On May 14, 2026, Director Stephanie Copeland reported the sale of 4,300 shares of Harmonic (NASDAQ:HLIT) common stock in an open-market transaction, as disclosed in an SEC Form 4 filing.
Transaction summary Transaction and post-transaction value based on SEC Form 4 reported price ($13.31)
Key questions – How material was this sale relative to Copeland’s total ownership? This transaction reduced Copeland’s direct holdings by 17.16%, leaving her with 20,752 shares and no indirect or derivative interests reported as of the filing. – What was the context for this trade in terms of historical activity? This is the first sale event by Copeland over the past two years, with previous filings limited to administrative changes and no prior open-market dispositions reported since at least June 2024. – Did the sale price reflect prevailing market conditions on the transaction date?
The shares were sold at $13.30, which was slightly below the May 14, 2026 closing price of $13.34, and approximately 6.6% above the closing share price of $12.48 on May 18, 2026. – Does Copeland maintain a meaningful equity position post-sale? Following this transaction, Copeland continues to hold 20,752 shares directly, representing a residual position valued at ~$276,000. Company overview * 1-year performance calculated using May 14, 2026 as the reference date.