KRAUSE L WILLIAM 4

What Happened

• L. William Krause, a director of Vistance Networks (VISN), received a grant of 16,807 restricted stock units (RSUs) on May 7, 2026. The RSUs were issued at $0.00 (a typical grant/award), representing a future right to shares rather than an immediate cash purchase.

Key Details

• Transaction date: May 7, 2026; Form 4 filed May 11, 2026 (timely filing).
• Transaction type/code: Award/Grant (A); 16,807 RSUs acquired at $0.00.
• Vesting: RSUs vest on the earlier of (i) May 7, 2027, or (ii) the issuer’s 2027 annual meeting date, subject to continued board membership (footnote F1).
• Shares owned after transaction: Not specified in the provided filing.
• No indication of a 10b5‑1 plan, cashless exercise, tax withholding, or gift in this filing.

Context

• This was an equity grant to a non-employee director—common as part of board compensation—and does not represent an open‑market purchase or sale. RSUs convert to actual shares only upon vesting and continued service, so they reflect future potential ownership rather than an immediate market stake.