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Quantum Corp (QMCO) CEO awarded 850,000 stock options vesting over four years

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Meyrath Hugues reported acquisition or exercise transactions in this Form 4 filing.

Quantum Corp (QMCO) President & CEO Hugues Meyrath received a grant of 850,000 employee stock options. Each option allows him to buy one share of common stock at $5.03 per share until April 1, 2033. The options vest in equal monthly installments over four years starting April 1, 2026, contingent on his continued service.

Positive

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Insights

Large option grant aligns CEO incentives with long-term share performance.

Quantum Corp awarded President & CEO Hugues Meyrath 850,000 nonstatutory stock options with a $5.03 exercise price and expiration in 2033. This is a compensation-related acquisition rather than an open‑market purchase or sale.

The options vest monthly over four years beginning April 1, 2026, subject to continued service. This structure encourages management retention and focuses rewards on long-term share price appreciation above $5.03, though actual value depends on future stock performance.

Insider Meyrath Hugues
Role President & CEO
Type Security Shares Price Value
Grant/Award Employee Stock Option (right to buy) 850,000 $0.00 --
Holdings After Transaction: Employee Stock Option (right to buy) — 850,000 shares (Direct)
Footnotes (1)
  1. [object Object]
Option grant size 850,000 options Nonstatutory employee stock option grant to CEO
Exercise price $5.03 per share Conversion or exercise price for the options
Underlying shares 850,000 shares Common stock underlying the options
Total options after grant 850,000 options Total derivative securities following this transaction
Option expiration April 1, 2033 Expiration date of the nonstatutory stock options
Vesting start date April 1, 2026 Monthly vesting begins, over four years, subject to service
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.
Employee Stock Option (right to buy) financial
"security_title": "Employee Stock Option (right to buy)""
vests over four years financial
"vests over four years in equal monthly installments beginning on April 1, 2026"
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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Meyrath Hugues

(Last)(First)(Middle)
C/O QUANTUM CORPORATION
10770 E. BRIARWOOD AVE

(Street)
CENTENNIAL COLORADO 80112

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
QUANTUM CORP /DE/ [ QMCO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (right to buy)$5.0304/01/2026A850,000(1) (1)04/01/2033Common Stock850,000$0850,000D
Explanation of Responses:
1. This nonstatutory stock option vests over four years in equal monthly installments beginning on April 1, 2026, subject to the Reporting Person's continued service through each vesting date.
/s/ Tara Ilges, attorney-in-fact for Hugues Meyrath04/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Quantum Corp (QMCO) disclose about Hugues Meyrath in this Form 4?

Quantum Corp reported that President & CEO Hugues Meyrath received 850,000 nonstatutory employee stock options. These options give him the right to buy common shares at $5.03 each, expiring in 2033, as part of his executive compensation package.

How many stock options did QMCO CEO Hugues Meyrath receive and at what price?

Hugues Meyrath was granted 850,000 employee stock options at an exercise price of $5.03 per share. Each option covers one share of Quantum Corp common stock, creating potential future ownership if the stock trades above that price and he chooses to exercise.

When do Hugues Meyrath’s Quantum Corp stock options vest?

The nonstatutory stock options begin vesting on April 1, 2026, in equal monthly installments over four years. Vesting is conditioned on Meyrath’s continued service with Quantum Corp through each vesting date, supporting long-term leadership continuity and incentive alignment.

Are Hugues Meyrath’s QMCO option grants an open-market purchase or sale?

No, the Form 4 shows a compensation-related grant coded as an acquisition (A), not an open-market trade. Meyrath did not buy or sell shares in the market; he received 850,000 stock options as an award from Quantum Corp at a $5.03 exercise price.

What is the expiration date of Hugues Meyrath’s Quantum Corp stock options?

The employee stock options granted to Hugues Meyrath expire on April 1, 2033. He can choose to exercise vested portions before this date at $5.03 per share, if the stock price makes exercising economically attractive relative to the exercise price.