Harmonic (NASDAQ: HLIT) grants 49,161 RSUs to sales SVP Glahn
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Glahn Ronald J reported acquisition or exercise transactions in this Form 4 filing.
Harmonic Inc. reported that SVP, Global Sales, Broadband Ronald J. Glahn received a grant of 49,161 restricted stock units linked to Harmonic common stock. Each unit represents a contingent right to receive one share.
One third of the RSUs is scheduled to vest on 2/15/2027, with about 8.33% of the remaining units vesting every three months so the award becomes fully vested on the third anniversary of the RSU Vesting Commencement Date. After this grant, Glahn owns 49,161 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Glahn Ronald J
Role
SVP, Global Sales, Broadband
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 49,161 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 49,161 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of HLIT common stock. One third (33.33%) of the Shares subject to the Restricted Stock Units are scheduled to vest on 2/15/2027, and approximately 8.33% of the remaining Restricted Stock Units will vest each three months thereafter, so as to be 100% vested on the third anniversary of the RSU Vesting Commencement Date.
FAQ
What does Harmonic (HLIT) report in Ronald Glahn’s latest Form 4?
Harmonic reports that Ronald J. Glahn, its SVP, Global Sales, Broadband, received 49,161 restricted stock units. These units are a form of stock-based compensation that will convert into Harmonic common shares if service-based vesting conditions are met over time.
How many restricted stock units did HLIT grant to Ronald Glahn?
Harmonic granted Ronald Glahn 49,161 restricted stock units. Each unit corresponds to a contingent right to receive one share of Harmonic common stock, providing equity-based incentives aligned with the company’s long-term performance and his continued employment.
What is the vesting schedule for Ronald Glahn’s 49,161 HLIT RSUs?
One third of Glahn’s restricted stock units is scheduled to vest on 2/15/2027. Approximately 8.33% of the remaining units will then vest every three months until the grant is 100% vested on the third anniversary of the RSU Vesting Commencement Date.
What does each restricted stock unit granted by Harmonic to Ronald Glahn represent?
Each restricted stock unit granted to Ronald Glahn represents a contingent right to receive one share of Harmonic common stock. Actual shares will only be delivered as the units vest according to the specified schedule and service-based conditions.
How many HLIT restricted stock units does Ronald Glahn hold after this grant?
Following the reported grant, Ronald Glahn holds 49,161 restricted stock units directly. These units will convert into Harmonic common shares only as they vest according to the outlined schedule tied to his ongoing service with the company.