Vistance Networks director sells 23,864 shares
VISN director L. William Krause sold 23,864 shares and now holds 74,507 shares, including unvested restricted stock units.
Rhea-AI Filing Summary
Vistance Networks, Inc. (VISN) director L. William Krause reported selling 23,864 shares of common stock on September 2, 2026 in an open-market or private transaction at a weighted average price of $6.267 per share, within a $6.26–$6.28 range. After this sale, he directly holds 74,507 shares, including 16,807 restricted stock units that were granted on May 7, 2026 and vest on the earlier of May 7, 2027 or the company’s 2027 annual stockholders’ meeting, subject to his continued Board service. No Rule 10b5-1 trading plan is indicated.
Positive
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Insider Trade Summary
Net Seller: 23,864 shares
Net Sell
1 txn
Insider
KRAUSE L WILLIAM
Role
Director
Sold
23,864 shs ($150K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 23,864 | $6.267 | $150K |
Holdings After Transaction:
Common Stock — 74,507 shares (Direct)
Footnotes (2)
- F1. The price shown is the weighted average price of the shares sold in this transaction. The price range for this transaction is $6.26 to $6.28. 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 sold at each separate price for this transaction.
- F2. 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 sold: 23,864 shares
Weighted average sale price: $6.267 per share
Shares held after transaction: 74,507 shares
+2 more
5 metrics
Shares sold
23,864 shares
Common stock sold on September 2, 2026 by director L. William Krause
Weighted average sale price
$6.267 per share
Sale of 23,864 VISN common shares within a $6.26–$6.28 range
Shares held after transaction
74,507 shares
Direct holdings of VISN common stock following the September 2, 2026 sale
Restricted stock units included in holdings
16,807 RSUs
Granted May 7, 2026 under non-employee director compensation plan
RSU vesting date
May 7, 2027 or 2027 annual stockholders’ meeting
Earlier of these dates, subject to continued Board membership
Key Terms
restricted stock units, non-employee director compensation plan, weighted average price
3 terms
restricted stock units financial
"includes 16,807 restricted stock units granted pursuant to the issuer's non-employee"
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"
weighted average price financial
"The price shown is the weighted average price of the shares sold"
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.
FAQ
What insider transaction did VISN director L. William Krause report?
He reported a sale of 23,864 shares of Vistance Networks, Inc. common stock on September 2, 2026 in an open-market or private transaction, at a weighted average price of $6.267 per share within a $6.26–$6.28 price range.
What restricted stock units in VISN does L. William Krause hold and when do they vest?
His post-transaction holdings include 16,807 restricted stock units granted on May 7, 2026 under the non-employee director compensation plan. They vest on the earlier of May 7, 2027 or the date of the company’s 2027 annual stockholders’ meeting, subject to continued Board service.
Is L. William Krause’s VISN ownership direct or indirect after this transaction?
The filing classifies his post-transaction ownership of 74,507 shares as direct. The nature-of-ownership field carries no additional entity description, indicating the shares, including restricted stock units, are held directly.
AI-generated analysis. How Rhea-AI works. Not financial advice.