Giordano Bartolomeo 4
4 · Vistance Networks, Inc. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Vistance Networks (VISN) SVP Giordano Bartolomeo Receives Award
What Happened
Giordano Bartolomeo, SVP and President of RUCKUS Networks, received an award of 2,184 performance share units (PSUs) on 02/24/2026. The reported acquisition price is $0.00 (this is a compensation award, not a cash purchase); the additional PSUs are scheduled to vest on 06/01/2026, subject to his continued employment with Vistance Networks.
Key Details
- Transaction date and type: 2026-02-24 — Award/Acquisition of 2,184 PSUs at $0.00. Filing dated 2026-02-26.
- Vesting: These 2,184 PSUs will vest on 06/01/2026, contingent on continued employment.
- Shares owned after transaction: Not explicitly stated in the Form 4 (see footnotes for outstanding grants and vesting schedules).
- Footnotes of note:
- F1: Describes the original 03/01/2023 PSU grant (50,800) and committee determinations on 12/16/2025, 01/08/2026 (12,243 PSUs earned) and 02/24/2026 (the 2,184 PSUs earned).
- F2: Lists other outstanding RSUs/PSUs and their multi-year vesting schedules (various grants vesting through 06/01/2028).
- Timeliness: Filing appears timely (transaction 02/24/2026; Form 4 filed 02/26/2026). No 10b5-1 plan or tax-withholding sale noted in the filing.
Context: This was a compensation award (performance-based restricted stock units), not an open-market buy or sale. Such grants reflect pay/retention and vest over time; they are not immediate cash value until vested and/or settled.
Insider Transaction Report
Form 4
Giordano Bartolomeo
SVP & Pres., RUCKUS Networks
Transactions
- Award
Common Stock
[F1][F2]2026-02-24+2,184→ 548,621 total
Footnotes (2)
- [F1]On 03/01/2023, the reporting person was granted 50,800 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 50,800 shares, effective on 12/18/2025, based upon estimated performance. On 01/08/2026, the Compensation Committee determined that 12,243 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 2,184 additional performance share units 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) 52,800 restricted stock units that were granted on 03/01/2024 and will vest ratably on 06/01/2026 and 06/01/2027; (b) 107,200 restricted stock units that were granted on 06/01/2024 and will vest ratably on 06/01/2026 and 06/01/2027; (c) 94,500 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) 83,718 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