Glahn Ronald J 4

What Happened Ronald J. Glahn, Senior Vice President, Global Sales, Broadband at HARMONIC (HLIT), had 4,038 restricted stock units (RSUs) convert into common shares on 2026-05-15. The RSU settlement is reported as an exercise/conversion (derivative), with a portion — 1,111 shares — withheld/disposed to satisfy tax withholding at $12.54 per share, totaling $13,932. Net shares delivered to Glahn after withholding: 2,927 shares (4,038 issued minus 1,111 withheld).

Key Details

• Transaction date: 2026-05-15 (filed 2026-05-19).
• RSU conversion: 4,038 shares acquired at $0.00 (reflects settlement of RSUs).
• Tax withholding: 1,111 shares disposed/withheld at $12.54 each, proceeds $13,932.
• Net shares issued to insider: 2,927 shares.
• Footnote: Each restricted stock unit represents a contingent right to receive one share of HLIT common stock.
• Shares owned after the transaction: not disclosed in the filing.

Context

• This was an award settlement (RSU vesting/conversion), not an open-market purchase or a voluntary sale; the withholding is a common, administrative action to cover taxes.
• The filing records both the conversion of the derivative award and the share withholding to satisfy tax obligations; nothing in the filing indicates a separate market sale beyond the withholding.