Copeland Stephanie 4
Research Summary
AI-generated summary
Harmonic (HLIT) Director Stephanie Copeland Receives RSU Award
What Happened Stephanie Copeland, a director of Harmonic Inc. (HLIT), was awarded 18,756 restricted stock units (RSUs) on March 16, 2026. The RSUs were reported as an acquisition (award) at $0.00 — no cash was paid — and are contingent rights to receive one share of HLIT common stock per RSU. This is an equity award (not a purchase or sale) and does not represent immediate ownership of shares.
Key Details
- Transaction date: 2026-03-16; Form 4 filed: 2026-03-18 (timely filing).
- Grant: 18,756 RSUs; reported price: $0.00; reported as an award/derivative (code A).
- Vesting: The RSUs are scheduled to vest in full on February 15, 2027; vested shares will be delivered on or immediately following that date (footnotes F1–F2).
- Shares owned after transaction: not specified in the provided filing summary.
- No indication of a 10b5-1 plan, sale, or tax-withholding action in the disclosed transaction.
Context RSUs are a form of deferred equity compensation — they give a contingent right to receive shares at vesting rather than immediate stock ownership. Because these awards typically vest over time (here, in full on Feb 15, 2027), they are standard compensation for executives and directors and should not be read as an immediate buy or sell signal.