HARMONIC INC.·4

Mar 18, 9:55 PM ET

Jankovic Walter 4

Research Summary

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Harmonic (HLIT) CFO Walter Jankovic Receives RSU Award

What Happened

  • Walter Jankovic, Chief Financial Officer of Harmonic Inc. (HLIT), received a grant of 133,268 restricted stock units (RSUs) on March 16, 2026. The grant is reported as a derivative award with an acquisition price of $0.00 (i.e., an RSU award, not an open‑market purchase).

Key Details

  • Transaction date: 2026-03-16; Form 4 filed: 2026-03-18 (timely reporting).
  • Transaction type/code: A — Award/Grant (derivative: RSUs).
  • Quantity: 133,268 RSUs; reported acquisition price: $0.00.
  • Shares owned after transaction: not specified in the provided filing details.
  • Footnote F1: Each RSU represents a contingent right to receive one share of HLIT common stock upon vesting.
  • Footnote F2: Vesting schedule — 33.33% vests on 2/15/2027, then ~8.33% of the remaining RSUs vests each quarter thereafter, reaching 100% on the third anniversary of the RSU vesting commencement date.

Context

  • RSU grants are a common form of executive compensation and do not represent an immediate cash transaction or open‑market trade. Value is realized only as RSUs vest and convert to shares (subject to company policies and any tax withholding). This filing reports an award rather than a sale or purchase and does not, by itself, indicate insider buying or selling sentiment.