Harmonic SVP exercises 3,750 RSUs and settles taxes
Harmonic Inc. senior vice president Ronald J. Glahn exercised restricted stock units and settled related taxes in shares.
Rhea-AI Filing Summary
Harmonic Inc. senior vice president Ronald J. Glahn exercised restricted stock units and settled related taxes in shares. On April 15, 2026, he exercised 3,750 restricted stock units, receiving an equal number of Harmonic common shares. Each restricted stock unit represents a contingent right to receive one share of HLIT common stock.
On the same date, 1,042 common shares were withheld at $9.88 per share to cover tax obligations, a non‑market, tax-withholding disposition rather than an open-market sale. After these transactions, Glahn directly held 35,890 shares of Harmonic common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,750 shares exercised/converted
Exercise
3 txns
Insider
Glahn Ronald J
Role
SVP, Global Sales, Broadband
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,750 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,750 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,042 | $9.88 | $10K |
Holdings After Transaction:
Restricted Stock Units — 15,000 contracts (Direct);
Common Stock — 35,890 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: 3,750 units
Tax-withholding shares: 1,042 shares
Tax-withholding price: $9.88 per share
+3 more
6 metrics
RSUs exercised
3,750 units
Restricted stock units converted to common shares on April 15, 2026
Tax-withholding shares
1,042 shares
Common shares withheld to cover taxes at $9.88 per share
Tax-withholding price
$9.88 per share
Value used for 1,042-share tax-withholding disposition
Shares held after transactions
35,890 shares
Direct Harmonic common stock holdings after April 15, 2026 transactions
Exercise transactions
1 transaction, 3,750 shares
Derivative exercise/conversion activity summarized in transaction data
Tax-withholding transactions
1 transaction, 1,042 shares
Tax-liability settlement by delivering shares
Key Terms
Restricted Stock Units, derivative exercise/conversion, tax-withholding disposition, derivative security, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
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.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion""
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.
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HLIT executive Ronald J. Glahn report on this Form 4?
Ronald J. Glahn reported exercising 3,750 restricted stock units into Harmonic Inc. common shares. This derivative exercise increased his direct equity position and reflects routine equity compensation rather than an open-market stock purchase or sale.
What does exercising 3,750 restricted stock units mean for HLIT’s Ronald J. Glahn?
Exercising 3,750 restricted stock units means Glahn converted compensation awards into 3,750 Harmonic common shares. Each unit represented a contingent right to one share, so the transaction increased his stock ownership through equity compensation rather than a cash purchase.
AI-generated analysis. How Rhea-AI works. Not financial advice.
