STOCK TITAN

Vistance Networks (VISN) SVP Charles Gilstrap purchases 10,000 shares in open-market trade

(Moderate)
(Positive)
Form Type
4

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 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)
  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.
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
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.

How many VISN shares does Charles A. Gilstrap hold after this Form 4?

After the reported transaction, Charles A. Gilstrap holds 302,417 VISN common shares directly. This figure includes several tranches of restricted stock units that will vest between 2027 and 2029, contingent on his continued employment.

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.

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Learn about SEC filing dates
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*
Gilstrap Charles A

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Treasury, Tax & CAO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026
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 Stock08/10/2026P10,000A$10.75302,417(1)D
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. 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.
/s/ Michael D. Coppin, Under a Power of Attorney08/12/2026
** 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)