Harmonic adopts 2026 bonus plan, raises CEO salary, amends executive severance deals
Harmonic's Compensation Committee approved a 2026 Key Contributor Incentive Plan tied to non-GAAP operating profit and bookings, raised named executive base salaries effective July 1, 2026, and amended change-of-control severance agreements for three executives. The filing also accelerates vesting of equity for the head of the Video Business, which is being sold, once the sale closes. The changes set pay incentives and severance terms for top executives, which shareholders may track through future proxy and results disclosures.
Key points
- CEO Nimrod Ben-Natan's new base salary is $750,000, up from $618,000, effective July 1, 2026
- Bonus payouts are capped at 200% of the target portion for each metric; payment follows the end of fiscal 2026
- Change-of-control severance for executives within 18 months of a change of control includes lump sums of 100% of base salary (200% for the CEO)
- Vesting acceleration for Neven Haltmayer's unvested RSUs applies upon completion of the pending Video Business sale to Leone Media Inc. (d/b/a MediaKind)
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits 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 09, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.