secwatch.observer — SEC 8-K summary
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Issuer:     HARMONIC INC. (HLIT)
CIK:        0000851310
Form:       8-K
Filed at:   2026-02-09T23:59:59+00:00
Accession:  0001193125-26-042914
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Harmonic adopts 2026 bonus plan; raises CEO salary to $750K; expands severance; accelerates vesting for video GM
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- CEO Nimrod Ben-Natan base salary increased from $618K to $750K effective July 1, 2026; CFO and GC also get raises.
- New severance agreements provide 150% salary for CEO and 100% for others on involuntary termination outside change-of-control period.
- During change-of-control, CEO gets 200% salary and bonus, 18 months benefits; others get 100%.
- Performance goals for 2026 bonus plan: non-GAAP operating profit and bookings; target bonuses up to 200% of target.
- Compensation committee accelerated vesting of time-based RSUs for SVP/GM Video Business Neven Haltmayer upon completion of Video Business sale to MediaKind.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851310/000119312526042914/0001193125-26-042914-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851310/000119312526042914/hlit-20260203.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-042914

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