STOCK TITAN

Vistance Networks (VISN) director awarded 16,807 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Vistance Networks, Inc. director Timothy T. Yates received an equity grant in the form of restricted stock units. He was awarded 16,807 RSUs of common stock at no cash cost, classified as a grant or award acquisition. These units vest on the earlier of May 7, 2027 or the company’s 2027 annual stockholders’ meeting, provided he remains on the Board of Directors. Following this grant, Yates holds 58,807 common shares directly and 223,751 common shares indirectly through a Family Trust.

Positive

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Insider Yates Timothy T
Role null
Type Security Shares Price Value
Grant/Award Common Stock 16,807 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 58,807 shares (Direct, null); Common Stock — 223,751 shares (Indirect, Family Trust)
Footnotes (1)
  1. [object Object]
Restricted stock units granted 16,807 units Grant to non-employee director on May 7, 2026
Grant price per share $0.00 per share RSU grant to director Timothy T. Yates
Direct common shares after grant 58,807 shares Direct holdings of Timothy T. Yates after transactions
Indirect common shares via Family Trust 223,751 shares Indirect holdings reported as Family Trust position
RSU vesting date May 7, 2027 Earlier of this date or 2027 annual stockholders’ meeting
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
"granted pursuant to the issuer's non-employee director compensation plan, which vest on the earlier to occur"
Family Trust financial
"total_shares_following_transaction": "223751.0000" ... "nature_of_ownership": "Family Trust""
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.
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*
Yates Timothy T

(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)
XDirector10% 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)
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 Stock05/07/2026A(1)16,807A$058,807D
Common Stock223,751IFamily Trust
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. 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 Attorney05/11/2026
** 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)

FAQ

What insider transaction did Vistance Networks (VISN) director Timothy Yates report?

Director Timothy T. Yates reported an acquisition of 16,807 restricted stock units in Vistance Networks common stock. The grant was made as part of the non-employee director compensation plan and carries no cash purchase price for Yates.

How many restricted stock units did Timothy Yates receive from Vistance Networks (VISN)?

Timothy Yates received 16,807 restricted stock units of Vistance Networks common stock. These units were granted as non-employee director compensation and will convert into shares only after vesting, subject to his continued board service through the specified vesting date.

When do Timothy Yates’s Vistance Networks (VISN) RSUs vest?

The 16,807 restricted stock units vest on the earlier of May 7, 2027 or the 2027 annual stockholders’ meeting. Vesting is conditioned on Yates continuing to serve on Vistance Networks’ Board of Directors through that applicable vesting date.

What are Timothy Yates’s direct and indirect Vistance Networks (VISN) holdings after this grant?

After the RSU grant, Timothy Yates directly holds 58,807 Vistance Networks common shares and indirectly holds 223,751 shares through a Family Trust. These figures reflect the ownership positions reported in the Form 4 following the May 7, 2026 transactions.

Was cash paid for Timothy Yates’s Vistance Networks (VISN) restricted stock units?

No cash was paid for the restricted stock units, which were granted at a price of $0.00 per share. The RSUs represent equity compensation under Vistance Networks’ non-employee director compensation plan rather than an open-market purchase of stock.