Nash Laura A. 4

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.