Vistance Networks (VISN) Director L. William Krause Sells Shares

What Happened
L. William Krause, a director of Vistance Networks, reported an open-market sale of 23,864 shares on September 2, 2026. The weighted-average sale price was $6.27 per share, for total proceeds of approximately $149,556. This was a sale (S) — sales by directors are often routine liquidity events and do not necessarily indicate a change in view of the company.

Key Details

• Transaction date: 2026-09-02 (reported on Form 4 filed 2026-09-04).
• Shares sold: 23,864; weighted-average price: $6.27; total proceeds: ~$149,556.
• Reported price range for the sale: $6.26 to $6.28 (F1). The filer will provide a breakdown of how many shares sold at each price upon request (per F1).
• Shares owned after the transaction: not specified in the provided filing.
• Related disclosure: Footnote F2 notes inclusion of 16,807 restricted stock units granted May 7, 2026 that vest on the earlier of May 7, 2027 or the 2027 annual meeting, subject to continued board service.
• Filing timeliness: Form 4 was filed two days after the transaction (file date 2026-09-04 for a 2026-09-02 sale); the filing does not indicate a late reporting flag.

Context

• This was a straight sale of existing shares in the open market (transaction code S), not an option exercise, award, or gift.
• Director sales can reflect routine portfolio management or tax/liquidity needs; the Form 4 discloses the mechanics but does not state the seller’s motivation.