Nash Laura A. 4
4 · QUANTUM CORP /DE/ · Filed Jul 7, 2026
Research Summary
AI-generated summary of this filing
Quantum (QMCO) Chief Accounting Officer Laura A. Nash Sells 260 Shares
What Happened
Laura A. Nash, Chief Accounting Officer of Quantum Corp (QMCO), reported the sale of 260 shares on July 2, 2026. The shares were disposed at a weighted average price of $10.51 per share, generating gross proceeds of about $2,733. The filing indicates the shares were sold to cover tax withholding related to the vesting of restricted stock units.
Key Details
- Transaction date: July 2, 2026; Form 4 filed July 7, 2026 (reporting period 7/2/2026).
- Transaction type/code: Open market/private sale (S).
- Shares sold: 260 at a weighted average price of $10.51 (price range reported $10.48–$10.53).
- Proceeds: Approximately $2,733.
- Footnote F1: Sale was automatic, non-discretionary, to cover tax withholding on RSU vesting (RSUs granted July 1, 2023); securities are subject to a Lock-Up Letter dated June 1, 2026 (clause (h)).
- Footnote F2: Price shown is a weighted average from block trades for multiple holders; detailed allocation and execution prices can be provided upon request.
- Shares owned after transaction: Not specified in the provided filing.
- Timeliness: Form 4 filed July 7; the filing shows the report date but does not state a late-filing code in the provided data.
Context
This sale is labeled as a withholding sale to satisfy taxes on vested restricted stock units — a common, routine insider transaction that typically does not signal a change in insider sentiment. The filing notes the transaction arose from RSU vesting rather than a discretionary sale.
Insider Transaction Report
Form 4
Nash Laura A.
Chief Accounting Officer
Transactions
- Sale
Common Stock
[F1][F2]2026-07-02$10.51/sh−260$2,733→ 10,770 total
Footnotes (2)
- [F1]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 July 1, 2023. This Form 4 is a required filing under the Securities Exchange Act of 1934, and the securities in this Form 4 are subject to the terms of that certain Lock-Up Letter Agreement, by and between the issuer and the Reporting Person, dated as of June 1, 2026, and is subject to clause (h) thereunder.
- [F2]Represents a weighted average price. These shares were sold as part of block trades for multiple security holders of the issuer on July 2, 2026, at a price ranging from $10.48 to $10.53. 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.
Signature
/s/ Tara Ilges, Attorney-in-Fact for Laura A. Nash|2026-07-07