Gregg Williams, a director and 10% owner of Vivani Medical, Inc. (), purchased 1,587,301 shares of the company’s common stock on June 15, 2026. The transaction, executed at a price of $1.26 per share, totaled $1,999,999.
The acquisition was part of a private sale transaction, as detailed in a Share Purchase Agreement dated August 11, 2025. The purchase price of $1.26 per share matched the last reported sale price of Vivani Medical’s common stock on the Nasdaq on August 10, 2025, the day immediately prior to the agreement date. The stock currently trades at $1.13, below Williams’ purchase price, reflecting the company’s volatile nature with a beta of 3.29.
Following this transaction, Mr. Williams’ total beneficial ownership in Vivani Medical stands at 40,918,286 shares. This includes 4,799,200 shares owned directly by Mr. Williams. The remaining shares are held indirectly through various entities: 33,993,334 shares by the Gregg G. Williams 2006 Trust, 1,212,856 shares by Williams International Co. LLC, 181,587 shares by Sam Williams Family Investments LLC, and 731,309 shares by the Sam B. Williams 1995 Generation-Skipping Trust. Gregg Williams retains voting and dispositive power over all these shares. The company carries a “WEAK” financial health score on InvestingPro, though analysts see significant upside potential with price targets ranging from $3.50 to $7.00.
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