Bowen Krista R. 4

What Happened
Krista R. Bowen, SVP, General Counsel & Chief Administrative Officer of Vistance Networks (VISN), was credited with 757 performance share units (PSUs) on 02/24/2026. The PSUs were granted/awarded at no cash price ($0.00 per share) as part of a performance-based award; they were determined to be earned based on actual performance and are scheduled to vest on 06/01/2026, subject to Bowen’s continued employment.

Key Details

• Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (appears timely; Form 4 is generally due within 2 business days).
• Transaction type/code: Award/Acquisition (A) — 757 performance share units at $0.00 (no cash paid).
• Vesting: These 757 PSUs will vest on 06/01/2026, subject to continued employment.
• Ownership after transaction: The filing does not state a simple total share count; footnote F2 lists outstanding restricted/performance awards totaling 205,538 units (35,624 RSUs granted 06/01/2024; 99,400 RSUs granted 06/01/2025; and 70,514 PSUs earned 01/08/2026) that remain subject to vesting.
• Footnotes:
  • F1 explains the origin of these PSUs: they stem from a 06/01/2023 PSU grant whose earned amount was adjusted over time (4,248 PSUs earned on 01/08/2026 and 757 additional PSUs earned on 02/24/2026).
  • F2 summarizes previously reported RSUs/PSUs and their future vesting dates.
• No sale or open-market purchase occurred; this is an earned performance award, not a market transaction.

Context
Performance share units are compensation tied to meeting specific company goals. Because these awards vest in the future and are contingent on continued employment, they are primarily a form of executive compensation rather than an immediate market buy or sell. Such awards do not necessarily signal the insider’s personal trading intent; they reflect compensation decisions by the company’s Compensation Committee based on performance metrics.