Form 4: Harmonic Inc. CFO Walter Jankovic Reports Stock Transactions
SEC Form 4 Filing
Walter Jankovic, CFO of Harmonic Inc., reports the acquisition and disposal of common stock and restricted stock units on May 22, 2024.
Summary
- On May 22, 2024, Walter Jankovic, the Chief Financial Officer of Harmonic Inc. (HLIT), engaged in transactions involving the company's stock.
- Jankovic acquired 26,578 shares of common stock through the exercise of restricted stock units.
- Simultaneously, Jankovic disposed of 9,376 shares of common stock to cover tax obligations, at a price of $11.71 per share.
- Following these transactions, Jankovic directly owns 17,202 shares of Harmonic Inc. common stock and 53,156 restricted stock units.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document simply reports stock transactions by an executive, which is a routine occurrence.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of stock acquisition and disposal transactions, and restricted stock units exercise. |
| 02/22/2026 | Expiration date of the restricted stock units. |
| 05/24/2024 | Date of signature for the Form 4 filing. |
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