Form 4: Harmonic Inc. Executive Neven Haltmayer Reports Stock Transactions
SEC Form 4 Filing
Neven Haltmayer, SVP & Interim GM of Video Business at Harmonic Inc., reports the vesting and subsequent sale of restricted stock units.
Summary
- On August 15, 2024, Neven Haltmayer, SVP & Interim GM of Video Business at Harmonic Inc., reported transactions involving Harmonic Inc. common stock.
- These transactions included the vesting of 12,113 shares of common stock from restricted stock units and the sale of 6,464 shares to cover tax obligations at a price of $14.01 per share.
- Following these transactions, Haltmayer directly owns 127,860 shares of Harmonic Inc. common stock.
- The reported transactions also involved the vesting of restricted stock units granted on February 15, 2023, May 15, 2023, and February 15, 2024, resulting in 6,398, 666, and 5,049 shares respectively.
- After these transactions, Haltmayer holds 12,796, 2,001, and 30,293 restricted stock units respectively.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and does not indicate any specific positive or negative sentiment.
Industry Context
Executive stock transactions are a routine part of corporate governance and compensation practices. Form 4 filings are required by the SEC to provide transparency into insider trading activities.
Key Dates
| Date | Description |
|---|---|
| 02/15/2023 | Date of grant for 6,398 Restricted Stock Units that vest |
| 05/15/2023 | Date of grant for 666 Restricted Stock Units that vest |
| 02/15/2024 | Date of grant for 5,049 Restricted Stock Units that vest |
| 08/15/2024 | Date of stock transactions (vesting and sale) |
| 08/19/2024 | Date of Form 4 filing |
| 02/15/2025 | Expiration date for 6,398 Restricted Stock Units |
| 05/15/2025 | Expiration date for 666 Restricted Stock Units |
| 02/15/2026 | Expiration date for 5,049 Restricted Stock Units |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.