Harmonic (NASDAQ: HLIT) SVP exercises RSUs, withholds 1,111 shares for taxes
Rhea-AI Filing Summary
HARMONIC INC. (HLIT) senior vice president Ronald J. Glahn reported an exercise of restricted stock units into 4,038 shares of common stock on 2026-08-15. The corresponding RSU derivative entry shows 24,228 restricted stock units remaining after this transaction. On the same date, 1,111 common shares were delivered or withheld at $13.92 per share for payment of exercise price or tax liability, leaving the net economic effect of these transactions neutral overall.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,927 shares
Net Buy
3 txns
Insider
Glahn Ronald J
Role
SVP, Global Sales, Broadband
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1 | 4,038 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,038 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,111 | $13.92 | $15K |
Holdings After Transaction:
Restricted Stock Units — 24,228 shares (Direct);
Common Stock — 44,463 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: 4,038 units
RSUs remaining after transaction: 24,228 units
Shares delivered/withheld for exercise price or tax liability: 1,111 shares
+1 more
4 metrics
RSUs exercised
4,038 units
Restricted stock units converted into Harmonic common stock on 2026-08-15
RSUs remaining after transaction
24,228 units
Total restricted stock units reported following the derivative transaction
Shares delivered/withheld for exercise price or tax liability
1,111 shares
Common shares used for payment of exercise price or tax liability at $13.92 per share
Price per share for tax/exercise payment
$13.92 per share
Value used in the code F transaction for 1,111 Harmonic common shares
Key Terms
Restricted Stock Units, Exercise or conversion of derivative security, Payment of exercise price or tax liability by delivering or withholding securities
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.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Payment of exercise price or tax liability by delivering or withholding securities financial
"transaction_code_description: Payment of exercise price or tax liability by delivering"
FAQ
What insider transaction did HLIT executive Ronald J. Glahn report on this Form 4?
Ronald J. Glahn reported exercising restricted stock units into 4,038 shares of Harmonic Inc. common stock on 2026-08-15. This was paired with a share disposition to cover exercise price or tax liability.
What RSU balance does Ronald Glahn report after these Harmonic (HLIT) transactions?
After the derivative transaction, Ronald Glahn reports holding 24,228 restricted stock units. Each unit corresponds to a contingent right to receive one HLIT common share in the future, subject to applicable vesting and settlement terms.
Was Ronald Glahn’s Harmonic (HLIT) Form 4 filed under a Rule 10b5-1 trading plan?
The document-level checkbox for Rule 10b5-1 status is unchecked, and no footnote indicates a trading plan. The transactions are therefore not affirmed as made pursuant to a Rule 10b5-1 plan in this report.
AI-generated analysis. How Rhea-AI works. Not financial advice.
