Quantum Corp (QMCO) CAO records tax-driven sale and 49,500-option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quantum Corp’s Chief Accounting Officer Laura A. Nash reported two compensation-related equity moves. On April 2, 2026, 109 shares of common stock were automatically sold at a weighted average price of $5.44 to cover tax withholding on vesting restricted stock units, leaving her with 11,030 common shares held directly. On April 1, 2026, she received a grant of 49,500 nonstatutory stock options with a $5.03 exercise price, which vest in equal monthly installments over four years beginning April 1, 2026 and expire in 2033.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 109 shares ($593)
Net Sell
2 txns
Insider
Nash Laura A.
Role
Chief Accounting Officer
Sold
109 shs ($592.96)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 109 | $5.44 | $592.96 |
| Grant/Award | Employee Stock Option (right to buy) | 49,500 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 11,030 shares (Direct);
Employee Stock Option (right to buy) — 49,500 shares (Direct)
Footnotes (1)
- Represents the number of shares automatically sold on a non-discretionary basis, to cover tax withholding obligations in connection with the vesting of restricted stock units granted on April 1, 2024. Represents a weighted average price. These shares were sold as part of block trades for multiple security holders of the issuer on April 2, 2026, at a price ranging from $5.43 to $5.45. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission, the issuer, or a securityholder of the issuer detailed information regarding the number of shares sold and the prices at which the transactions were executed. This nonstatutory stock option vests over four years in equal monthly installments beginning on April 1, 2026, subject to the Reporting Persons continued service through each vesting date.
Key Figures
Tax-related share sale: 109 shares at $5.44
Shares held after sale: 11,030 shares
Option grant size: 49,500 options
+4 more
7 metrics
Tax-related share sale
109 shares at $5.44
Automatic, non-discretionary sale on April 2, 2026
Shares held after sale
11,030 shares
Common stock directly owned following April 2, 2026 sale
Option grant size
49,500 options
Nonstatutory stock options granted April 1, 2026
Option exercise price
$5.03 per share
Conversion or exercise price for granted options
Option expiration
2033-04-01
Expiration date of nonstatutory stock option grant
Vesting schedule
4 years, monthly
Options vest in equal monthly installments from April 1, 2026
Net share direction
109 net shares sold
transactionSummary netBuySellShares shows net-sell of 109
Key Terms
restricted stock units, weighted average price, block trades, nonstatutory stock option, +1 more
5 terms
restricted stock units financial
"to cover tax withholding obligations in connection with the vesting of restricted stock units granted on April 1, 2024"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average price financial
"Represents a weighted average price. These shares were sold as part of block trades"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
block trades financial
"These shares were sold as part of block trades for multiple security holders"
A block trade is a single, large buy or sell of shares or bonds arranged privately between big traders rather than piecemeal on the public market. Think of it like buying a whole shipment at once instead of many small shopping trips; it lets large holders move big positions with less immediate disruption but can signal strong buying or selling pressure and cause price swings once the trade is known, so investors watch block trades for clues about market sentiment and liquidity.
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.
vesting financial
"to cover tax withholding obligations in connection with the vesting of restricted stock units"
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.
FAQ
What insider transactions did QMCO Chief Accounting Officer Laura A. Nash report?
Laura A. Nash reported an automatic sale of 109 Quantum Corp common shares and a grant of 49,500 nonstatutory stock options. The sale covered tax withholding on restricted stock units, while the options provide future purchase rights at a fixed $5.03 exercise price.
What stock option grant did QMCO’s Chief Accounting Officer receive?
She received 49,500 nonstatutory stock options on Quantum Corp common stock. The options have a $5.03 exercise price, vest in equal monthly installments over four years starting April 1, 2026, and are scheduled to expire in 2033 if not exercised.