Director Timothy T. Yates filed a Form 4 with the SEC on November 13, 2026, disclosing a purchase of 25,000 shares of common stock in Vistance Networks, Inc. (NASDAQ:VISN) on November 12, 2026.

Key Highlights

  • Purchase transaction: Timothy T. Yates acquired 25,000 shares of Vistance Networks common stock on November 12, 2026.
  • Price paid: Shares were acquired at $3.9473 per share, according to the filing.
  • Beneficial ownership after transaction: Following the purchase, Yates beneficially owns 248,751 shares indirectly, held through a Family Trust.
  • Direct holdings also reported: The filing separately shows 58,807 shares reported as a prior directly held amount, with no transaction date listed for that position.
  • Restricted stock units included: The 58,807 figure includes 16,807 restricted stock units granted on May 7, 2026, vesting on the earlier of May 7, 2027, or the date of the issuer's 2027 annual stockholders' meeting, subject to continued Board membership.
  • Role of reporting person: Yates is identified as a Director of Vistance Networks, Inc.

Yates Purchase and Ownership Details at Vistance Networks

According to the Form 4 filed on November 13, 2026, Director Timothy T. Yates executed a open-market purchase of 25,000 shares of Vistance Networks, Inc. common stock on November 12, 2026, at a price of $3.9473 per share. The transaction code reported is "P," indicating a purchase. The filing was signed by Michael D. Coppin under a Power of Attorney.

Following the reported transaction, the filing states that Yates indirectly beneficially owns 248,751 shares of common stock through a Family Trust. In addition, the filing reports a separate holding of 58,807 shares, for which no transaction date is listed in Table I. The filing's footnote discloses that this figure includes 16,807 restricted stock units granted on May 7, 2026. Those units, the filing states, "will 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 filing was submitted as a Form 4 by one reporting person and is not indicated as an amendment to a prior filing. Vistance Networks, Inc. is listed on NASDAQ under the ticker symbol VISN, as stated on the filing's cover.

What Was Disclosed

Director Timothy T. Yates reported the purchase of 25,000 shares of Vistance Networks common stock at $3.9473 per share on November 12, 2026, with indirect beneficial ownership of 248,751 shares through a Family Trust following the transaction.