Harmonic (HLIT) CFO exercises 1,457 RSUs, 732 shares withheld for tax
Rhea-AI Filing Summary
Harmonic Inc. Chief Financial Officer Walter Jankovic exercised 1,457 restricted stock units on June 11, 2026, receiving the same number of common shares. 732 shares of common stock were disposed of to cover tax obligations at $14.51 per share. After these transactions he directly holds 156,260 shares of Harmonic common stock and 5,828 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 725 shares
Net Buy
3 txns
Insider
Jankovic Walter
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,457 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,457 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 732 | $14.51 | $11K |
Holdings After Transaction:
Restricted Stock Units — 5,828 shares (Direct);
Common Stock — 156,260 shares (Direct)
Footnotes (1)
- F1. Each restricted stock unit represents a contingent right to receive one share of HLIT common stock.
Key Figures
RSUs exercised: 1457.0000 units
Shares withheld for taxes: 732.0000 shares
Tax withholding share price: $14.5100 per share
+2 more
5 metrics
RSUs exercised
1457.0000 units
Restricted Stock Units exercised on June 11, 2026
Shares withheld for taxes
732.0000 shares
Common shares disposed of for tax withholding on June 11, 2026
Tax withholding share price
$14.5100 per share
Price used for tax-withholding disposition of common stock
Direct common shares held
156,260 shares
Common Stock directly owned after June 11, 2026 transactions
Remaining RSUs
5828.0000 units
Restricted Stock Units remaining after the reported exercise
Key Terms
Restricted Stock Units, tax-withholding disposition, Exercise or conversion of derivative security
3 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did HLIT's CFO report on June 11, 2026?
Harmonic Inc. CFO Walter Jankovic exercised 1,457 restricted stock units on June 11, 2026, receiving an equal number of common shares. These RSUs convert one-for-one into HLIT common stock under the company’s equity compensation program.
What type of securities did HLIT's CFO exercise in this Form 4?
He exercised Restricted Stock Units (RSUs), which are derivative awards that convert into common stock. Each RSU represents a contingent right to receive one share of HLIT common stock upon vesting and settlement.
Was the HLIT CFO's June 11, 2026 transaction under a Rule 10b5-1 plan?
The Rule 10b5-1 checkbox is not marked as affirmed, indicating these transactions were not reported as occurring under a pre-arranged Rule 10b5-1 trading plan, based on the filing’s plan-status indicator.