Harmonic (HLIT) director Dev Indraneel receives 18756 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dev Indraneel reported acquisition or exercise transactions in this Form 4 filing.
HARMONIC INC. director Dev Indraneel received 18756 restricted stock units (RSUs) as an equity award. The RSUs were granted on March 16, 2026 and each unit represents a right to receive one share of HLIT common stock. The shares subject to these RSUs are scheduled to vest in full on February 15, 2027. Vested RSUs will be settled in shares within 60 days after the earliest of a change-in-control event, the director’s separation from service, or the director’s death. Following this grant, the director holds 18756 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dev Indraneel
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 18,756 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 18,756 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of HLIT common stock. The shares subject to the restricted stock units are scheduled to vest in full on February 15, 2027. The vested RSUs will be settled in shares within 60 days following the earliest to occur of (i) a change-in-control event, (ii) the director's separation from service from the company, or (iii) the director's death.
FAQ
What insider transaction did Harmonic (HLIT) report for Dev Indraneel?
Harmonic reported that director Dev Indraneel received 18756 restricted stock units as an equity award. The grant occurred on March 16, 2026 and represents compensation, not an open-market share purchase or sale, with future settlement in HLIT common stock after vesting conditions are met.
How many restricted stock units did the Harmonic (HLIT) director receive?
The director received 18756 restricted stock units. Each RSU represents a contingent right to receive one share of HLIT common stock, providing potential future ownership once the vesting conditions are satisfied and the units are ultimately settled in shares after specified triggering events.
When do the new Harmonic (HLIT) RSUs for Dev Indraneel vest?
The RSUs are scheduled to vest in full on February 15, 2027. This means the award becomes fully earned on that date, subject to the terms, after which the vested units can later be settled in HLIT common stock upon specified triggering events described in the grant terms.
Is the Harmonic (HLIT) Form 4 transaction a stock purchase or sale?
The Form 4 reflects a grant of 18756 restricted stock units, not an open-market purchase or sale. It is classified as a grant, award, or other acquisition of derivative securities as director compensation, with future conversion into common shares after vesting and applicable triggering events.
How many Harmonic (HLIT) RSUs does Dev Indraneel hold after this grant?
After this grant, the director holds 18756 restricted stock units directly. These units are tied to future delivery of an equal number of HLIT common shares, contingent on vesting by February 15, 2027 and subsequent settlement after the earliest specified triggering event occurs under the award terms.