Vistance Networks (VISN) director L. William Krause gifts 102,300 shares
Rhea-AI Filing Summary
Vistance Networks, Inc. director L. William Krause reported a bona fide gift of 102,300 shares of common stock on August 10, 2026. The transaction was recorded at $0.00 per share. Following this gift, Krause directly holds 274,507 shares of common stock.
This holding amount includes 16,807 restricted stock units granted on May 7, 2026 under the non-employee director compensation plan, which vest on the earlier of May 7, 2027 or the date of the company’s 2027 annual stockholders’ meeting, subject to his continued service on the Board of Directors.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 102,300 shares
Net Sell
1 txn
Insider
KRAUSE L WILLIAM
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 102,300 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 274,507 shares (Direct)
Footnotes (1)
- F1. As previously disclosed, includes 16,807 restricted stock units granted pursuant to the issuer's non-employee director compensation plan on May 7, 2026, which vest on the earlier to occur of (i) May 7, 2027; and (ii) the date of the issuer's 2027 annual stockholders' meeting, subject to the director's continued membership on the Board of Directors on such date.
Key Figures
Shares gifted: 102,300 shares
Reported price per share: $0.00
Shares held after transaction: 274,507 shares
+2 more
5 metrics
Shares gifted
102,300 shares
Bona fide gift of common stock on August 10, 2026
Reported price per share
$0.00
Per-share value used for the gift transaction
Shares held after transaction
274,507 shares
Direct common stock holdings following the gift
Restricted stock units
16,807 units
RSUs granted May 7, 2026 under non-employee director compensation plan
RSU vesting date
May 7, 2027
Latest vesting date, or earlier upon 2027 annual stockholders’ meeting
Key Terms
bona fide gift, restricted stock units, non-employee director compensation plan, annual stockholders' meeting
4 terms
bona fide gift financial
"The transaction code indicates a bona fide gift of common stock"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
restricted stock units financial
"Includes 16,807 restricted stock units granted pursuant to the plan"
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.
non-employee director compensation plan financial
"Restricted stock units granted pursuant to the issuer's non-employee director compensation plan"
annual stockholders' meeting regulatory
"RSUs vest on the earlier of May 7, 2027 or the 2027 annual stockholders' meeting"
FAQ
What insider transaction did Vistance Networks (VISN) report for L. William Krause?
L. William Krause reported a bona fide gift of 102,300 shares of Vistance Networks common stock on August 10, 2026, recorded at $0.00 per share, classified as a non-sale disposition of shares.
What are the details of the restricted stock units held by Krause at Vistance Networks (VISN)?
Krause’s holdings include 16,807 restricted stock units granted on May 7, 2026. These RSUs vest on the earlier of May 7, 2027 or the date of Vistance Networks’ 2027 annual stockholders’ meeting, subject to his continued Board service.
Was the Vistance Networks (VISN) insider transaction a sale or a gift?
The transaction was reported as a bona fide gift under code G, not a market sale. The shares were disposed of at a reported per-share price of $0.00, reflecting a transfer by gift rather than a purchase or sale.
Is the Vistance Networks (VISN) insider transaction associated with a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not checked, and the transaction is reported as a bona fide gift. There is no indication in the data provided that this transfer occurred under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
