Executive at Vistance Networks (NASDAQ: VISN) granted 48,900 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sucharczuk Guy reported acquisition or exercise transactions in this Form 4 filing.
Vistance Networks, Inc. executive Sucharczuk Guy, SVP & President of Aurora Networks, reported an equity compensation grant of 48,900 shares of Common Stock on 06/01/2026. The award is in the form of restricted stock units that were granted at a price of $0.00 per share.
These new restricted stock units will vest in three equal installments on 06/01/2027, 06/01/2028 and 06/01/2029, subject to his continued employment with the company. Following this grant, he directly holds 742,663 shares, which include previously granted restricted stock units with various vesting dates through 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sucharczuk Guy
Role
SVP & Pres., Aurora Networks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 48,900 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 742,663 shares (Direct, null)
Footnotes (1)
- Reflects restricted stock units that will vest ratably on 06/01/2027, 06/01/2028 and 06/01/2029, subject to the reporting person's continued employment with the issuer. As previously reported, includes (a) 26,400 restricted stock units that were granted on 03/01/2024 and will vest on 06/01/2027; (b) 53,600 restricted stock units that were granted on 06/01/2024 and will vest on 06/01/2027; and (c) 63,000 restricted stock units that were granted on 03/01/2025 and will vest ratably on 06/01/2027 and 06/01/2028; each subject to the reporting person's continued employment with the issuer.
Key Figures
RSU grant: 48,900 shares
Grant price: $0.00 per share
Holdings after grant: 742,663 shares
+3 more
6 metrics
RSU grant
48,900 shares
Restricted stock units granted on 06/01/2026
Grant price
$0.00 per share
Equity compensation grant of Common Stock
Holdings after grant
742,663 shares
Total direct Common Stock holdings following transaction
2024 RSU grant A
26,400 units
Granted 03/01/2024, vesting 06/01/2027
2024 RSU grant B
53,600 units
Granted 06/01/2024, vesting 06/01/2027
2025 RSU grant
63,000 units
Granted 03/01/2025, vesting in 2027 and 2028
Key Terms
restricted stock units, grant, award, or other acquisition, continued employment
3 terms
restricted stock units financial
"Reflects restricted stock units that will vest ratably on 06/01/2027, 06/01/2028 and 06/01/2029"
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.
grant, award, or other acquisition financial
"Transaction code description is Grant, award, or other acquisition for the reported shares"
continued employment financial
"Each restricted stock unit grant is 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.
FAQ
What insider transaction did Vistance Networks (VISN) report for Sucharczuk Guy?
Vistance Networks reported that executive Sucharczuk Guy received a grant of 48,900 restricted stock units of Common Stock on 06/01/2026. The grant was recorded at $0.00 per share as equity compensation and is not an open-market stock purchase or sale.
When do the new 48,900 restricted stock units for Vistance Networks (VISN) vest?
The 48,900 newly granted restricted stock units vest in three equal installments on 06/01/2027, 06/01/2028 and 06/01/2029. Each installment is subject to Sucharczuk Guy’s continued employment with Vistance Networks at the time of vesting, as disclosed in the footnotes.
What previously granted restricted stock units are included in Sucharczuk Guy’s Vistance Networks (VISN) holdings?
His holdings include 26,400 restricted stock units granted on 03/01/2024 that vest on 06/01/2027, 53,600 units granted on 06/01/2024 that vest on 06/01/2027, and 63,000 units granted on 03/01/2025 that vest ratably on 06/01/2027 and 06/01/2028.
Is the Vistance Networks (VISN) Form 4 transaction a market purchase or sale?
The Form 4 transaction is classified as a grant, award, or other acquisition, not an open-market trade. The transaction code is “A,” with a transaction price of $0.00 per share, indicating equity compensation rather than a buy or sell order in the market.
What conditions apply to Sucharczuk Guy’s Vistance Networks (VISN) restricted stock units?
All referenced restricted stock units, including the new 48,900-unit grant and prior awards, are subject to his continued employment with Vistance Networks. Vesting occurs on specified future dates, and unvested units are tied to his ongoing service with the issuer.