Gilstrap Charles A 4

What Happened

• Charles A. Gilstrap, SVP, Treasury, Tax & CAO of Vistance Networks (VISN), was granted 16,300 restricted stock units (RSUs) on 2026-06-01. The grant is reported at $0.00 per share (no cash paid at grant), so the immediate reported value is $0.
• These RSUs are compensation awards rather than open-market purchases or sales; they do not represent vested, freely tradable shares at grant.

Key Details

• Transaction date and price: 2026-06-01; 16,300 RSUs; reported price $0.00.
• Shares owned after transaction: not specified in the Form 4 filing.
• Vesting (footnote F1): the 16,300 RSUs will vest ratably on 06/01/2027, 06/01/2028 and 06/01/2029, subject to continued employment.
• Prior RSUs (footnote F2): the filing also references previously reported RSUs—36,750 granted 06/01/2024 (vesting 06/01/2027) and 22,134 granted 06/01/2025 (vesting ratably 06/01/2027 and 06/01/2028).
• Timeliness: transaction reported on Form 4 filed 2026-06-03 for a 2026-06-01 grant; filing appears timely (within the typical 2-business-day reporting window).

Context

• RSU grants are common forms of employee compensation. They only translate into actual shares as they vest; until vesting they are subject to forfeiture if employment ends and are not typically tradable.
• The grant itself does not indicate buying or selling sentiment in the open market. Any future insight depends on whether the insider sells vested shares or retains them.