4Accepted Sep 1, 6:24 PM ET
Vistance Networks (VISN) Director William L. Krause Sells 176,136 Shares
Accepted (ET)
6:24 PM
Sep 1, 2026
Filed
Sep 1, 2026
Documents
1
Size
5.6 KB
Summary
Vistance Networks (VISN) Director William L. Krause Sells 176,136 Shares
What Happened
- William L. Krause, a director of Vistance Networks, sold 176,136 shares on August 28, 2026 in an open-market/private sale (reported as a sale, code S). The weighted average price was $6.75 per share, for total proceeds of approximately $1,188,037. This is a sale (not a purchase) and does not by itself indicate insider sentiment.
Key Details
- Transaction date: August 28, 2026; filing date: September 1, 2026 (filed within the Form 4 timing window).
- Price: weighted average $6.75; price range for the shares sold was $6.68 to $6.775 (footnote F1).
- Shares sold: 176,136; total proceeds ≈ $1,188,037.
- Shares owned after transaction: not specified in this Form 4 filing.
- Footnote F2: the filing notes inclusion of 16,807 restricted stock units granted May 7, 2026, which vest on the earlier of May 7, 2027 or the 2027 annual meeting, subject to continued board membership.
- No 10b5-1 plan, gift, option exercise, or tax-withholding mechanics are disclosed in this filing.
Context
- This was a straightforward open-market sale by a non-employee director. Sales are common with directors (for liquidity or portfolio reasons); they differ from purchases, which are often treated as stronger signals of insider conviction. The filing provides a weighted average sale price and a range; the reporter offers to provide per-price breakdowns to the SEC or issuer upon request (F1).