Glahn Ronald J 4

What Happened
Ronald J. Glahn, SVP, Global Sales, Broadband at Harmonic (HLIT), had 16,151 restricted stock units (RSUs) convert to common shares on Feb 15, 2026. To satisfy tax withholding, 4,429 of those shares were surrendered/withheld at $10.68 per share, totaling approximately $47,302. Net shares issued to Glahn from this conversion were 11,722 (16,151 converted minus 4,429 withheld). This was not a market purchase — it was a compensation-related conversion/vesting with shares withheld to cover taxes.

Key Details

• Transaction date: 2026-02-15; Form filed: 2026-02-17 (timely).
• Conversion: 16,151 RSUs converted to common shares (code M), exercise/conversion price $0.00 (RSUs vest, no cash exercise).
• Tax withholding: 4,429 shares surrendered (code F) at $10.68/share = $47,302 withheld for tax liability.
• Net shares received: 11,722 shares issued to the insider after withholding.
• Footnote: Each restricted stock unit represents a contingent right to one share of HLIT common stock.
• Filing timeliness: Reported within two days of the transaction date; not indicated as late.

Context

• This was a routine RSU vesting and tax-withholding event (a common form of compensation), not an open-market buy or voluntary sale. The withholding of shares to cover taxes is effectively a cashless settlement; it does not necessarily indicate a buy or sell decision by the insider. The filing shows conversion of the derivative award into shares and shares withheld to meet withholding obligations.