Quantum CEO granted 850,000 stock options at $5.03
Meyrath Hugues reported acquisition or exercise transactions in this Form 4 filing.
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
- None.
Negative
- None.
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 Trade Summary
Grant/Award: 850,000 shares
Grant/Award
1 txn
Insider
Meyrath Hugues
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 850,000 | $0.00 | $0.00 |
Holdings After Transaction:
Employee Stock Option (right to buy) — 850,000 contracts (Direct)
Footnotes (1)
- F1. 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.
Key Figures
Option grant size: 850,000 options
Exercise price: $5.03 per share
Underlying shares: 850,000 shares
+3 more
6 metrics
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
Key Terms
nonstatutory stock option, Employee Stock Option (right to buy), vests over four years, exercise price
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.
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"
A grant that "vests over four years" is a promise that ownership of awarded company shares or options becomes permanent in small portions over a four-year period instead of all at once. Think of it like earning a four-year subscription one month at a time: the recipient gains the right to a bit more stock as time passes, which matters to investors because it affects when employees can sell shares, how quickly ownership shifts, and the timing of potential dilution or insider selling.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
