Quantum Corp (QMCO) CRO granted 148,500 stock options vesting over four years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quantum Corp (QMCO) Chief Revenue Officer Anthony Craythorne received a grant of 148,500 employee stock options. These options give him the right to buy Quantum common stock at an exercise price of $5.03 per share until their expiration on April 1, 2033.
The nonstatutory stock options were awarded as compensation and are classified as a grant/award acquisition, not an open-market purchase or sale. The award vests over four years in equal monthly installments beginning on April 1, 2026, conditioned on his continued service through each vesting date. After this grant, he holds 148,500 options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Craythorne Anthony
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 148,500 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 148,500 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 148,500 options
Exercise price: $5.03 per share
Expiration date: April 1, 2033
+2 more
5 metrics
Options granted
148,500 options
Employee stock option grant to CRO Anthony Craythorne
Exercise price
$5.03 per share
Exercise price for the 148,500 employee stock options
Expiration date
April 1, 2033
Option term end date for granted options
Vesting schedule
4 years, monthly
Equal monthly vesting beginning April 1, 2026
Total options after grant
148,500 options
Total options held directly by reporting person following transaction
Key Terms
nonstatutory stock option, exercise price, vesting, Form 4
4 terms
nonstatutory stock option financial
"This nonstatutory stock option vests over four years in equal monthly installments"
A nonstatutory stock option (also called a non-qualified stock option) is an employee or contractor right to buy company shares at a set price that does not qualify for special tax treatment. When exercised, the difference between the market price and the set price is treated as ordinary income for the recipient and usually triggers payroll tax and withholding. For investors, these options matter because they create potential share dilution, affect reported compensation costs, and influence the timing of when new shares enter the market—similar to a coupon that lets someone buy stock at a discount but results in an immediate tax bill.
exercise price financial
"conversion_or_exercise_price": "5.0300""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"vests over four years in equal monthly installments beginning on April 1, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Quantum Corp (QMCO) report for Anthony Craythorne?
Quantum Corp reported that Chief Revenue Officer Anthony Craythorne received 148,500 employee stock options as a compensation award. These options allow him to buy common stock at a fixed $5.03 exercise price, rather than reflecting an open-market share purchase or sale.
How many Quantum Corp (QMCO) stock options were granted to the CRO and at what price?
Anthony Craythorne was granted 148,500 employee stock options, each with an exercise price of $5.03 per share. This means he can buy up to 148,500 Quantum common shares at $5.03 if he exercises these options before they expire.
When do Anthony Craythorne’s Quantum Corp (QMCO) stock options vest?
The nonstatutory stock options vest over four years in equal monthly installments starting April 1, 2026. Vesting is conditional on his continued service with Quantum Corp through each monthly vesting date, gradually increasing the portion of options he can exercise.
When do the newly granted Quantum Corp (QMCO) stock options expire?
The granted employee stock options expire on April 1, 2033. After that date, any unexercised options will lapse and can no longer be used to buy Quantum Corp common stock at the $5.03 exercise price specified in the grant.