Quantum holders OK 3.4M-share incentive plan
Quantum Corporation (QMCO) reported the results of its September 15, 2026 annual meeting of shareholders, where all proposals described in its July 29, 2026 proxy statement were approved.
Rhea-AI Filing Summary
Quantum Corporation (QMCO) reported the results of its September 15, 2026 annual meeting of shareholders, where all proposals described in its July 29, 2026 proxy statement were approved.
All director nominees received over 21.4 million votes in favor, with broker non-votes of 4,127,029 for each nominee. Shareholders approved an amendment and restatement of the 2023 Long-Term Incentive Plan to increase the shares of common stock reserved for issuance by 3,400,000 shares, with 21,866,419 votes for, 167,018 against, and 11,174 abstentions, plus 4,127,029 broker non-votes. On a non-binding advisory basis, compensation of the named executive officers was approved with 21,981,263 votes for and 49,283 against. The appointment of CohnReznick LLP as independent registered public accounting firm for the fiscal year ending March 31, 2027 was ratified with 26,115,827 votes for, 34,689 against, and 21,124 abstentions.
Positive
- None.
Negative
- None.
Filing Explained
The approved increase adds 3,400,000 shares to the incentive plan’s reserve for possible future issuance; because this filing reports no shares issued under the increase, it does not establish dilution or a change in existing holders’ percentage ownership from this event.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Annual meeting date: September 15, 2026
Increase in LTIP reserved shares: 3,400,000 shares
LTIP amendment votes for: 21,866,419 votes
+4 more
7 metrics
Annual meeting date
September 15, 2026
Date of the 2026 annual meeting of shareholders
Increase in LTIP reserved shares
3,400,000 shares
Additional shares of common stock reserved under the 2023 Long-Term Incentive Plan
LTIP amendment votes for
21,866,419 votes
Votes in favor of amending and restating the 2023 Long-Term Incentive Plan
Say-on-pay votes for
21,981,263 votes
Votes in favor of named executive officer compensation on a non-binding advisory basis
Auditor ratification votes for
26,115,827 votes
Votes in favor of ratifying CohnReznick LLP as independent registered public accounting firm
Lowest director support (for votes)
21,403,568 votes
For votes received by director John R. Tracy, the lowest among elected nominees
Broker non-votes on Proposals 1–3
4,127,029
Broker non-votes recorded for each director election and for Proposals 2 and 3
Key Terms
Broker Non-Votes, Long-Term Incentive Plan, non-binding advisory basis, independent registered public accounting firm
4 terms
Broker Non-Votes financial
"For | Against | Abstain | Broker Non-Votes 21,866,419 | 167,018 | 11,174 | 4,127,029"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
Long-Term Incentive Plan financial
"amendment and restatement of the Quantum Corporation 2023 Long-Term Incentive Plan"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
non-binding advisory basis financial
"The compensation of the Company’s named executive officers has been approved, on a non-binding advisory basis."
A non-binding advisory basis is guidance or a recommendation offered for informational purposes that does not create legal obligations or guarantees; recipients can accept, modify, or ignore it without contractual consequences. Investors should treat it like a weather forecast for planning—useful for forming expectations and assessing risk, but not a firm promise—so they should verify assumptions, seek confirming information, and avoid relying on it as the sole basis for investment decisions.
independent registered public accounting firm financial
"The appointment of CohnReznick LLP as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Which directors were elected at Quantum Corporation’s 2026 annual meeting and with how many votes?
Seven directors were elected: Hugues Meyrath, Tony J. Blevins, James C. Clancy, John A. Fichthorn, Donald J. Jaworski, John R. Tracy, and Yue Zhou (Emily) White. Each received between 21,403,568 and 22,003,756 votes for, with 4,127,029 broker non-votes for each nominee.
Who is Quantum Corporation’s (QMCO) auditor for the fiscal year ending March 31, 2027?
CohnReznick LLP was ratified as Quantum Corporation’s independent registered public accounting firm for the fiscal year ending March 31, 2027, receiving 26,115,827 votes for, 34,689 against, and 21,124 abstentions from shareholders.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 15, 2026
(Exact name of registrant as specified in its charter) | ||
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| Registrant's telephone number, including area code | |||||
| N/A | |||||
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Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||||||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07 Submission of Matters to a Vote of Security Holders.
The following is a brief description of each matter submitted to a vote at the 2026 annual meeting of shareholders of the Company held on September 15, 2026 (the “Annual Meeting”), as well as the number of votes with respect to each matter. For more information about these proposals, please refer to the Company’s definitive proxy statement on Schedule 14A filed with the SEC on July 29, 2026.
Proposal 1. The following directors were elected to serve until the 2027 annual meeting of shareholders or until their successors are duly qualified and elected:
| For | Against | Abstain | Broker Non-Votes | |||||||||||||||||||||||||||||||||||||||||
| Hugues Meyrath | 21,910,135 | 129,429 | 5,047 | 4,127,029 | ||||||||||||||||||||||||||||||||||||||||
| Tony J. Blevins | 21,999,852 | 39,633 | 5,126 | 4,127,029 | ||||||||||||||||||||||||||||||||||||||||
| James C. Clancy | 22,003,756 | 35,755 | 5,100 | 4,127,029 | ||||||||||||||||||||||||||||||||||||||||
| John A. Fichthorn | 21,992,444 | 47,059 | 5,108 | 4,127,029 | ||||||||||||||||||||||||||||||||||||||||
| Donald J. Jaworski | 21,911,930 | 127,115 | 5,566 | 4,127,029 | ||||||||||||||||||||||||||||||||||||||||
| John R. Tracy | 21,403,568 | 635,860 | 5,183 | 4,127,029 | ||||||||||||||||||||||||||||||||||||||||
| Yue Zhou (Emily) White | 21,914,386 | 125,172 | 5,053 | 4,127,029 | ||||||||||||||||||||||||||||||||||||||||
Proposal 2. The amendment and restatement of the Quantum Corporation 2023 Long-Term Incentive Plan to increase the number of shares of the Company’s common stock reserved for issuance thereunder by 3,400,000 shares has been approved.
| For | Against | Abstain | Broker Non-Votes | ||||||||||||||||||||||||||||||||
| 21,866,419 | 167,018 | 11,174 | 4,127,029 | ||||||||||||||||||||||||||||||||
Proposal 3. The compensation of the Company’s named executive officers has been approved, on a non-binding advisory basis.
| For | Against | Abstain | Broker Non-Votes | ||||||||||||||||||||||||||||||||
| 21,981,263 | 49,283 | 14,065 | 4,127,029 | ||||||||||||||||||||||||||||||||
Proposal 4. The appointment of CohnReznick LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2027 has been ratified.
| For | Against | Abstain | ||||||||||||||||||||||||
| 26,115,827 | 34,689 | 21,124 | ||||||||||||||||||||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| QUANTUM CORPORATION | ||||||||
Date: September 17, 2026 | By: | /s/ William H. White | ||||||
| Name: | William H. White | |||||||
| Title: | Chief Financial Officer | |||||||