Vistance Networks, Inc.·4

Feb 26, 4:17 PM ET

Sucharczuk Guy 4

4 · Vistance Networks, Inc. · Filed Feb 26, 2026

Research Summary

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Vistance Networks SVP Guy Sucharczuk Receives Award

What Happened

  • Guy Sucharczuk, Senior Vice President and President of Aurora Networks at Vistance Networks (VISN), was awarded 2,184 performance share units (PSUs) on 02/24/2026. The reported acquisition price is $0.00 (this is an equity award, not a cash purchase). These additional PSUs were determined to be earned based on actual performance and are scheduled to vest on 06/01/2026, subject to his continued employment.

Key Details

  • Transaction date and price: 02/24/2026; award recorded at $0.00 per share (code A — grant/award).
  • Vesting: The 2,184 PSUs will vest on 06/01/2026, contingent on continued employment.
  • Related prior determinations: On 01/08/2026, the Compensation Committee determined 12,243 PSUs were earned; earlier, portions of PSUs representing 50,800 shares were approved to vest effective 12/18/2025 based on estimated performance (see footnote F1).
  • Unvested awards on record (per filing footnote F2) include multiple RSU grants (52,800; 107,200; 94,500) and 83,718 PSUs earned 01/08/2026 — all subject to continued employment and various staggered vesting dates through 06/01/2028.
  • Shares owned after the reported transaction are not specified in the excerpt. The Form 4 was filed 02/26/2026 for a 02/24/2026 transaction and appears timely (Form 4 is generally due within two business days).

Context

  • These are performance-based equity awards (PSUs/RSUs), common components of executive compensation. They are not purchases or sales — value is realized only if and when the awards vest and the shares are sold. Such awards signal compensation alignment with company performance but do not directly indicate open-market buying or selling by the insider.

Insider Transaction Report

Form 4
Period: 2026-02-24
Sucharczuk Guy
SVP & Pres., Aurora Networks
Transactions
  • Award

    Common Stock

    [F1][F2]
    2026-02-24+2,184693,763 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

Documents

1 file
  • 4
    ownership.xmlPrimary

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