Quantum grants CEO Hugues Meyrath 500,000 options
The option vests in equal monthly installments over four years beginning November 1, 2026, subject to continued service through each vesting date.
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Rhea-AI Filing Summary
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) F1 | 500,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. This nonstatutory stock option vests over four years in equal monthly installments beginning on November 1, 2026, with a vesting commencement date of October 1, 2026, subject to the Reporting Persons continued service through each vesting date.
Key Figures
Key Terms
nonstatutory stock option financial
exercise price financial
vesting commencement date financial
FAQ
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What stock option did QMCO grant to CEO Hugues Meyrath?
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AI-generated analysis. How Rhea-AI works. Not financial advice.