{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-273457","form_type":"8-K","ticker":"HLIT","cik":"0000851310","company_name":"HARMONIC INC.","filed_at":"2026-06-17T13:05:00+00:00","discovered_at":"2026-06-17T13:06:00.277906+00:00","generated_at":"2026-06-17T13:06:21.218749+00:00","sec_items":["2.01","5.02","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Harmonic completes sale of Video Business to MediaKind for $145M cash, becomes pure-play broadband","bullets":["Sold Video Business to MediaKind (Leone Media Inc.) for $145M in cash, subject to working capital and other adjustments.","Transaction closed June 16, 2026; Harmonic now focused exclusively on virtualized broadband solutions.","Neven Haltmayer, SVP and GM of Video Business, resigned effective June 16, retiring after 20 years.","Company plans Investor Day on September 15, 2026, to detail broadband strategy and growth outlook.","Cash proceeds strengthen balance sheet, provide capital for innovation and expansion in broadband market."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-273457","json":"https://secwatch.observer/filing/0001193125-26-273457.json","markdown":"https://secwatch.observer/filing/0001193125-26-273457.md","text":"https://secwatch.observer/filing/0001193125-26-273457.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/851310/000119312526273457/0001193125-26-273457-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/851310/000119312526273457/hlit-20260616.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T13:06:21.218749+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3845e682ef","claim":"Neven Haltmayer resigned as Senior Vice President and General Manager, Video Business at HARMONIC INC..","evidence_excerpt":"Neven Haltmayer has resigned from his position of Senior Vice President and General Manager, Video Business, of the Company, effective June 16, 2026, in connection with the closing of the Acquisition.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/851310/000119312526273457/0001193125-26-273457-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Senior Vice President and General Manager, Video Business"}],"fact_type":"executive_change"},{"claim_id":"666b9571a3f0c90afab931b125ad4a2e667a2736","claim":"HARMONIC INC. completed a disposition involving Leone Media Inc. (d/b/a MediaKind) for $145 million in cash (closed 2026-06-16).","evidence_excerpt":"On June 16, 2026, Harmonic Inc. (the “Company”) completed the previously disclosed sale of its Video Business (the “Business”) pursuant to that certain Asset Purchase Agreement, dated March 20, 2026, (the “APA”) with Leone Media Inc. (d/b/a MediaKind) (the “Buyer”) for a purchase price of $145 million in cash (the “Acquisition”).","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/851310/000119312526273457/0001193125-26-273457-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Leone Media Inc. (d/b/a MediaKind)"},{"label":"Consideration","value":"$145 million in cash"},{"label":"Closing","value":"2026-06-16"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}