Nimrod Ben-Natan, President and CEO of Harmonic Inc., filed a Form 4 on September 15, 2026, reporting the vesting and conversion of 20,032 restricted stock units into common stock on September 11, 2026.

Key Highlights

  • Transaction type: Code M transaction (conversion of derivative security) dated September 11, 2026
  • Shares acquired: 20,032 shares of common stock acquired at $0 price via RSU vesting
  • Post-transaction ownership: 747,981 shares of common stock held directly following the transaction
  • RSUs remaining: 60,096 restricted stock units remain beneficially owned directly after the transaction
  • RSU terms: Each restricted stock unit represents a contingent right to receive one share of HLIT common stock, with the exercisable date of 06/11/2025 and expiration date of 06/11/2027
  • Reporting person roles: Ben-Natan is identified as both a Director and Officer (President and CEO) of the issuer

Harmonic Inc. CEO RSU Vesting Details and Beneficial Ownership Changes

According to the Form 4 filed with the SEC, Nimrod Ben-Natan, President and CEO of Harmonic Inc. (NASDAQ:HLIT), reported a transaction dated September 11, 2026, in which 20,032 restricted stock units were converted into an equivalent number of shares of common stock. The filing identifies the transaction code as M, indicating the exercise or conversion of a derivative security. The price recorded for both the RSU disposition and the common stock acquisition is $0.

The filing discloses that following this transaction, Ben-Natan directly holds 747,981 shares of Harmonic common stock. In Table II covering derivative securities, the filing shows that 20,032 RSUs were disposed of via the same conversion, with the RSUs carrying an exercisable date of 06/11/2025 and an expiration date of 06/11/2027. After the reported transaction, the filing states that Ben-Natan retains 60,096 restricted stock units beneficially owned directly. The filing includes a footnote clarifying that "each restricted stock unit represents a contingent right to receive one share of HLIT common stock."

The Form 4 was signed by Wendi Ninh as Attorney-in-Fact on September 15, 2026, and was filed as an individual report by one reporting person. The filing does not indicate any amendment to a prior form.

What Was Disclosed

The filing reported the conversion of 20,032 RSUs into common stock by Harmonic Inc.'s President and CEO on September 11, 2026, leaving the executive with 747,981 common shares and 60,096 RSUs directly held.