Harmonic (HLIT) CFO Walter Jankovic Receives RSU Award

What Happened Walter Jankovic, Chief Financial Officer of Harmonic Inc. (HLIT), was granted 20,614 restricted stock units (RSUs) on August 10, 2026. The Form 4 reports the award as a derivative acquisition (code A) at a reported price of $0.00 (typical for RSU grants, which are not purchased). No cash value or sale occurred—this is a company equity award, not an open-market trade.

Key Details

• Transaction date: 2026-08-10; Form 4 filed: 2026-08-12.
• Grant: 20,614 RSUs; reported price per unit: $0.00 (derivative award).
• Shares owned after transaction: not specified in the filing.
• 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 vest each quarter thereafter, reaching 100% by the third anniversary of the RSU vesting commencement date.
• No tax withholding, sale, or 10b5-1 plan noted in the reported entry.

Context RSU grants are a form of compensation and do not reflect an immediate cash purchase or sale by the insider. The award will convert into actual shares only as the RSUs vest per the schedule above. This is a routine equity-compensation event rather than a directional insider buy or sell.