Yates Timothy T 4
4 · Vistance Networks, Inc. · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
Vistance Networks (VISN) Director Timothy Yates Receives Award
What Happened
Timothy Yates, a director of Vistance Networks, was granted 16,807 restricted stock units (RSUs) on May 7, 2026. The grant is recorded at $0.00 per share (total $0) because this is an equity award/compensation grant, not a market purchase.
Key Details
- Transaction date: May 7, 2026; Filing date: May 11, 2026 (filed four days after the reported transaction). Form 4s are typically due within 2 business days, so this filing appears later than that usual timeframe.
- Award: 16,807 RSUs; grant price shown as $0.00; aggregate dollar amount reported $0.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: The RSUs were granted under the issuer’s non-employee director compensation plan and vest on the earlier of (i) May 7, 2027, or (ii) the date of the issuer’s 2027 annual stockholders’ meeting, subject to continued board membership.
Context
This transaction is a typical director compensation award (equity grant) rather than a purchase or sale that signals immediate buying or selling interest. RSUs generally represent future equity subject to vesting conditions; value to the director materializes only if and when they vest and convert to shares.
Insider Transaction Report
Form 4
Yates Timothy T
Director
Transactions
- Award
Common Stock
[F1]2026-05-07+16,807→ 58,807 total
Holdings
- 223,751(indirect: By Trust)
Common Stock
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