Williams Gregg 4

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.