Form 4: Harmonic Inc. CFO Walter Jankovic Reports Stock Transactions
SEC Form 4 Filing
Chief Financial Officer Walter Jankovic of Harmonic Inc. reports the acquisition and disposal of common stock and restricted stock units on August 22, 2024.
Summary
- On August 22, 2024, Walter Jankovic, the CFO of Harmonic Inc. (HLIT), reported transactions involving the company's stock.
- Jankovic acquired 6,644 shares of common stock through the vesting of restricted stock units.
- He also disposed of 2,345 shares to cover tax obligations at a price of $13.72 per share.
- Following these transactions, Jankovic directly owns 21,501 shares of Harmonic Inc. common stock and 46,512 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date exercisable for Restricted Stock Units |
| 08/22/2024 | Date of stock transactions: acquisition of shares via restricted stock units and disposal of shares for tax obligations. |
| 08/26/2024 | Date of signature for the report. |
| 05/22/2026 | Expiration date for Restricted Stock Units |
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