Vistance Networks (VISN) director awarded 16,807 RSUs in board compensation grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Roman Derrick A. reported acquisition or exercise transactions in this Form 4 filing.

Vistance Networks, Inc. director Roman Derrick A. received an equity award in the form of restricted stock units. The grant covers 16,807 shares of Common Stock at a price of $0.00 per share, increasing his direct holdings to 139,909 shares after the award.

The restricted stock units vest on the earlier of May 7, 2027 or the date of the company’s 2027 annual stockholders’ meeting, as long as he remains a member of the Board of Directors through that date. This filing reflects routine non-employee director compensation rather than an open‑market transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Roman Derrick A.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	16,807	$0.00	--

Holdings After Transaction: Common Stock — 139,909 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant size: 16,807 shares Grant price: $0.00 per share Shares after transaction: 139,909 shares +1 more

4 metrics

RSU grant size 16,807 shares Restricted stock units of Common Stock granted to director

Grant price $0.00 per share Compensation award, not open-market purchase

Shares after transaction 139,909 shares Total direct holdings following the RSU grant

Vesting date May 7, 2027 RSUs vest on this date or 2027 annual stockholders’ meeting

Key Terms

restricted stock units, non-employee director compensation plan, Board of Directors, annual stockholders' meeting, +1 more

5 terms

restricted stock units financial

"Reflects restricted stock units granted pursuant to the issuer's non-employee director compensation 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

"Reflects restricted stock units granted pursuant to the issuer's non-employee director compensation plan"

Board of Directors financial

"subject to the director's continued membership on the Board of Directors on such date"

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

annual stockholders' meeting financial

"the date of the issuer's 2027 annual stockholders' meeting"

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

05/11/2026 - 04:18 PM

SEC Form 4

FORM 4

UNITED 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^*

Roman Derrick 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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/07/2026		A⁽¹⁾		16,807	A	$0	139,909	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Reflects restricted stock units granted pursuant to the issuer's non-employee director compensation plan, 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.

	/s/ Michael D. Coppin, Under a Power of Attorney	05/11/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Vistance Networks (VISN) director Roman Derrick A. report in this Form 4?

He reported receiving 16,807 restricted stock units of Vistance Networks common stock as a compensation award. The units were granted at $0.00 per share, increasing his direct holdings to 139,909 shares following the transaction.

Is the Vistance Networks (VISN) Form 4 transaction a market purchase or sale?

No, it is not a market trade. The Form 4 shows a grant of restricted stock units as director compensation, coded as an acquisition (A), with a transaction price of $0.00 per share rather than an open-market buy or sell.

How many Vistance Networks (VISN) shares does Roman Derrick A. hold after this grant?

After the grant, he directly holds 139,909 shares of Vistance Networks common stock. This total includes the newly awarded 16,807 restricted stock units that are subject to vesting conditions tied to his continued Board service.

When do the restricted stock units granted to the Vistance Networks (VISN) director vest?

The restricted stock units vest on the earlier of May 7, 2027, or the date of Vistance Networks’ 2027 annual stockholders’ meeting. Vesting requires that the director remain a member of the Board of Directors through the applicable vesting date.

What plan governs the restricted stock unit grant in the Vistance Networks (VISN) Form 4?

The grant is made under Vistance Networks’ non-employee director compensation plan. This plan provides equity-based awards, such as restricted stock units, as part of the regular compensation structure for directors who are not company employees.

Does the Vistance Networks (VISN) Form 4 mention any special conditions on the RSU grant?

Yes. The restricted stock units will vest only if the director continues serving on the Board through the earlier of May 7, 2027, or the company’s 2027 annual stockholders’ meeting. If service ends sooner, vesting conditions may not be satisfied.