Treadway Charles L. 4
4 · Vistance Networks, Inc. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Vistance (VISN) CEO Charles Treadway Receives Award of 18,171 Shares
What Happened
- Treadway Charles L., President & CEO and a director of Vistance Networks (VISN), was granted 18,171 performance share units (transaction code A) on 2026-02-24. The units were issued at $0.00 (18,171 @ $0.00 — $0 total) and are scheduled to vest on 2026-06-01, subject to the reporting person's continued employment. This award reflects additional performance-based shares determined earned by the Compensation Committee.
Key Details
- Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (timely filing).
- Grant: 18,171 performance share units; price reported $0.00; total reported value $0 at grant.
- Vesting: These additional performance share units will vest on 06/01/2026, contingent on continued employment.
- Holdings context (per footnotes): prior reported awards include large unvested pools of RSUs/PSUs — e.g., 440,000 RSUs (03/01/2024), 893,334 RSUs (06/01/2024), 787,500 RSUs (03/01/2025) and 697,272 PSUs earned 01/08/2026 (all with staggered vesting through 06/01/2028). Footnote F1 documents the original 03/01/2023 PSU grant and the schedule of additional PSUs earned (including 101,847 on 01/08/2026 and these 18,171 on 02/24/2026).
- Filing timeliness: Reported within two business days of the transaction (not a late filing).
Context
- This was an award of performance share units (not a market purchase or sale). PSUs convert to shares only if performance and vesting conditions are met; no cash changed hands at grant. Such awards indicate compensation tied to company performance and continued service, but do not by themselves signal an insider buying or selling stock.
Insider Transaction Report
Form 4
Treadway Charles L.
DirectorPresident and CEO
Transactions
- Award
Common Stock
[F1][F2]2026-02-24+18,171→ 6,146,080 total
Footnotes (2)
- [F1]On 03/01/2023, the reporting person was granted 422,600 performance share units, which number could be increased or decreased based upon the Company's satisfaction of certain performance criteria during the applicable performance period. On 12/16/2025, the Compensation Committee of the issuer approved the vesting of a portion of the performance share units representing 422,600 shares, effective on 12/18/2025, based upon estimated performance. On 01/08/2026, the Compensation Committee determined that 101,847 additional performance share units were earned based upon actual performance, which performance period ended on 12/31/2025. On 02/24/2026, the Compensation Committee determined that 18,171 additional performance share unts were earned based upon actual performance, and such additional performance share units will vest on 06/01/2026, subject to the reporting person's continued employment with the issuer.
- [F2]As previously reported, includes (a) 440,000 restricted stock units that were granted on 03/01/2024 and will vest ratably on 06/01/2026 and 06/01/2027; (b) 893,334 restricted stock units that were granted on 06/01/2024 and will vest ratably on 06/01/2026 and 06/01/2027; (c) 787,500 restricted stock units that were granted on 03/01/2025 and will vest ratably on 06/01/2026. 06/01/2027 and 06/01/2028; and (d) 697,272 performance share units that were earned on 01/08/2026 and will vest on 06/01/2026; each subject to the reporting person's continued employment with the issuer.
Signature
/s/ Michael D. Coppin, Under a Power of Attorney|2026-02-26