Whalen Daniel T 4

What Happened
Daniel T. Whalen, a director of Harmonic Inc. (HLIT), received a grant of 18,756 restricted stock units (RSUs) on March 16, 2026. The filing lists the acquisition price as $0.00 because these are RSUs (a derivative award) rather than an open-market purchase. The RSUs represent a contingent right to receive one share of HLIT common stock per unit upon vesting.

Key Details

• Transaction date and type: 2026-03-16 — Award/Grant of 18,756 RSUs (derivative), reported with $0.00 per-unit acquisition price.
• Vesting/delivery: RSUs are scheduled to vest in full on February 15, 2027; vested shares will be delivered on or immediately after that date (Footnotes F1, F2).
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Report filed 2026-03-18 for a 2026-03-16 transaction — appears timely (Form 4 is due within two business days).
• Tax withholding or sale-on-vest: None specified in the filing.

Context
Restricted stock unit grants are compensation awards, not open-market purchases or sales. They do not represent immediate ownership until they vest and convert to shares; therefore this grant is neither a direct bullish purchase nor a sale. Retail investors should view RSU awards as executive compensation and monitor vesting dates (Feb 15, 2027) for when shares may be issued and potentially appear in subsequent filings if sold or withheld for taxes.