Williams Gregg 4
4 · Vivani Medical, Inc. · Filed Jan 28, 2026
Research Summary
AI-generated summary of this filing
Vivani Medical (VANI) 10% Owner Gregg G. Williams Buys 1.35M Shares
What Happened Gregg G. Williams, a reported 10% owner of Vivani Medical (VANI), purchased 1,351,351 shares of the company's common stock in a private sale on January 27, 2026 at $1.48 per share. The purchase price totaled $1,999,999.48. This was a direct purchase (transaction code P), which is a buy rather than a sale or option exercise.
Key Details
- Transaction date: January 27, 2026; purchase price: $1.48 per share; total consideration: $1,999,999.48.
- Private sale documented by a Share Purchase Agreement dated January 25, 2026; price equals the Nasdaq last reported sale on January 23, 2026.
- Reported ownership after the transaction: 32,714,660 shares held directly and/or indirectly (breakdown: 4,799,200 direct; 25,789,708 via Gregg G. Williams 2006 Trust; 1,212,856 via Williams International Co. LLC; 181,587 via Sam Williams Family Investments LLC; 731,309 via Sam B. Williams 1995 Generation‑Skipping Trust). Gregg G. Williams has voting and dispositive power over these shares.
- The filer states willingness to provide full information on the transaction upon request.
- Form 4 was filed on January 28, 2026 (one day after the reported transaction), which is within the usual two-business-day filing window and is therefore timely.
Context This was a direct purchase by a 10% owner in a private transaction (not an open-market trade or option exercise). Purchases by large holders can be informative to investors, but they do not by themselves explain motivation. The filing discloses control and trust/LLC holdings, indicating the purchase increases an already substantial ownership position.
Insider Transaction Report
- Purchase
Common Stock
[F1][F2]2026-01-27$1.48/sh+1,351,351$1,999,999→ 27,915,460 total(indirect: See footnote)
- 4,799,200
Common Stock
Footnotes (2)
- [F1]The reporting person purchased 1,351,351 shares of the Issuer's common stock in a private sale transaction as disclosed in the Share Purchase Agreement dated as of January 25, 2026 at a price of $1.48 per share, which was the last reported sale price of the Issuer's common stock on the Nasdaq on January 23, 2026 (two days immediately prior to January 25, 2026). The gross proceeds from this private sale transaction were $1,999,999.48. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased in the transaction set forth in this footnote.
- [F2]The reporting person owns 32,714,660 shares directly and/or indirectly as follows: (i) 4,799,200 shares of common stock owned by the reporting person, (ii) 25,789,708 shares of common stock owned by Gregg G. Williams 2006 Trust, (iii) 1,212,856 shares of common stock owned by Williams International Co. LLC, (iv) 181,587 shares of common stock owned by Sam Williams Family Investments LLC, and (v) 731,309 shares of common stock owned by Sam B. Williams 1995 Generation-Skipping Trust. Gregg Williams has voting and dispositive power over all of these shares.