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AI brief of an SEC Form 8-K · Harmonic (HLIT)

Harmonic Approves 2025 Key Contributor Incentive Plans for Executives

Neutral Impact 2 of 5 shareholder Written later

On February 20, 2025, Harmonic's Compensation Committee approved three 2025 bonus plans covering corporate, broadband and video executives, including CEO Nimrod Ben-Natan and CFO Walter Jankovic. Bonuses depend on fiscal 2025 non-GAAP operating profit and bookings targets, and the committee retains discretion to amend or cancel the plans.

Key points

  • Target bonus is 100% of base salary for CEO Nimrod Ben-Natan and 80% for CFO Walter Jankovic
  • Payouts can reach up to 200% of the target bonus portion tied to each metric if targets are exceeded
  • Broadband Plan uses non-GAAP operating profit and bookings; Video Plan uses non-GAAP operating profit for fiscal 2025
  • Bonuses are paid after fiscal year 2025 ends, and participants must remain employed through payment

The filing

CompanyHarmonic (HLIT)
Form8-K, current report
Filed with the SECFeb 26, 2025, 4:11 PM ET
Accession number0000851310-25-000026

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 26, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.