Clifford Deborah 4
4 · HARMONIC INC. · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
HARMONIC (HLIT) Director Deborah Clifford Receives RSU Award
What Happened Deborah Clifford, a director of HARMONIC INC. (HLIT), received a grant of 18,756 restricted stock units (RSUs) on March 16, 2026. The grant is reported as an award/derivative transaction (code A) with an acquisition price of $0.00 — RSUs represent a contingent right to receive one share of HLIT common stock per unit (footnote F1). The RSUs are scheduled to vest in full on February 15, 2027, with shares to be delivered on or immediately after that date (footnote F2).
Key Details
- Transaction date: 2026-03-16; Form 4 filed 2026-03-18 (timely filing).
- Grant: 18,756 RSUs at $0.00 (derivative award, code A).
- Vesting: All RSUs vest on 2027-02-15; delivery on or immediately after vesting (F2).
- Shares owned after transaction: Not disclosed in the provided excerpt.
- Notes: F1 clarifies each RSU converts to one share upon vesting; this is an award, not an open-market purchase or sale.
Context RSU grants are a common form of executive/director compensation and do not represent immediate share ownership or a market purchase—value is realized only if/when the units vest and shares are issued. This filing is informational about compensation and should not be read as a direct buy or sell signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-03-16+18,756→ 18,756 totalExercise: $0.00From: 2027-02-15Exp: 2027-02-15→ Common Stock (18,756 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of HLIT common stock.
- [F2]The shares subject to the restricted stock units are scheduled to vest in full on February 15, 2027. Vested shares will be delivered to the reporting person on or immediately following February 15, 2027.