Haltmayer Neven 4
Research Summary
AI-generated summary
Harmonic (HLIT) SVP Neven Haltmayer Sells 31,766 Shares
What Happened
Neven Haltmayer, SVP & GM, Video Business at Harmonic Inc. (HLIT), sold 31,766 shares on May 13, 2026. The shares were disposed at $13.24 per share for a total proceeds of approximately $420,604. This was a sale (not a purchase); sales can be routine and do not necessarily indicate a change in insider sentiment.
Key Details
- Transaction date and price: May 13, 2026 — 31,766 shares sold at $13.24 per share.
- Total value: Approximately $420,604.
- Transaction type as reported: "Open market or private sale" (Code S).
- Shares owned after transaction: Not disclosed in the provided filing.
- Filing date: Form 4 filed May 15, 2026 (two business days after the trade), which appears timely based on standard Form 4 deadlines.
- Footnotes/plan: No additional footnotes, 10b5-1 plan, or tax-withholding details were included in the supplied data.
Context
Insider purchases are often stronger signals of confidence than sales; many insider sales are routine (liquidity, diversification, tax planning). This single reported sale provides factual disclosure of proceeds but does not by itself indicate management’s view of Harmonic’s future prospects.