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STOCK TITAN

[Form 4] Harmonic Inc Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Harmonic Inc. insider transactions by SVP & GM, Video Business: The filing shows Neven Haltmayer reported transactions on 08/15/2025. He was credited with 10,901 shares of common stock at a $0 price (reported as acquisition, code M) resulting in 177,735 shares beneficially owned immediately after that item. On the same date he disposed of 5,806 shares of common stock at $8.97, leaving 171,929 shares beneficially owned. The filing also reports the treatment of restricted stock units: 5,049 RSUs (underlying 5,049 shares) and 5,852 RSUs (underlying 5,852 shares), each listed with exercise/vesting windows and shown as generating reported beneficial ownership totals for derivative holdings. The form is signed by an attorney-in-fact.

Operazioni di insider di Harmonic Inc. da parte del SVP & GM, Video Business: Il documento indica che Neven Haltmayer ha segnalato operazioni il 08/15/2025. Gli sono state accreditate 10.901 azioni ordinarie a prezzo $0 (segnalato come acquisizione, codice M), per un totale di 177.735 azioni di cui beneficiario immediatamente dopo tale voce. Nello stesso giorno ha ceduto 5.806 azioni ordinarie a $8,97, rimanendo con 171.929 azioni di cui beneficiario. Il modulo riporta inoltre il trattamento delle restricted stock units: 5.049 RSU (sottostanti 5.049 azioni) e 5.852 RSU (sottostanti 5.852 azioni), ciascuna con finestre di esercizio/vesting e indicate come componenti del totale di beneficial ownership riferito a strumenti derivati. Il documento è firmato da un procuratore.

Operaciones de insider de Harmonic Inc. por el SVP & GM, Video Business: La presentación muestra que Neven Haltmayer informó transacciones el 08/15/2025. Se le acreditaron 10.901 acciones ordinarias a precio $0 (reportado como adquisición, código M), resultando en 177.735 acciones de las que era beneficiario inmediatamente después de esa operación. En la misma fecha dispuso de 5.806 acciones ordinarias a $8,97, quedando con 171.929 acciones beneficiarias. El formulario también informa el tratamiento de restricted stock units: 5.049 RSU (subyacentes a 5.049 acciones) y 5.852 RSU (subyacentes a 5.852 acciones), cada una listada con ventanas de ejercicio/vesting y mostradas como generadoras de los totales reportados de propiedad beneficiaria sobre derivados. El formulario está firmado por un apoderado.

Harmonic Inc. 내부� 거래 � SVP � GM, 비디� 사업부: 제출서류� 따르� Neven Haltmayer� 2025� 08/15� 거래� 신고했습니다. 그는 $0 가격으� 10,901� 보통주를 부여받았으�(취득으로 보고, 코드 M), � 항목 직후� 177,735주의 실질� 보유자가 되었습니�. 같은 � 그는 보통� 5,806주를 주당 $8.97� 처분하여 실질 보유� 수는 171,929주로 남았습니�. 제출서류� 제한� 단위(restricted stock units)� 처리� 보고하며: 5,049 RSU(기초주식 5,049�) � 5,852 RSU(기초주식 5,852�)가 각각 행사/지�(vesting) 기간� 함께 기재되어 파생상품 보유� 대� 보고� 실질 보유 합계� 반영되어 있습니다. 서류� 대리인� 서명했습니다.

Opérations d'initiés de Harmonic Inc. par le SVP & GM, Video Business : Le dépôt indique que Neven Haltmayer a déclaré des opérations le 15/08/2025. Il s'est vu créditer 10 901 actions ordinaires au prix de 0 $ (déclaré comme acquisition, code M), aboutissant à 177 735 actions dont il était bénéficiaire immédiatement après cet élément. À la même date, il a cédé 5 806 actions ordinaires à 8,97 $, laissant 171 929 actions dont il est bénéficiaire. Le formulaire rapporte également le traitement des restricted stock units : 5 049 RSU (sous-jacentes à 5 049 actions) et 5 852 RSU (sous-jacentes à 5 852 actions), chacune listée avec des fenêtres d'exercice/vesting et indiquée comme contribuant aux totaux déclarés de détention bénéficiaire pour les positions dérivées. Le formulaire est signé par un mandataire.

Insider-Transaktionen von Harmonic Inc. durch den SVP & GM, Video Business: Die Meldung zeigt, dass Neven Haltmayer Transaktionen am 15.08.2025 gemeldet hat. Ihm wurden 10.901 Stammaktien zum Preis von $0 gutgeschrieben (als Erwerb gemeldet, Code M), wodurch er unmittelbar danach 177.735 wirtschaftlich begünstigte Aktien hielt. Am selben Datum veräußerte er 5.806 Stammaktien zu $8,97, womit 171.929 wirtschaftlich gehaltene Aktien verbleiben. Das Formular berichtet zudem über die Behandlung von Restricted Stock Units: 5.049 RSU (zugrundeliegende 5.049 Aktien) und 5.852 RSU (zugrundeliegende 5.852 Aktien), jeweils mit Ausübungs-/Vesting-Fenstern aufgeführt und als Bestandteile der gemeldeten wirtschaftlichen Eigentumswerte aus derivativen Positionen ausgewiesen. Das Formular ist von einem Bevollmächtigten unterzeichnet.

Positive
  • Reported acquisition of 10,901 shares at $0, consistent with equity award vesting
  • Detailed RSU disclosure showing underlying share counts and exercisable/expiration windows
  • Form contains post-transaction beneficial ownership totals for transparency
Negative
  • Disposition of 5,806 shares at $8.97 reduced direct beneficial ownership to 171,929 shares
  • Some transactions executed by attorney-in-fact, which requires reliance on agent signature for accuracy

Insights

TL;DR: Insider received vested RSUs and executed a small sale, leaving substantial remaining holdings.

Neven Haltmayer's Form 4 records an acquisition of 10,901 common shares at zero cash consideration (code M), which typically reflects vesting or settlement of equity awards, and a contemporaneous disposal of 5,806 shares at $8.97. The transactions changed reported direct beneficial ownership to 171,929 shares. The filing also details two tranches of restricted stock units (5,049 and 5,852 RSUs) with specified exercisable/expiration windows and underlying common shares recorded. For investors, this is routine insider compensation-related activity rather than an extraordinary corporate event.

TL;DR: Transactions appear consistent with award vesting and an open-market or plan sale; disclosure is complete and standard.

The Form 4 discloses both non-derivative and derivative movements with dates, codes, quantities, and prices. The filing includes the required explanation that each restricted stock unit converts into one share. The form was executed by an attorney-in-fact, and all reported fields (transaction codes, amounts, post-transaction beneficial ownership) are present, meeting standard disclosure expectations under Section 16.

Operazioni di insider di Harmonic Inc. da parte del SVP & GM, Video Business: Il documento indica che Neven Haltmayer ha segnalato operazioni il 08/15/2025. Gli sono state accreditate 10.901 azioni ordinarie a prezzo $0 (segnalato come acquisizione, codice M), per un totale di 177.735 azioni di cui beneficiario immediatamente dopo tale voce. Nello stesso giorno ha ceduto 5.806 azioni ordinarie a $8,97, rimanendo con 171.929 azioni di cui beneficiario. Il modulo riporta inoltre il trattamento delle restricted stock units: 5.049 RSU (sottostanti 5.049 azioni) e 5.852 RSU (sottostanti 5.852 azioni), ciascuna con finestre di esercizio/vesting e indicate come componenti del totale di beneficial ownership riferito a strumenti derivati. Il documento è firmato da un procuratore.

Operaciones de insider de Harmonic Inc. por el SVP & GM, Video Business: La presentación muestra que Neven Haltmayer informó transacciones el 08/15/2025. Se le acreditaron 10.901 acciones ordinarias a precio $0 (reportado como adquisición, código M), resultando en 177.735 acciones de las que era beneficiario inmediatamente después de esa operación. En la misma fecha dispuso de 5.806 acciones ordinarias a $8,97, quedando con 171.929 acciones beneficiarias. El formulario también informa el tratamiento de restricted stock units: 5.049 RSU (subyacentes a 5.049 acciones) y 5.852 RSU (subyacentes a 5.852 acciones), cada una listada con ventanas de ejercicio/vesting y mostradas como generadoras de los totales reportados de propiedad beneficiaria sobre derivados. El formulario está firmado por un apoderado.

Harmonic Inc. 내부� 거래 � SVP � GM, 비디� 사업부: 제출서류� 따르� Neven Haltmayer� 2025� 08/15� 거래� 신고했습니다. 그는 $0 가격으� 10,901� 보통주를 부여받았으�(취득으로 보고, 코드 M), � 항목 직후� 177,735주의 실질� 보유자가 되었습니�. 같은 � 그는 보통� 5,806주를 주당 $8.97� 처분하여 실질 보유� 수는 171,929주로 남았습니�. 제출서류� 제한� 단위(restricted stock units)� 처리� 보고하며: 5,049 RSU(기초주식 5,049�) � 5,852 RSU(기초주식 5,852�)가 각각 행사/지�(vesting) 기간� 함께 기재되어 파생상품 보유� 대� 보고� 실질 보유 합계� 반영되어 있습니다. 서류� 대리인� 서명했습니다.

Opérations d'initiés de Harmonic Inc. par le SVP & GM, Video Business : Le dépôt indique que Neven Haltmayer a déclaré des opérations le 15/08/2025. Il s'est vu créditer 10 901 actions ordinaires au prix de 0 $ (déclaré comme acquisition, code M), aboutissant à 177 735 actions dont il était bénéficiaire immédiatement après cet élément. À la même date, il a cédé 5 806 actions ordinaires à 8,97 $, laissant 171 929 actions dont il est bénéficiaire. Le formulaire rapporte également le traitement des restricted stock units : 5 049 RSU (sous-jacentes à 5 049 actions) et 5 852 RSU (sous-jacentes à 5 852 actions), chacune listée avec des fenêtres d'exercice/vesting et indiquée comme contribuant aux totaux déclarés de détention bénéficiaire pour les positions dérivées. Le formulaire est signé par un mandataire.

Insider-Transaktionen von Harmonic Inc. durch den SVP & GM, Video Business: Die Meldung zeigt, dass Neven Haltmayer Transaktionen am 15.08.2025 gemeldet hat. Ihm wurden 10.901 Stammaktien zum Preis von $0 gutgeschrieben (als Erwerb gemeldet, Code M), wodurch er unmittelbar danach 177.735 wirtschaftlich begünstigte Aktien hielt. Am selben Datum veräußerte er 5.806 Stammaktien zu $8,97, womit 171.929 wirtschaftlich gehaltene Aktien verbleiben. Das Formular berichtet zudem über die Behandlung von Restricted Stock Units: 5.049 RSU (zugrundeliegende 5.049 Aktien) und 5.852 RSU (zugrundeliegende 5.852 Aktien), jeweils mit Ausübungs-/Vesting-Fenstern aufgeführt und als Bestandteile der gemeldeten wirtschaftlichen Eigentumswerte aus derivativen Positionen ausgewiesen. Das Formular ist von einem Bevollmächtigten unterzeichnet.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Haltmayer Neven

(Last) (First) (Middle)
2590 ORCHARD PARKWAY

(Street)
SAN JOSE CA 95131

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HARMONIC INC. [ HLIT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP & GM, Video Business
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/15/2025 M 10,901 A $0 177,735 D
Common Stock 08/15/2025 F 5,806 D $8.97 171,929 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units(1) $0 08/15/2025 M 5,049 02/15/2024 02/15/2026 Common Stock 5,049 $0 10,098 D
Restricted Stock Units(1) $0 08/15/2025 M 5,852 02/15/2025 02/15/2027 Common Stock 5,852 $0 35,109 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of HLIT common stock.
/s/ Wendi Ninh, Attorney-in-Fact 08/19/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Neven Haltmayer report on Form 4 for HLIT?

He reported an acquisition of 10,901 common shares at $0 and a disposition of 5,806 shares at $8.97 on 08/15/2025.

How many shares does Haltmayer beneficially own after the reported transactions?

The filing reports 171,929 shares of common stock beneficially owned following the reported disposal.

What restricted stock units were reported in the filing?

Two RSU tranches were reported: 5,049 RSUs (exercisable 02/15/2024 to 02/15/2026) and 5,852 RSUs (exercisable 02/15/2025 to 02/15/2027); each RSU represents one share.

Was the Form 4 signed by the reporting person?

The filing is signed by an attorney-in-fact, /s/ Wendi Ninh, dated 08/19/2025.

Do the transactions appear to be award vesting or open-market trades?

The acquisition at $0 (code M) indicates award vesting/settlement; the disposal shows a sale at $8.97.
Harmonic Inc

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Communication Equipment
Radio & Tv Broadcasting & Communications Equipment
United States
SAN JOSE