[Form 4] Vistance Networks, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vistance Networks, Inc. reported that executive Giordano Bartolomeo, SVP & President of RUCKUS Networks, acquired 2,184 shares of common stock on February 24, 2026 through a grant/award at a price of $0.00 per share. These shares relate to performance share units that were determined to be earned based on actual company performance for a period ending December 31, 2025, and are scheduled to vest on June 1, 2026, subject to his continued employment. After this award, Bartolomeo directly holds 548,621 shares of Vistance common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Giordano Bartolomeo
Role
SVP & Pres., RUCKUS Networks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,184 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 548,621 shares (Direct)
Footnotes (1)
- On 03/01/2023, the reporting person was granted 50,800 performance share units, which number could be increased or decreased based upon the Company's satisfaction of certain performance criteria during the applicable performance period. On 12/16/2025, the Compensation Committee of the issuer approved the vesting of a portion of the performance share units representing 50,800 shares, effective on 12/18/2025, based upon estimated performance. On 01/08/2026, the Compensation Committee determined that 12,243 additional performance share units were earned based upon actual performance, which performance period ended on 12/31/2025. On 02/24/2026, the Compensation Committee determined that 2,184 additional performance share units were earned based upon actual performance, and such additional performance share units will vest on 06/01/2026, subject to the reporting person's continued employment with the issuer. As previously reported, includes (a) 52,800 restricted stock units that were granted on 03/01/2024 and will vest ratably on 06/01/2026 and 06/01/2027; (b) 107,200 restricted stock units that were granted on 06/01/2024 and will vest ratably on 06/01/2026 and 06/01/2027; (c) 94,500 restricted stock units that were granted on 03/01/2025 and will vest ratably on 06/01/2026, 06/01/2027 and 06/01/2028; and (d) 83,718 performance share units that were earned on 01/08/2026 and will vest on 06/01/2026; each subject to the reporting person's continued employment with the issuer.
FAQ
What insider transaction did Vistance Networks (VISN) report for Giordano Bartolomeo?
Vistance Networks reported that Giordano Bartolomeo received a grant of 2,184 shares of common stock on February 24, 2026. The award stems from performance share units earned based on actual company performance and will vest on June 1, 2026, if he remains employed.
Was the February 24, 2026 Vistance (VISN) insider transaction a market purchase or a grant?
The February 24, 2026 transaction was a grant/award acquisition, not a market purchase. Giordano Bartolomeo received 2,184 common shares at a price of $0.00 per share, reflecting performance share units determined to be earned based on company performance criteria.