Form 4: Harmonic Inc. Executive Ben-Natan Nimrod Reports Stock Transactions
SEC Form 4 Filing
President and CEO of Harmonic Inc., Ben-Natan Nimrod, reports the disposition of shares through the vesting of restricted stock units.
Summary
- On May 15, 2025, Ben-Natan Nimrod, President and CEO of Harmonic Inc., reported transactions involving Harmonic Inc. common stock and restricted stock units.
- Specifically, 12,528 shares of common stock were disposed of.
- Additionally, 5,803 and 6,725 restricted stock units vested, each representing a contingent right to receive one share of HLIT common stock.
- Following these transactions, Ben-Natan Nimrod directly owns 399,829 shares of common stock, 17,410 restricted stock units related to the 02/15/2024 grant, and 47,082 restricted stock units related to the 02/15/2025 grant.
Sentiment
Score: 5
Explanation: This Form 4 filing is a routine disclosure of executive stock transactions. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency into executive compensation and stock ownership.
Industry Context
Executive stock transactions are routinely monitored to gauge executive sentiment and ensure compliance with securities regulations. These transactions can provide insights into management's perspective on the company's current valuation and future prospects.
Stakeholder Impact
- Shareholders may be interested in these transactions as they provide insight into executive compensation and ownership.
- The transactions themselves are unlikely to have a significant direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 02/15/2024 | Date of grant for 5,803 Restricted Stock Units |
| 02/15/2025 | Date of grant for 6,725 Restricted Stock Units |
| 02/15/2026 | Expiration date for 5,803 Restricted Stock Units |
| 02/15/2027 | Expiration date for 6,725 Restricted Stock Units |
| 05/15/2025 | Date of stock transactions: disposition of shares and vesting of restricted stock units |
| 05/19/2025 | Date of Form 4 signature |
Keywords
Form 4, Beneficial Ownership, HLIT, Harmonic Inc., Stock Transaction, Restricted Stock Units, Ben-Natan Nimrod, Executive Compensation
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