[Form 4] Vivani Medical, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Vivani Medical, Inc. insider activity: A reporting person who is both a director and 10% owner of VANI disclosed two private purchases of Vivani Medical common stock dated 11/15/2025. One transaction involved buying 1,473,214 shares at $1.12 per share under a Share Purchase Agreement dated March 26, 2025, with gross proceeds of $1,649,999.68. A second transaction involved buying 264,550 shares at $1.26 per share under a Share Purchase Agreement dated August 11, 2025, with gross proceeds of $333,333.00. After these transactions, the reporting person is shown as beneficially owning 27,887,779 shares of Vivani common stock through a combination of direct holdings, family trusts, and related entities over which Gregg Williams has voting and dispositive power.
Positive
- None.
Negative
- None.
Insights
Large additional share purchases by a director/10% holder increase concentrated ownership and reinforce existing control structure.
The filing shows a major shareholder of Vivani Medical, Inc. purchased additional common shares in two private sale transactions. On
After these transactions, the reporting person is disclosed as beneficially owning 27,887,779 shares in total, held across several entities, with 4,799,200 shares owned directly and the balance through multiple trusts and LLCs. The filer is identified as both a Director and a 10% Owner, and has voting and dispositive power over all listed entities’ shares, which points to a highly concentrated voting position. This structure suggests that corporate decisions can be significantly influenced by this holder, and changes in their stake can be important to monitor.
The transactions were executed via private sale rather than on the open market, at prices tied to recent Nasdaq sale prices, and they expand the already significant beneficial ownership stake. The key items to watch going forward are any additional Form 4 filings that change this 27,887,779-share position, as well as any future updates to the Share Purchase Agreements referenced with dates
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,473,214 | $1.12 | $1.65M |
| Purchase | Common Stock | 264,550 | $1.26 | $333K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The reporting person purchased 1,473,214 shares of the Issuer's common stock in a private sale transaction as disclosed in the Share Purchase Agreement dated as of March 26, 2025 at a price of $1.12 per share, which was the last reported sale price of the Issuer's common stock on the Nasdaq on March 25, 2025 (the day immediately prior to March 26, 2025). The gross proceeds from this private sale transaction were $1,649,999.68. 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. The reporting person purchased 264,550 shares of the Issuer's common stock in a private sale transaction as disclosed in the Share Purchase Agreement dated as of August 11, 2025 at a price of $1.26 per share, which was the last reported sale price of the Issuer's common stock on the Nasdaq on August 10, 2025 (the day immediately prior to August 11, 2025). The gross proceeds from this private sale transaction were $333,333.00. 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. The reporting person owns 27,887,779 shares directly and/or indirectly as follows: (i) 4,799,200 shares of common stock owned by the reporting person, (ii) 20,962,827 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.
FAQ
What insider transaction did Vivani Medical (VANI) report on this Form 4?
The filing reports that a director and 10% owner of Vivani Medical, Inc. (VANI) executed two private purchases of Vivani common stock dated 11/15/2025, which are detailed in Table I and the footnotes.
What were the transaction sizes for the Vivani Medical insider purchases?
The gross proceeds for the first private sale transaction were $1,649,999.68, and the gross proceeds for the second private sale transaction were $333,333.00, as stated in the explanatory footnotes.