Form 4: Harmonic Inc. Director Deborah Clifford Reports Acquisition of Restricted Stock Units

Director Deborah Clifford reports acquisition of 16,143 restricted stock units in Harmonic Inc. (HLIT) on February 20, 2025, vesting fully on February 15, 2026.

Summary

• On February 20, 2025, Deborah Clifford, a director of Harmonic Inc. (HLIT), reported acquiring 16,143 restricted stock units (RSUs).
• Each RSU represents a contingent right to receive one share of HLIT common stock.
• The RSUs are scheduled to vest in full on February 15, 2026.
• Vested RSUs will be settled in shares within 60 days following a change-in-control event, separation from service, or death of the director.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't convey any positive or negative sentiment about the company's performance or prospects.

Future Outlook

The document does not contain any specific forward-looking statements or guidance regarding the company's future performance.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors. It's a standard practice for publicly traded companies.

Stakeholder Impact

• Shareholders are informed about the director's acquisition of restricted stock units, providing transparency regarding insider holdings.

Key Dates

Keywords

Harmonic Inc, HLIT, Deborah Clifford, Director, Restricted Stock Units, RSU, Beneficial Ownership, Form 4, SEC