Manning Tom 4
4 · Vistance Networks, Inc. · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
Vistance Networks (VISN) Director Tom Manning Receives Award
What Happened
- Tom Manning, a director of Vistance Networks, was granted 16,807 restricted stock units (RSUs) on May 7, 2026. The Form 4 reports the acquisition as an award (code A) at $0.00 per share (total $0 on the filing).
- This was a grant (not a purchase or sale). RSU awards are compensation and vest over time rather than representing an immediate market purchase.
Key Details
- Transaction date: May 7, 2026; Filing date: May 11, 2026 (appears to be filed after the 2-business-day Form 4 deadline).
- Price reported: $0.00 per share (award/grant).
- Shares acquired: 16,807 RSUs.
- Shares owned after transaction: Not specified in the information provided on this Form 4.
- Footnote: The RSUs vest on the earlier of (i) May 7, 2027; or (ii) the issuer’s 2027 annual meeting, subject to continued board membership.
- Transaction code: A = Award/Grant.
Context
- RSUs are compensation that convert to shares only if vesting conditions are met; they do not represent an immediate sale or cash proceeds. Grants to non-employee directors are common as part of board compensation.
- Because the filing date is several days after the transaction date, investors should note the apparent late filing; late Form 4s can limit timely visibility into insider activity but do not by themselves indicate wrongdoing.
Insider Transaction Report
Form 4
Manning Tom
Director
Transactions
- Award
Common Stock
[F1]2026-05-07+16,807→ 177,797 total
Footnotes (1)
- [F1]Reflects restricted stock units granted pursuant to the issuer's non-employee director compensation plan, which vest on the earlier to occur of (i) May 7, 2027; and (ii) the date of the issuer's 2027 annual stockholders' meeting, subject to the director's continued membership on the Board of Directors on such date.
Signature
/s/ Michael D. Coppin, Under a Power of Attorney|2026-05-11