 2027-2029
Key Terms
restricted stock units, vest ratably, continued employment, open market or private transaction
4 terms
restricted stock units financial
"includes 36,750 restricted stock units that were granted on 06/01/2024"
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.
vest ratably financial
"22,134 restricted stock units that were granted on 06/01/2025 and will vest ratably"
continued employment financial
"each subject to the reporting person's continued employment with the issuer"
Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.
open market or private transaction financial
"Purchase in open market or private transaction"
FAQ
What insider transaction did VISN executive Charles A. Gilstrap report?
Charles A. Gilstrap reported a purchase of 10,000 VISN common shares on 2026-08-10 at $10.75 per share. This open-market transaction increased his direct holdings to 302,417 shares, including unvested restricted stock units.
At what price did Charles A. Gilstrap buy VISN stock?
He purchased the VISN common stock at $10.75 per share. The Form 4 describes this as a purchase in an open-market or private transaction, covering a total of 10,000 shares acquired on 2026-08-10.
What restricted stock units are included in Gilstrap’s VISN holdings?
His holdings include 36,750 RSUs vesting 06/01/2027, 22,134 RSUs vesting ratably on 06/01/2027 and 06/01/2028, and 16,300 RSUs vesting ratably from 2027 to 2029, all subject to continued employment with Vistance Networks.
Was the VISN insider trade under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmatively marked for this transaction. There is no footnote stating that the 10,000-share purchase was executed pursuant to a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.