secwatch.observer — SEC 8-K summary
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Issuer:     HARMONIC INC. (HLIT)
CIK:        0000851310
Form:       8-K
Filed at:   2025-02-26T23:59:59+00:00
Accession:  0000851310-25-000026
Event type: other
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Harmonic adopts 2025 incentive plans; CEO target bonus 100% of salary
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- Named execs: CEO Nimrod Ben-Natan (100%), CFO Walter Jankovic (80%), SVP Neven Haltmayer (70%), GC Timothy Chu (65%).
- Plans based on non-GAAP operating profit and bookings targets for fiscal 2025.
- Maximum bonus payout up to 200% of target if thresholds exceeded.
- Payment contingent on employment through payout date; Compensation Committee retains discretion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851310/000085131025000026/0000851310-25-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851310/000085131025000026/hlit-20250220.htm
  HTML page:      https://secwatch.observer/filing/0000851310-25-000026

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