Gilstrap Charles A 4

What Happened

• Charles A. Gilstrap, SVP, Treasury, Tax & CAO of Vistance Networks (VISN), was awarded 677 additional performance share units (PSUs) on 2026-02-24. The award shows an acquisition of 677 shares at $0.00 (no cash paid), total value reported as $0. These PSUs were determined earned based on company performance and will vest on 06/01/2026, subject to Gilstrap’s continued employment.

Key Details

• Transaction date: 2026-02-24; filing date: 2026-02-26 (filed within the typical 2-business-day Form 4 window).
• Price: $0.00 per share (award/grant). Reported dollar amount: $0.
• Vesting: The 677 PSUs will vest on 06/01/2026, contingent on continued employment.
• Outstanding/previous awards (from filing footnote):
  • 12,250 restricted stock units granted 06/01/2023 (vest 06/01/2026)
  • 73,500 restricted stock units granted 06/01/2024 (vest ratably 06/01/2026 & 06/01/2027)
  • 33,200 restricted stock units granted 06/01/2025 (vest ratably 06/01/2026, 06/01/2027 & 06/01/2028)
  • 51,915 performance share units reported as earned earlier and vesting 06/01/2026 (plus the additional 677 PSUs granted 02/24/2026)
• Shares owned following this specific transaction are not explicitly stated in the provided summary of the filing.

Context

• These were performance-based awards (PSUs) determined by the Compensation Committee based on prior performance periods; they are not open-market purchases or sales and do not represent immediate cash proceeds. Grants and earned PSUs commonly vest later and are conditioned on continued employment, so they are not a direct bullish/sell signal by themselves.