Quantum Corporation (QMCO) currently expects to meet or exceed its previously issued guidance for the fiscal quarter ended September 30, 2026. That expectation is based on information available to management and remains subject to completion of financial closing procedures and review of the financial statements by the independent registered public accounting firm.
William H. White was terminated as Chief Financial Officer and Principal Financial Officer effective October 9, 2026. Hiral A. Patel, the Company’s Chief Accounting Officer and Principal Accounting Officer, was appointed Principal Financial Officer effective that day. The Company said no disruption to current operations is expected and expects to timely file its quarterly report. After James C. Clancy’s previously announced move to Chief Operating Officer and resignation from the Board committees, independent director Yue Zhou White was appointed to the Audit Committee and independent director Donald J. Jaworski to the Nominating Committee, effective October 9, 2026.
Quantum Corp director Yue Zhou White received 12,000 restricted stock units on October 1, 2026. Each unit represents a contingent right to receive one share of QMCO common stock. The units vest in full on the earlier of October 1, 2027 or the date of the company's next annual meeting, subject to her continued service on the board. Her reported direct position after the award was 53,139 shares.
Quantum Corp (QMCO) director Tony J. Blevins acquired 12,000 restricted stock units (RSUs) on October 1, 2026. His reported direct holdings following the transaction were 25,000 shares. Each RSU represents a contingent right to receive one share of common stock. The RSUs vest in full on the earlier of October 1, 2027 or the date of the company’s next annual meeting, subject to his continued service on the board.
Quantum Corp director John R. Tracy received a grant of 12,000 restricted stock units (RSUs) on October 1, 2026, at a reported transaction price of $0.0000 per share. Each RSU represents a contingent right to receive one share of common stock. The units vest in full on the earlier of October 1, 2027 or the date of the company's next annual meeting of stockholders, subject to Tracy's continued service on the board. His reported direct position following the award was 39,000 shares of Common Stock.
Quantum Corp director and 10% owner John Fichthorn received 12,000 restricted stock units on October 1, 2026; each unit represents a contingent right to receive one common share. The units vest in full on the earlier of October 1, 2027, or the date of Quantum's next annual meeting of stockholders, subject to continued board service. After the grant, Fichthorn reported 40,896 directly held shares. Dialectic Technology SPV LLC directly held 14,104,620 shares, reported as indirectly held by Fichthorn, who disclaims beneficial ownership except to the extent of any pecuniary interest.
Quantum Corp (QMCO) granted Chief Operating Officer James C. Clancy 150,000 restricted stock units and options covering 400,000 common shares on October 1, 2026. The RSUs vest in three equal annual installments beginning October 1, 2027, subject to continued service. The options have a $31.885 exercise price, expire October 1, 2033, and vest in equal monthly installments over four years beginning November 1, 2026, subject to continued service. Clancy held 163,000 shares of common stock directly following the RSU grant.
Quantum Corp (QMCO) granted President & CEO Hugues Meyrath a nonstatutory stock option covering 500,000 common shares on October 1, 2026. The option has an exercise price of $31.8850 per share and expires October 1, 2033. It vests in equal monthly installments over four years beginning November 1, 2026, with a vesting commencement date of October 1, 2026, subject to his continued service through each vesting date.
Quantum Corp (QMCO) Chief Accounting Officer Hiral Patel acquired 50,000 restricted stock units on October 1, 2026. Each RSU represents a contingent right to receive one common share. The reported position following the grant was 50,000 shares. The RSUs vest in three equal annual installments beginning October 1, 2027, subject to continued service through each vesting date; the vesting commencement date is October 1, 2026.
Quantum Corp (QMCO) director Don Jaworksi received an award of 12,000 restricted stock units on October 1, 2026. Each unit represents a contingent right to receive one common share. His reported direct position following the award was 51,675 shares; the reported transaction price was $0.00 per share. This was a grant/award acquisition, not a purchase.
Quantum Corp (QMCO) Chief Revenue Officer Anthony Craythorne received a grant of 200,000 employee stock options on October 1, 2026, to acquire common stock at an exercise price of $31.885 per share. The options expire October 1, 2033. They vest in equal monthly installments over four years beginning November 1, 2026, with a vesting commencement date of October 1, 2026, subject to continued service through each vesting date.