Form 4: Harmonic Inc. CFO Walter Jankovic Reports Stock Transactions

Chief Financial Officer Walter Jankovic reports the disposition of Harmonic Inc. stock to cover tax obligations related to the vesting of restricted stock units.

Summary

• On May 15, 2025, Walter Jankovic, the CFO of Harmonic Inc., reported transactions involving the company's common stock and restricted stock units.
• Jankovic disposed of 3,973 shares of common stock at a price of $9.6 to satisfy tax obligations.
• He also disposed of 11,289 shares of common stock.
• These transactions resulted in a decrease in his directly held common stock from 84,215 to 80,242 shares.
• Additionally, he disposed of 3,218 and 8,071 restricted stock units, which convert to common stock.
• Following these transactions, Jankovic directly holds 56,497 restricted stock units.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.

Key Dates

Keywords

Harmonic Inc, HLIT, Walter Jankovic, CFO, stock, restricted stock units, Form 4, insider trading