secwatch.observer — SEC 8-K summary
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Issuer:     HARMONIC INC. (HLIT)
CIK:        0000851310
Form:       8-K
Filed at:   2024-04-18T23:59:59+00:00
Accession:  0000851310-24-000032
Event type: leadership
Sentiment:  negative
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Harmonic SVP Global Sales Ian Graham to depart effective July 5, 2024
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- Ian Graham, SVP Global Sales, leaving Harmonic; departure effective July 5, 2024; no successor announced.
- Severance: 12 months base salary (£265,601.70) plus continued health benefits for 12 months.
- Settlement includes mutual non-disparagement, confidentiality, and release of claims against the company.
- Restricted stock units (RSUs) will stop vesting as of the termination date per the stock plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851310/000085131024000032/0000851310-24-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851310/000085131024000032/hlit-20240415.htm
  HTML page:      https://secwatch.observer/filing/0000851310-24-000032

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer