Vistance Networks (VISN) Director Joanne Maguire Receives RSU Award

What Happened

• Joanne M. Maguire, a director of Vistance Networks, received an award of 16,807 restricted stock units (RSUs) on May 7, 2026. The RSUs were granted at $0.00 (no cash purchase) and will convert to common shares upon vesting. This is a grant (award) rather than a market purchase or sale and is typical as director compensation.

Key Details

• Transaction date: 2026-05-07; grant price reported as $0.00 (award).
• Amount: 16,807 restricted stock units granted.
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnote: 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 issuer’s 2027 annual meeting of stockholders, subject to continued board membership.
• Filing: Form 4 filed 2026-05-11; filing is within the usual two-business-day window and is timely.

Context

• RSU grants to non-employee directors are common and represent future stock compensation contingent on continued service and vesting conditions. Because this was an award (not a purchase or sale), it does not reflect an immediate cash outlay or liquidation and should be viewed as routine director compensation rather than a direct signal of insider trading intent.