A Form 4 filed on August 11, 2026, with the U.S. Securities and Exchange Commission reports that L. William Krause, a director of Vistance Networks, Inc. (NASDAQ:VISN), disposed of 102,300 shares of common stock on August 10, 2026, via a gift transaction at a price of $0.

Key Highlights

  • Reporting person: L. William Krause, identified as a Director of Vistance Networks, Inc.
  • Transaction date: August 10, 2026, with the form filed August 11, 2026.
  • Transaction type: 102,300 shares of common stock disposed of (code G, a gift) at a price of $0.
  • Remaining ownership: Following the transaction, Krause beneficially owned 274,507 shares of common stock directly.
  • Restricted stock units included: The post-transaction total includes 16,807 restricted stock units granted May 7, 2026, under the issuer's non-employee director compensation plan, vesting on the earlier of May 7, 2027, or the date of the issuer's 2027 annual stockholders' meeting, subject to continued board membership.
  • Filed by: Michael D. Coppin, signing under a Power of Attorney on behalf of the reporting person.

Krause Gift Transaction and Beneficial Ownership Details at Vistance Networks

According to the filing, L. William Krause, a director of Vistance Networks, Inc. (NASDAQ:VISN), reported a disposition of 102,300 shares of common stock on August 10, 2026. The transaction code recorded is "G," indicating a gift, and the price listed is $0. The form was filed on August 11, 2026, by Michael D. Coppin under a Power of Attorney.

Following the reported transaction, the filing discloses that Krause directly and beneficially owned 274,507 shares of Vistance Networks common stock. The filing notes, via footnote, that this total includes 16,807 restricted stock units granted pursuant to the issuer's non-employee director compensation plan on May 7, 2026. According to the filing, those units "vest on the earlier to occur of (i) May 7, 2027; and (ii) the date of the issuer's 2027 annual stockholders' meeting, subject to the director's continued membership on the Board of Directors on such date."

No derivative securities transactions were reported in Table II of the filing. The form was filed by one reporting person, and no amendment date was indicated, suggesting this is an original filing rather than an amendment to a previously submitted form.

What Was Disclosed

The filing discloses that director L. William Krause gifted 102,300 shares of Vistance Networks common stock on August 10, 2026, at $0, and retained direct beneficial ownership of 274,507 shares, including 16,807 unvested restricted stock units.