4Filed Aug 10, 8:00 PM ET
Vistance Networks (VISN) Director L. William Krause Gifts 102,300 Shares
$VISN · Vistance Networks, Inc.Research Summary
AI-generated summary of this SEC filing
Vistance Networks (VISN) Director L. William Krause Gifts 102,300 Shares
What Happened
- L. William Krause, a director of Vistance Networks, reported a gift (Form 4 code G) disposing of 102,300 shares on August 10, 2026. The transaction shows $0.00 per share and $0 total proceeds, reflecting a transfer by gift rather than a sale for cash.
Key Details
- Transaction date: 2026-08-10; Form 4 filed with the SEC: 2026-08-11 (timely; Form 4s are due within 2 business days).
- Price: $0.00 per share (code G — gift); aggregate value reported: $0.
- Shares owned after transaction: not specified in the information provided in this summary (the filing did not disclose a post-transaction beneficial ownership total here).
- Footnote: Filing notes inclusion of 16,807 restricted stock units granted under the issuer’s non-employee director compensation plan on May 7, 2026; those RSUs vest on the earlier of May 7, 2027 or the 2027 annual meeting, subject to continued board membership.
- No indication of a 10b5-1 plan, tax-withholding disposition, or exercise of derivatives in this transaction.
Context
- A gift (G) is a non-sale disposition and does not directly signal the director’s view on the company’s stock price; gifts may be to family members, trusts, or charities.
- This was not an option exercise or market sale — no cash changed hands according to the filing.