Form 4: Vivani Medical Director Gregg Williams Increases Stake in Company

Director Gregg Williams increased his holdings in Vivani Medical through open market purchases.

Summary

• On April 21, 2025, Gregg Williams, a director and 10% owner of Vivani Medical, Inc., purchased 1,569 shares of common stock at a price of $1.01 per share.
• On April 22, 2025, Williams purchased an additional 243 shares at $1.01 per share.
• Following these transactions, Williams directly and indirectly owns 13,827,042 shares.
• The indirect ownership includes shares held by Gregg G. Williams 2006 Trust (11,701,290 shares), Williams International Co. LLC (1,212,856 shares), Sam Williams Family Investments LLC (181,587 shares), and Sam B. Williams 1995 Generation-Skipping Trust (731,309 shares), over which Gregg Williams has voting and dispositive power.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock purchases by a director, which can be interpreted as a positive signal, but it's not overwhelmingly significant.

Positives

• The director's purchase of shares may signal confidence in the company's future prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC when insiders buy or sell shares of their company's stock. They provide transparency into the trading activities of company executives and directors.

Stakeholder Impact

• The increased stake by a director could be viewed positively by shareholders.

Key Dates

Keywords

Vivani Medical, Gregg Williams, Director, Share Purchase, Beneficial Ownership, Form 4, VANI